Ann: Presentation to Noosa Mining Conference, page-3

Alex's mic drop at the end was impressive haha, silver results in a few weeks, new acquisition goes through today.

Guys is stage 1 only 13 months? i thought it would be a gradual production start i.e over 2.5 years

High value ‘Starter Pits’: (1)
• ‘S1’ produces 206koz Au & 491koz Ag in ~13 months
• ‘S2’ produces 159koz Au & 432koz Ag in ~14 months
• ‘S1’ yields A$825m free cash in first ~13 months,
paying back up-front capex ~2x during this time
• ‘S1+S2’ yields A$1.3bn free cash in first ~27 months,
paying back up-front capex ~3x during this time