Ann: A$30m Placement to Advance Sand King Underground, page-27

Dear zog

I am looking at the OBM picture in 12 months, and you are looking at the picture in 3/4 months

in June 24, the plant capacity will be upgraded to ~1.4 mtpa with 2 new motors

in earlier posts, I have explained why I think the underground ores are likely to yield higher than reserve grade of 4.3 g/t

By June 24 the Riverina underground will be in full flight feeding ore at the rate of 600,000 tpa x 4.3g/t + some stockpiled blended material to keep the plant ticking over nicely

By Dec 24, I expect 2 underground’s to be supplying ore at a rate of up to 600,000 tpa each at grades of 4.3 g/t +

You can stick with the conservative 110,000 ounces rate outlook, and I’ll stay more optimistic at a 150,000 plus ounces rate in Dec 24.