Quick Peer Comparison Going into 2019, page-10

Thanks for that summation El Jefe, I suppose one factor that A40 must address is mine life and I'm sure they will do their best to expand the resource. I hold A40, AJM and PLS. When I bought into TAW it was partly because of the stockpiled fines narrative. Hopefully with the merger behind us we are moving into a new year of positive announcements from A40 and even more hopefully a significant rerate in our SP. Look at PLS today, which has only been announcing good news, yet its share price continues to decline.