Ann: Mt Carbine Presentation, page-4

Yes Plonka a pretty good presentation. You could tell Kevin and Tony were more upbeat than in previous sessions which suggests they are very confident in the project, the plant and the geology.

The extra low grade halo looks like adding a year or more to the open pit. This likely to drive the overall cost down and NPV & IRR up at a time where cost inflation is occurring for other. Having a local workforce and not require FIFO work is also another major advantage.

Material is leaving the quarry on a DAILY basis.

I also liked the slide that had 3000 to 8000 tonnes per year. That's a significant amount of production.

The geology is indicating Life of Mine that's 25 years plus not the 12 years in the BFS. Tony seemed to think there could a number of Mt Carbines in the picture.

Can't wait for the upgraded numbers.

Having another nibble, gift horse.