Ann: Change in substantial holding, page-22

I thought the substance was in the reports.
I hadnt realised it was so hard to understand.
I am not interested in ore mined and grade.
I am interested in ounces of gold.
Something you missed.

Most gold mines have stockpiled ore to blend
To keep an average grade going through the mill.
Some even have higher grade stockpiled ore to blend
with lower Grade freshly mined ore.
So how much ore mined doesnt have a bearing
On how many oz produced in a given quarter.
It is the grade milled that produces oz of gold
Last quarter was to be stoping ore stockpiled ore
and cave ore. The sept report is pretty clear
That the fresh ore being added to stockpiled ore
would improve the amount of gold produced....yet it didnt.

Did you stumble across much cash has gone and
How much debt is added over the last 4 quarters.
When is the improvement to come?
Will holders still be happy with under 25k oz
From the sulphide plant this quarter?

The only reason for 73k oz was the oxide plant.
Producing a record amount of gold
Because of higher grades being fed to plant
... which is quite usual when opening a new pit.
I doubt the Dec quarter will be repeated.

Cheers