Ann: Quarterly Activities Report , page-2

Good work on getting the qtrly out this morning.

No news about the NSW bushfires so I gather they haven't impacted Wonnawinta at present, although with 46deg's over the weekend in Cobar it's hard to see how that couldn't?

My initital immpression. The results are a little confusing, but not as bad as they could have been after the Nov bombshell.

Grades of 93grams/tonne in Dec is great, but what does the 81% recovery mean?

177k of ore processed for the qtr isn't far short of the 200k they are targeting (800pa). But they only produced 277k (ounces) from that ore. That is a long way short of the 625k (ounces) they need to hit for their annual 2.5mil (ounce) target, obviously the poor grades in Oct/Nov had something to do with that.

I think there 2.5mil (ounce) Per annum target is still a way off from materialising, if it does at all.