Ann: Operations Update and FY19 Guidance, page-125

please don’t bring moderators into this debate ...

“Given the grades, recovery and strip ratio for the quarter and the dam lift, I expected far higher AISC based on past models” ... “this quarterly definately shows a step in the right direction if you model it against all other data” ...

and how could anyone from the outside even predict all the above variables would have impacted this quarterly so badly unless!! .. you had access to the Hartley’s (monthly &) Qrtly financial model for 2018 / 19 ...

nothing is a surprise anymore

as a moderator with a previous vested interest ... pls don’t venture into the discussion on an announcement date