Ann: Australian Gold Conference Presentation, page-9

Its is clearer however the real Q around timing of Newell Hwy capital works (and I assume Kyalte Rd is related) is still a little in the air is it not?

They say started hwy this current Q3, but thats all the prelim stuff isnt it?, they have not 100% confirmed on the big spend items yet.

I'm not sure whether this slide is saying - we are definetly all steam ahead for the Hwy work or its saying we will continue will the prelims and make a decision in 3 months. Perhaps its along the lines as explained by Nic in an interview where he said words to the effect "we are working on the provisio it will all proceed, but we will re-assess and press the button at the last offical moment i.e. offical FID".

I think some others have commented that if Rosewell underground can provide enough qulaity feed, and reliable feed (as in it can rely on it for 2-3years), then it may be better to delay the hwy relocation, build up the cash and then dive in. I am not adverse to this option, and in fact on the face of it, sounds the better option.