Ann: Woodlawn Production Restart Study - NPV increases by 37%, page-212

The uncertainty of ramp-up at Woodlawn is completely different to what G1A had, G1A constructed an entire new mill on an orebody that had never been mined before and got the geology and grade control wrong thus mining wrong.

At Woodlawn there is a long production history of over 20 years from the previous operation, albeit at an old mill that does not exist anymore, but there is a new mill of a similar type to the old Woodlawn mill, absolutely chalk and cheese when it comes to ramp-up risks between an entirely new mine and mill vs an existing mine with a new but better mill.