I knew you would be first here to sprinkle joy.
The $27.2 was for capital works for Ellensfield South box cut.
"Item 2.1 (c) (“Payments for Property Plant and Equipment”) of $27.2 million relate to mining costs associated with the continuing development of Burton’s Ellensfield South boxcut. It is anticipated that this pit will reach steady-state mining within the June 2024 quarter and mining costs will be classified as operational expenses within item 1.2 (c) (“Payments for Production”). "
They are ahead on capital expenditure by 15%.
"Capital expenditure is forecast to be ~15% above guidance because of continued boxcut capitalisation of Ellensfield South while it ramps towards steady-state mining, which is anticipated to be achieved in the June 2024 quarter."
I knew you would be first here to sprinkle joy.The $27.2 was for...
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