Ann: Quarterly Activities and Cashflow Report, page-169

They had an "earnings surprise" then.

could u pls explain your assumptions:

1) why Freight Q3 is almost double than Q2...

2) discount is very similar Q1, Q2, and Q3..... I think this should be price dependant ( in fact your Q1 is even higher...?)

3) suggests use 30% grade next forecast

4) I guess haulage costs are higher on the basis of inconsistent deliveries. The truck allocation might be all over the show.

5) mine gate was higher in Q3. What production volume did u assume? Can you add production volume in your next forecast?