Ann: Q1 Conference Call Notification, page-3

This is a first for AIC and AC, a conference call to talk through the quarterly. I think the title is probably wrong. It may start as a quarterly review but its an hour long so i'm guessing the majority will be geared towards the future.....

They need to raise $60m+ at some point for the new plant, possibly more like $100m but still have time on their side on the raise. Their timing last time was beyond impeccable, it was immaculate!

Plus or minus a little on costs, on production or sales tomorrow simply won't move the dial at all. If its been a challenging minus 10%+ from guidance Quarter then we already would have heard.

So this call tomorrow is all about the future. Totally speculating but tomorrow we could hear about;

1) Excellent development M's this quarter setting us up for higher grade and more Lens 6 and Deeps ore for the next year. Stronger quarters ahead.

2) More color on Sandy Creak / Artemis / Roberts.....a pathway to dig not just drill.

3) AND perhaps AC will finally open up about the maths; Eloise and the plant are currently on a run rate of 700k mtpa, Jericho is slated for a minimum of 600mtpa (and i think this is conservative)....and then there's Sandy Creek and everything else....SO simple maths is we need a plant at 1.3mtpa MINIMUM for just Jericho and Eloise....and this excludes Sandy Creek et al. So surely tomorrow AC comes clean and says we are now looking at a 1.4 - 1.6mtpa plant, taking anticipated production in a few years time to between 28 - 35,000 tons of Copper pa. Alternatively are we still looking at only a 1.1mtpa plant because Eloise production is going to fall over the next few years? (maybe this has been talked about previously but i may have missed it)

Anyway, good luck to all, the above is 100% speculation and please dyor. I went over a whole range of AIC announcements earlier today and when read as a whole, particularly regarding exploration, they read incredibly well. It is perhaps a better way to refresh ones head than just adding the most recent into ones memory every few months!