immediate future, page-5

Richter5,

To be honest, we really need to see just how well the mine and new plant settle down into consistent production regarding head grade, recovery and throughput, and also how long it takes to achieve targeted levels.

However, for the record, my current estimates are:-

FY14: Sales of 100-110koz for revenue of c. US$130-135m. Resulting in an estimated NPAT of c. US$80m. At current forex that would be an EPS of c. A$0.44/share.

FY15: Sales of 185-200koz for revenue of c. US$235m and an NPAT of c. US$165m. At 0.89 forex that would equate to an EPS of c. A$0.90/share.

All IMHO of course and subject to vacillations in the gold price/forex/production targets.
CPDLC