Next big target $4000 an ounce, I must assume, page-52

Dear Speculator

I’m thinking we will see the underground at Riverina (alone) delivering gold ~7,000 ounces per month by month of June 24

Add to that the processing of stockpiled lower grade material and you can see where my ~25,000 ounces per quarter can come from soon.

Post June 24, we will have Riverina stoping, plus more low grade to blend with some development ore coming to surface from Sand King.

So, within only months we should be generating gold at the rate of 100,000 ounces pa.

Then, once we have 2 underground’s going (March 25) … assuming av. grade above 4.5 and processing at an av. rate of 1.4 mtpa … you can see where my 200,000 ounces can come from.

maybe a bit clearer in coming weeks with new resource statement on Sand king and FID to start the new development before end July 24.(to complete before Christmas 24)

we only need 3 years of mine life to justify initial development at Sand King and further resources will be established with more cost effective underground drilling later