Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-172

O GTC61 As you said you were not deliberately making up quotes from me, I will be as genital as possible.

On that bases, you must not have read the complete document because, as per the the below quote from the "Barruecopardo 2024 Ore Reserve Estimate" it includes updates and Year 1 started Jan 1 2024. They are now in year 2.

So do you want to have another go on what the issues are and why production is only 50% of budget???
With the grade falling away how much more needs to go thought the sorters just to maintain the current production???


"10 Update for 2024 Mining
Mine production has been on-going 1st of January 2024 until 31st of August 2024. The base MRE
model being dated 31 December 2023, therefore models and stockpile estimates have been
depleted for the interim activity in 2024, so as to correctly estimate the correct Ore Reserve
remaining as of 31 August 2024.
The phase position has been updated with the surface EXC_Agosto2024_TOTAL_3D.dtm ,
corresponds to the August end of month topographic survey as shown in the Figure 10-1
Figure 10-1 End of month surface, August 2024
During this eight month of operations a total of 4.4Mt of material has been excavated according
to the reserves block model (saloro_202310_res_rot_6x6x5.mdl) to produce 503kt of high-grade
ore and 414kt of low-grade ore. A total of 0.9Mt of ore at an average grade of 0.18% that
contains 162,752 mtu. The material moved during this period is summarized in In Table 10-1.
The mine is slightly initiating the ramp-up to achieve the 1.45Mt of ore during 2024. As can be
seen the mine is slightly down on the annual physical plan on a year-to-date basis by the end of
May. However, this under achievement of plan is not considered material in terms of the LOM
plan supporting this ORE. The monthly targets for the remainder of 2024 (corresponding to the
Barruecopardo 2024 Ore Reserve Estimate
10-2 | Barruecopardo W Mine Doc. No. SLO_ORE_24 1 0
months from the month 9 to the month 12 of the year 1 of the LOM Plan) have been slightly
increased to regain this deficient, such that the end of year position is achieved."