ok, they're still alive! Ordinary quarter s they weren't able to...

ok, they're still alive!

Ordinary quarter s they weren't able to source ore from Victory North.

But they'e into that zone now and it sounds like grades are higher than expected....

They milled over 40kt in the quarter and indeed, 4kt in 1 week.

If they can consistently mill 6 g/t ore at 40,000t a qtr...

@90% recoveries = 6945 oz. Or revenue of $11.46m (at 1650/oz).

@45kt throughput, 90% recovery, 6 g/t

7813 oz or revenue of $12.89m.

Cash outflows of $7.5m so POTENTIALLY some very good free cash flow.

Doesn't excuse the poor, poor, poor communication.