I NTE RIM RE SU L T S FY20 2 0 T w o Riv er s Split r ee f m inin g im p ac t ed m ill gr ad e an d p lan t r ec ov eries w er e lo w d u e t o c h an g ed m ine r alo gy N e w r eag en ts in tr odu c ed in an e f f or t t o im p r ov e r ec ov eries T en d er p r oce ss h as b ee n init ia t ed f or th e c onc en tr a t or e xpan sio n p r oj ec t C os t optim iz a tion init ia tiv es ide n tified t o r ed u c e c os t ov erru n s 19 De scr i pt i on H1 FY 2020 H1 F Y20 19 V a r R e mar k s T on n es milled kt 1 64 6 1 66 7 1 Th e millin g of h ar d er ma t er ial slow ed d own t h e millin g p r ocess 6E h ea d gr ad e g t 345 35 3 2 Sp lit r ee f an d ad d it ional d ev elo p ment 6E in c on c en t r a t e k o z 138 161 14 R ed u c ed p lan t r ec ov eries d u e t o mine r alogic al c h alle n g es an d low er gr ad e C ash c os t Rm 1 32 9 1 24 4 7 In lin e w it h in f la t ion C os t p er 6E ou n c e R oz 9 61 6 7 72 7 24 Low er p r od u c t ion an d min in g in f la t ion C ap it al e x p en d it u r e Rm 391 247 58 D ee p en in g of t h e main d eclin e R 17 m M ain d eclin e d ev elo p ment f lee t 25 m Gr ou n d w or k s f or TS F R 43 m Fr ee c ash f low Rm 154 64 1 00 H igh er r an d b ask e t 179 170 161 152 138 H1 H2 H1 H2 H1 FY 201 8 FY 201 9 FY 202 0 PR ODU C TIO N 000 o z 6E in con c 6 855 6 685 7 727 8 568 9 616 H1 H2 H1 H2 H1 FY 201 8 FY 201 9 FY 202 0 Roz 6E C OS T S 71 313 64 381 154 H1 H2 H1 H2 H1 FY 201 8 FY 201 9 FY 202 0 Rm FR EE CASH FL O W C o n c e n tr a to r r e c o v e r i e s Q1 Q2 H1 P lan 6 7 1 8 0 4 738 8 4 6