Ann: Trading Halt, page-89

Some calcs using a recovery of 92%, 1mtpa and 1.5mtpa and 8g/t head grade produces annual production of 235k Oz and 355k Oz pa or 295k Oz pa for mill through put of 1.25 Mtpa. These figures obviously exclude other deposits. My view is the throughput of the mill will end up depending on ow much other gold they find from drilling Freak, WW, 4P in the next 6 months and also the potential additional resources they think may be available to find in mid-2025. For example if they end up with close to 4m oz by mid year 2025 and it is clear they will end up with significantly over 5m Oz over time then I suspect they will go for higher mill throughput ie 1.5mtpa but if they only add another say 300k Oz to 400k Oz by mid-2025 I suspect they will go for a mill throughput of closer to 1 Mtpa. Simon wants a minimum 10 year mine life and there is no point in running the mill at 1.5mtpa with a 7 year mine life..