Ann: Tomingley Gold Extension Project Approved, Financing Secured, page-15

Great announcement today, highly anticipated.

I looked at an old presentation to see how it compares to today.
An Alkane presentation from July 2022 (Noosa Mining Conf), showing their best thoughts of ore sources by year, and total production at the time.

I note the ministerial approval is for up to 1.75m tonnes p.a. versus Alkane thoughts in July last year of 1.5m tonnes.
Did they ask for higher rates to give them head room for more processing without added approval - or are Alkane now planning to move 1.75m tonnes?

Back in July last year (according to the graph) they expected something like 55,000 oz this financial year - which has now been upgraded to 62-70,000oz.

Due to the slow approval the timeline has slipped since the presentation, with Roswell ore no longer in FY23.
It will be interesting to see what production they forecast for FY 2024





I think there is certain to be more ore than they have defined at this point, so mine life will go way past 2032