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Alvie

01/22/20 3:19 PM

#1775 RE: wshaw14 #1774

Always nice to have a bit of history but would have liked more info on current production.

Slide 31 shows they have produced 786,664 oz gold through 3rd Q 2019 (avg of 87,407/Q) but no info on 4th Q.

Also, they expect to hit the 1 MM oz mark in 2020.

Actually, they would hit the 1MM mark in the 2Q of 2020 if they produced at the average of the last 9 quarters for the 4thQ 2019 plus 1st two Q's of 2020. To hit the 1MM oz mark by mid-year would only require some 71,000 per quarter.

Seems they could have said they expected to hit the 1MM oz mark before mid-2020 which would have been a more positive statement.

JMO