Ann: Tietto Delivers Record Quarterly Gold Production of 37,111oz, page-5

Very disappointing to say the least. The release of a record quarter is a poor attempt to hide the fact that they have averaged 12,370 ounces per month (remember that dec-23 was over 13.7k ounces).

The report is sparse but the average head grade coming out of the mine is 0.99 gram/tonne (when we need it to be over 1.04g/tonne milled). Remember we are heading into a wet season come July.

I can't see how these guys are going to meet guidance of 170koz this year..