Ann: Quarterly Report Presentation - December 201, page-3

re: Ann: Quarterly Report Presentation - Dece... Good summary Dasa, though I have to disagree with your comment about copper production. I think milled throughput and recoveries were the highest on record. The lower production was due to a lower head grade, which they flagged at the start of the year.

I also listened to the web cast, TB made a few interesting comments:
- He indicated they are disappointed SFR has not had any further discovery success
- The Okavu project will be reviewed in March, I think there?s a good chance they will cut this loose. Hopefully they can sell it to a minor and re-coup their exploration costs. (can?t win them all)
- A study is underway to examine the feasibility of extending the pit vs UG bulk mining.