Ann: Quarterly Report Q4 June FY20, page-24

I can't believe I forgot to dial into the CC. Sitting here reading the news and Twitter like an idiot. Doh!

Loki - regarding Gwalia, did Jetson talk to the reserve grade and whether or not they've hit lower grade in the qtr (well, obviously they have) and whether or not they think they've got better grades to come? The reason I ask, is that even if they continue these Total Materials Moved numbers with the yet to be fully realized benefits of the ventilation, they should come in under cost guidance when the ventilation waste effort can be diverted to ore mined. And that should be realized this next qtr right?

Seems like he's just dragged FY20 numbers across to FY21 without factoring in any known or probable improvements. So yeah seems like he doesn't want to commit to better numbers but who can blame him after Vassie was downgrading every other month last year.