Ann: Record FY24 Profit and High Margin Cash Flow into FY25, page-32

With 3 more weeks remaining in this Quarter - I am incredibly optimistic about EVN's financial performance for Q1FY25

- There is a good production momentum from Q4FY24 that Jake's men (& Women) are carrying over to Q1FY25 - I expect them to be strategically somewhere in middle of the guidance to start the year off with style

- Gold prices have been incredibly favourable close to A$3500 which is good 10% above FY24 prices.

- Put these two together and we have potential to make a good start to the year.

- Not long ago EVN did a cap raise at ~3.8, followed by a fall in share price

- Many people including myself took advantage of that and built up a strong position knowing that EVN belongs north of $4 even when Gold was $2000 US and Copper was $4

- At todays prices EVN belongs at $5 - They just have to knock the ball out of the park in FY25 to have a strong re-rate.

- Hit the top end of the guidance in FY25 Jake and we will be $5! with Gold and copper staying where they are.