TOP 20 LOADING UP!, page-133

I like a lot of ex holders bought on the promise of 4million plus ounces, quick mining entry into 60,000 ounces per year and low ASIC due to existing infrastructure and no above ground infrastructure for processing.

Instead in the last 3 months we got
- 3 million ounces
- slow build up to steady state mining (4 years) despite existing infrastructure underground that had been inspected and reported as fit for mining
- incredibly HIGH and uncompetitive ASIC - US$1100 +

The market has reacted to the poor DFS, ASIC & Mining Program by slashing 60% of SP in 3 months with more falls to come