Ann: Ceasing to be a substantial holder from EGS, page-40

Wonder which neighbor will be keen to gobble us up once we hit 1M ounces by end of year?

We're surrounded by many BIG players.  We're a stones throw away from many established processing plants.  Seems like T&A fever

Things to look forward to (and to refresh ppl's minds):
- Updated resource estimate due in Q4 2018 for Anthill
- Anthill scoping study in the Q1 2019
- Decision to mine Goongarrie Lady Q4 2018 (?)
- Follow-up drilling at Crake Q3 2018 and first results expected December 2018


Goongarrie Lady
The Goongarrie Lady project is expected to generate $5.7 million in free cash flow in seven months at A$1,700 per ounce gold price.

Intermin has envisaged an open pit mine design producing 135,000 tonnes at a fully diluted grade of 2.94 g/t gold for 12,700 ounces over the 7-month mine life.

Anthill
Anthill currently sitting at 78k oz...will IRC manage to get 100k ounces by end of year?

The current resource at Anthill stands at 1.42 million tonnes at 1.72 g/t gold for 78,000 ounces of gold at a 1 g/t gold cut-off grade.