Ann: Quarterly Activities Report, page-2

Wow 55-60% recoveries in the rougher cells shows the process is working. So many people said this wouldn’t float and they are at 80% plus of design in the first 2 months of plant operation.

Now focus is on cleaning the concentrate to meet final spec and recoveries and clearly need to do more plant modifications but it appears these guys know that they need to do and are on the right track.

Presales and NAB ensure they are funded through this commissioning period and don’t have to go back to market and burn the shorts. Just need time to tick all the boxes in the flow sheet.

View this as a big plus well done.