Thanks again Joelstar.Always good to see a different presenter -...

Thanks again Joelstar.
Always good to see a different presenter - CFO perspective.

He says Nic is on a few days leave.
Says they are on target for AISC forecast for the year
Says they are mining Roswell underground now
2 quarters of heavy expenditure ahead with the Capital Projects ($35m Paste Plant, $35m Plant upgrade)
He says - we will draw down $50m debt facility.
Expecting cash neutral Dec Qtr, and cash build begins again in March Qtr next year.
Process plant upgrade increases gold recoveries from ~82% to ~92% - payback about a year at present gold prices

The new bogger - diesel electric - apart from its own efficiency gains it can be remotely operated from the surface.
Says you can make money from 2.4g/t underground, but must be efficient.

Presentation is just over 18 minutes.
15 minutes into it before he starts talking Boda/Kaiser.
Scoping study in next 6-7 weeks - says to keep eyes out for it for costs and revenue models.
1 minute discussion on regional exploration.