Ann: Matilda/Wiluna Production Update, page-25

Why is the head grade so low? It's a concern going forward.

I can understand that you need to move a lot of dirt to get to the higher grade open pit resource in both pits. However I thought they were past that stage by now... In which case is the real grade lower than expected? Or is this just the impact of the rains which means they're being forced to chew through the low grade stockpiles until conditions improve.

I hope there is more detail on the expected head grade in the quarterly. I'm glad they've been more conservative with the underground but we would also like to see a pathway to higher tonnages there.