where the hell is the asx ...?, page-6

Already announced January production will be lower than December due to lower grade processing - shall we say 180koz.

Already announced Ball Mill out of play for 1/4 of Feb - so at nameplate production we're at 150koz.

Would be nice to cherry pick individual weeks, but after nearly falling over themselves to announce 125koz in first 12 days of December, they went very quiet and waited until last day of Jan to announce remaining 19 days of December only produced 80koz (a quarterly run-rate of under 480koz). So think its dangerous to forecast anything more than 200koz for March.

So realistically we're looking at 530koz for quarter.

Lets say AU$23/oz = $12,190,000. So a cashfllow negative quarter coming up.

And that's assuming no unforeseen problems (eg longer than expected ball mill down time).

And that's forgetting that the debt repayment is due in the middle of the quarter.