Ann: Activity Report for Quarter Ended 31 December 2021, page-5

Lachlan in a * interview said that once the machine was in deep enough to support itself off the roof on the decline which is the way it is designed to operate in achieved 3m in a shift.

If it operates two shifts a day it could achieve six or get up to name plate of 7 m so about 70 or 80 days to go.

I liked to hear talk about

*bringing additional work areas within the permitted mining lease into the early stages of mining at Kanmantoo;
*Reducing unit operating costs with additional annual throughput through utilising the latent capacity in the processing facility, which only operates for approximately 40% of the time under the Stage 1 plan; and
*Assessing the optimal cut off grade to also better utilise the existing mill capacity.