Ann: Quarterly Activities and Cashflow Reports , page-2

re: Ann: Quarterly Activities and Cashflow Re... well ho hum,,,let's wait for the next quarter.

But digging into this report a little, there are positives.

They lost 60% of their shifts so in the remaining time (40% or 5 weeks) they managed to produce 5,490oz.

Extrapolated over a 13 week period at that run rate they would be coming in at circa. 14,300oz.

Add "Stope production for January to date is the highest yet achieved, while total tonnage trammed from underground is also on track to be close to the best achieved to date. The Company is extremely encouraged that JIC have achieved this level of production in their first full operating month".

Barring any mishaps, they should deliver a production number of at least 15,000oz minimum for March Quarter.