Ann: OAU: Westgold Strategic Alliance and Placement, page-59

Hi Wassa,

your chart shows potentially a downward production trend,or a very BB ex NST type start at 20% margin on the gold price and an end at the same 20%.
IMHO- The gap in between is very much a case of a mine plan on a lower price being overtaken by a higher gold price.
No doubt a lot of lower grade uneconomic to process stockpiles have been disposed of at a profit in the interim and future rehab liability taken care of which doesn't show up immediately in the books,other than comments made about certain site rehab being completed and the last of certain stockpiles being trucked to mills.
That appears to be a progressive and ongoing strategy.

You can always high grade a deposit for a quick buck,but as we know WGX has spare capacity.
Cash generation has been moderated as other things have been happening in the last QTR shown including rain
You are right about the ounces and I have no doubt the ounces will rise as Great Fingal kicks in some feed.

Regards