Ann: Quarterly Activities Report, page-2

Thoughts:
Solid report, everything on track, in fact production ahead of schedule.
105k was produced this time last year (with 10k coming from the now redundant Escarpment)
99k this year from Takitimu + Canterbury, meaning a small increase from 95k.... with costs controlled well (by the sounds of it)
Q4 of last year Takitimu + Canterbury produced a fraction under 74k...
Canterbury on track for 100k production this year (ie 21k in Q4 vs 14k Q4 last year), with this increasing 50% in FY18 to product 150k (fantastic).
Takitimu produced 59k in Q4 last year, and 75k in Q3 last year. There will be a big uplift (say 50%) in production with the Black Diamon Block in FY18. Say Q4 drops similar to the drop last year (21%), Q4 production should be around 55k.
Q4 total production 76k, up on last year, although in total 340k production for the year.

This is about 9% off their forecast for 370k for the year (and below my forecast of 380-385k), so will be interesting to see if they can surprise (as they say production is ahead of schedule...)

First quarter FY18 will likely see a huge jump in production, and SE acquisition... You've got about 2 months to get in!(in my view)