Ann: Change in substantial holding-RED.AX, page-25

Yes NWL, I'm aiming for the top. I'll be happy with 12,000 oz. I would like to think that the shutdown was to prepare the plant for sustained long term nameplate production. Again I would like to think that they would have got the plant operating at full capacity (90,000 t per month) as soon as they could after the maintenance period. If so, 16,000 oz is achievable. Weather not a problem, ore coming from stage 2 and stage 3 (in good quantities), grade and tonnage consistently exceeding the block model, bulk of remedial work finished. Every thing is pointing in the right direction, Red has to flick the GO switch sometime. I hope they already have done so.