Breakout at 2.6c.. SOON !!, page-17

IOP 70UST = AUS$89.8T

Q2 AUS69 - 66 = +$3T
Q3 AUS 72 - 63 = +$9T due out in weeks
Q4 AUS 75 - 62 = +$13T now
x15MTpa =
Q2 =+$45Mpa
Q3 = +$135Mpa
Q4 = +$195Mpa

realised COP was 66 in Q2
this should reduce due to lower expenses, lower contractor costs lower oilP/DieselP & larger road trains & lower port/govt charges/royalties

Likely they are loading up right now on hedging contract fixed price at US$70 maybe even 50% of all production way up from the prior ~US$50.

Lower debt, higher income, creditor support, creditors taking unsecured shares, rising margins, rising IOP, rising free cashflow, lowering costs, better covenant terms with NO 2-1 default limits =
a winning formula.

$50M MC v prior MC of $1,300M...remarkable.
higher margins, higher record production, lower debt now...remarkable discrepancy.

Wasnt AGO supposed to have gone bust by now?
Wrong again.