Ann: Media Release - Quarterly Activities Report , page-29

re: Ann: Media Release - Quarterly Activities... Worzel
I see where you are coming from and you're spot on.
Lower december qtr production is more likely to be from running some lower grades and using festivities as cover.

In saying this we need to cut them some slack. (Only some mind you)

Ramping up is never perfect. Often there is a combination of enthusiastic mgt and some slippage in execution.

What mattered to me was momentum.
Solid improvement in production with costs contained against a stronger rand.