SUM 2.70% 18.0¢ summit minerals limited

Ann: Tembang Production Update-SUM.AX, page-3

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    Taken from March ann:

    Outlook - Underground production levels expected to increase as additional levels are reached. Underground productivity continued to improve subsequent to quarter end - Underground mine plans being revised for change to conventional top-down long hole stoping mining method rather than bottom-up Avoca method resulting in earlier access to high grade stope areas - Expected production of at least 35,000 oz AuEq during 2016 with the second half of 2016 consistent with an annual production rate of 40,000 to 50,000 oz AuEq per annum

    Seems like a decent punt...
 
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