Gold Turnaround Story of 2018, page-21

You're right that it should be under $20m and I agree that the debt will come down quicker than estimated by the Company.

I think they might now be under-promising and over-delivering as opposed to doing the opposite in the past.

My numbers are based off the Company's January presentation which was obviously before they smashed the production in January and made $3.3m profit.

"Blackham-smashes-it-at-Wiluna-gold-project"
https://www.businessnews.com.au/article/Blackham-smashes-it-at-Wiluna-gold-project

Cheers,

GB.