Ann: September Quarterly Activities Report, page-2

  1. 150 Posts.
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    Pretty faultless quarterly from first glance.

    3 big take outs for me;

    1) Page 7 there's a short bit on the new plant design and scalability due to 'higher possible' through put. ie for me they are trying to work out how they can scale up to 25/30,000mtpa without having to go straight there with big $$$ expense.

    2) Exploration, much bigger emphasis which is great. AND we are now waiting on 3 holes at Sandy Creek which have all hit mineralization, being released in November....can't wait, could be a real gamechanger.

    3) Higher production and grade coming this quarter. Sold CU last quarter at an average of AUD$6.02....So far this quarter CU has an average of $6.71.

    Good luck to all.
 
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