Ann: Kal East - Excellent Progress on all Fronts, page-42

I don’t think people realise just how quickly bc8 will accumulate cash with these margins and increasing production rates. Bc8 has access to deal flow and money now. This is how you get scale. There will be stranded assets out there that will either need to toll treat somewhere or sell. Owners of some assets still won’t be able to raise money to build a plant without the right management, and scale etc. They will be sitting around worried about missing out altogether. If bc8 didn’t do a deal, then life goes on. They do have a strong record of doing accretive deals though. Everything remains open at all the major ore bodies and they have excess capacity in the mills. This should be a cracker second half. 2026 is going to be epic imo. They are now drilling at both mines, so expect ongoing drilling results for years imo. Gold just broke $3400. Should have another up day. I’m looking for us to break through the magic dollar next week. Dyor