Ann: Quarterly Report March 2015, page-10

I think it was a good report. I think the market was expecting slightly better and I think this would have seen a bit of a push in the share price. Head grade up, recoveries up, mill thru put down. Explanations for lower thru put seem reasonable and management seem to be making the right moves to address the problems at the mine.

This qtr will be affected by the remaining work to be carried out on the mill, but with the new leach tanks coming online and the work to the L8 shaft finished there are a number of reasons to expect things to improve over the coming qtrs.