best value fundamentaly in Pilgangoora, page-38

Ummm AJM isn't in production..... so no we won't get a similar quarterly.

The Galaxy one is interesting though. They got their production tonneage up. However they achieved that by high grading. The mill feed ore was 1.3% which is way above their average head grade which means using more poor ore in the future. Despite doing this they still only managed 57% recoveries and couldn't produce a 6% concentrate. They made money which is good for holders but I am still far from convinced by that data