Ann: Response to ASX Query, page-4

Here are some of their previous statements leading up to yesterdays announcement

10/03/17 "Processing ore through Burbanks is planned to commence in Q2 2017."

10/03/17 "Full refurbishment of Burbanks facility to be completed within weeks"

10/03/17 "Toll-treatment agreements for the processing of 3rd party ore in the process of finalisation"

21/04/17 "Historic Toll Treatment Agreement signed for supply of 3rd party gold ore to Maximus’s newly refurbished Burbanks gold mill in WA’s Eastern Goldfields"

21/04/17 "Delivery of first ore expected on the RoM pad late in H1 2017"

21/04/17 "This cornerstone Toll Treatment Agreement will enable Maximus’ wholly owned subsidiary, Eastern Goldfields Milling Services, to commence processing gold ore from July 2017."

21/04/17 "Completion of the refurbishment program in now expected in April, with Toll milling to commence shortly thereafter"

15/05/17 "The Burbanks plant has a capacity of 180,000 tonnes per annum and is currently undergoing refurbishment, with the expected completion imminent."

So if the completion of the refurb is indeed imminent then i see no reason why they cant start processing ore from July 2017 as per above statements. The 3-12 months refers to multiple agreements coming online over that period. I agree that the wording of the statement implies that it could take up to 12 months to commence processing which would indeed be shite.