Ann: Gruyere PFS - Stage 1 Completed, page-2

Am I missing something?

The PFS Stage 1 is completed yet there are NO details on the economics of the PFS? Yet, at a scoping stage they were able to publish Cash Costs, AISC, Total Revenues, Cash Flows etc but at a higher confidence level of PFS they can't? They conveniently say they are coming later in the Final PFS. Surely indicative numbers to a Scoping Study level of accuracy would suffice to give investors/potential investors some comfort on the progress being made.

I also note the A$ gold price has increased from $1350 in January to $1,400 in the PFS. I would have thought the company would want to be conservative in this market and provide a consistent gold price for comparison of Scoping to PFS and add additional sensitivities at higher gold prices to show upside at current A$ gold prices.

No wonder there is a selloff.