Ann: Response to ASX Aware Query, page-46

Some quick back of envelope figures for thought:

13 300 ounces mine (new guidance)
17-20 000 ounces (prior guidance)
Difference of 3 700 - 6 700 respectively

Working on $1 800 USD p/o:

- 3 700 x 1 800 = $6.66 million USD
- 6 700 x 1800 = $12.06 million USD

Sale of LLL units = $12.9 million USD

Based on these figures, there's now no requirement for a CR otherwise their claim that the production shortfall is responsible for the TH is shot to crap.

Feel free to add/correct me.

Cheers

All IMO, DYOR