Ann: Kanmantoo Delivers Another Strong Month of Production, page-3

Good to see copper production up over 1000 tonnes for the month. Especially as copper grade processed is still low at 0.85%. Was expecting the grade to be a little higher this month. Bodes well for the future as long as they can get the grades back up around 1% where they were in Jan quarter. Had a talk to Bob at Rising Stars in Adelaide and came away confident that he is a very capable miner with a good plan to bring down production costs especially when Nugent comes on line. So far they are delivering very well on this as shown by a steady increase in development meters, copper mined, processed and recovered over the last year.