Ann: FY19 Production and FY20 Guidance, page-13

Digging to earlier presentations last year, the FY19 guidance was...

Total: 300koz for 960usd AISC. Achieved 1090usd in the end of FY20. And this is with the help of Mako bringing the average down at 687usd AISC! And production is missed as well once Mako is backed out of the equation.

Syama: 300koz for 746usd AISC lifecycle. Targeting 260koz for 960usd AISC in FY20. Cost is still approx 30% higher.

Ravenswood was for 115koz at 823usd AISC. Fy20 is targeting for 80koz for 1200usd. Cost is 46% higher still!

Mako achieves 687usd AISC for FY19, why is it getting to 800usd AISC for FY20? Oh.. Grades will be poorer.

What targets have then been achieved by RSG then? What's the point of setting targets and guidance for FY20 when the company's ability to meet targets (not to even mention beating the targets) is called into question? Is there anything that is happening in favour of RSG other than better gold price (which is totally not in RSG control)?