Gold price, page-13234

Hi Sircorp,
According to the last quarter announcement, the company showed ASIC of $1313 for the nine months to September and indicated like you said ASIC for the full year to be $1000 to $1100.
That means the December quarter should have ASIC of around $700
The production as per guidance will be 60,000 oz.
The net profits for the quarter will be around $34 to $36m based on average POG for the quarter.

The company made it clear that access to high grade ores from Tab AB1 and AB2 will increase productivity of the mine for the next nine months and when the plant upgrade is completed mid June next year, a steady high production with continuous positive cash flow will be the future.

9159 liebherr excavator was commissioned late September and that is a key for increase production and for guidance to be achieved.

I believe management is after the big picture and presents BDR as a profitable company and a takeover target. They have done it in the past.

My thoughts,

Cheers,Sydney