Denver Webcast now available, page-2

Thanks for the link Dan.

Some takeout points worth noting:

1) Mark seems to think production will be close to 140kozs this year up from 135kozs - not surprising given July and Aug production
2) Vivien orebody is looking more like a 10 g/t resource/reserve not 7.5 g/t - that's exceptional news
3) Mark seems think to think most of the Vivien entire resource will be converted to reserves due to grade and original model being based on $1450 which will give them 4 years mining at least
4) The yellow diamond on page 16 is 100 metres outside the reserve and close to the edge of the resource so the face grade of 27.7g/t is promising for further extensions.
5) The Vivien resource has exceeded grade, extension and width
6) Drilling at Vivien will go down to 700 metres 300 metres below the current resource
7) Kathleen Valley mining will end in December but they still intend to have an exploration focus there - they've pulled $30 million profit out of KV - so that shows managment has a good eye for bargins.
8)They're going to build a new pit at Stellar/Stellar West - doing resource modelling now
9) They are going to spend $15 million on exploration this year - $5 million on the porphyry at MM and $5 million on the BIF's at MM (the rest I guess is on Vivien and Tanami).
10) Mark seems to think the $15 million is more than whats been spent over the last 5 years combined.
11) Relatively small board and lean management structure - pleasant change from some of the bloated boards on the ASX
12) Not shown on the slides is the impact of Vivien and bringing Milky Way forward for the FY2018 which will bring production up to 150,000koz - spec that one's for you
13) An upgraded resource and reserve will come out this week including an initial reserve for Milky Way
14) Results for the new prospect Venus will be available in the next quarterly
15) In the drilling below 40 metres around the satellite pits they are finding extensions of 1.3 to 1.5 g/t which is very workable at current gold prices - read that as you will but clearly looks like they're not going to have any problem increasing resources/mining life.

Good presentation by Mark, but more importantly its the results they are delivering in terms of exceeding production, exploration results, exploration potential and capital management that impress me.

GLTA/IMHO