Ann: Response to Media Article, page-15

I reckon you’ve all gone bonkers thinking this Great and Mighty Gold Producer is going under.
It’s onwards and upwards from here.
The quarterly ( in my belief ) will show that January is producing record mill rates at grades of 1 plus and recovery of 92% plus.

They have now forecast 92k to 102k ounces for cy19.
Verses
Prior forecast of 105k to 115k ounces.

So if they achieve the top end of guidance

102 x aud 1790 ( current price ) = 182580

If they achieved bottom end of previous guidance based on the hedged price , which was when the shares were 40 plus cents.
105 x 1715 = 180,075.

The company is more valuable now.

This will be 30 plus cents by end of January ( after quarterly results) and 50 plus cents by end of February after half yearly results which will include a trading update till mid/end February .