Ann: Wickepin Kaolin Project Ore Reserve More then Doubles, page-14

The way I look at it, Management seems to imply that for July-Sep and Oct-Dec quarters, WAK is going to produce roughly what it produced in the April-June quarter, about 2,000 tonnes, to make CY23 look something like 1254 + 2089 + 1988.5 +1988.5 = 7320. This seems wrong. If one has a nameplate capacity of 200.000mtpa, that is 50,000 tomes a quarter, but if WAK is working four days a week, that is roughly 28,570 a quarter. Four days a week could mean Monday to Wednesday for 24 hours, and Thursday for 8 hours, so the calculation would be 50,000 *80/168 = 23,810 a quarter. If WAK in reality works 8 hors a day for 4 days, the calculation would be 50,000 x 32/168 = 9,520 a quarter.

I'll look at this again today, but if I have not made a huge error, it gives me the excuse I have been looking for to contact Andrew Sorensen for clarification on what he means by 24 hours a day. I like to have a strong reason to contact Andrew.