Ann: Production and cashflow guidance increases, page-8

Hi Watchfulbull

The upside is the AISC reduced to $1850 which makes a lot of difference. The 66k oz guidance reflects protecting the mine life of Klondyke .... although a small number of ozs the profit margin is much better (strip ratio 2.5, smaller digger? and reduced mining costs?).

Slowing down on Bulletin? Maybe the Nullagine assets coming into the picture?

Last problem is the debt restructure.