Ann: Appendix 4E & 2018 Annual Report, page-2

All in all they have delivered in the large part on what they said they would do despite having to overcome problems along the way. It also accords with what various posters have been saying which is a pat on the back for us.
 
The price of CU and the extra gold are combining to compensate us for the normal shite that occurs because of the uncertainty of mining. Just imagine if there is a whole year of selling into CU prices over US $3.00 per pond.

Note the following augers well given the procrastination on the PHES

"However, the change in the final pit wall design may enable an opportunity to exploit a number of the Cu-Au zones through an underground mining operation before any PHES agreement is closed. This possibility is being investigated."

Also on the PHES

"The Company evaluated these bids against the potential returns from an underground development. If this transaction were to proceed, the inferred resource and the exploration targets that sit directly below the final pit footprint would be sterilised, meaning that mining of this resource would only be possible before commencement of the construction of the PHES facility.The PHES bid process was completed as planned and a preferred bidder has been selected. Negotiations have progressed well but are incomplete at the date of this report. "

To me this augers well for a good number for the PHES sale