Overall PRU delivered good results and Yaoure mine development seems to be going on track.
• Continuous improvement at both operations resulted in a 2.7% increase in
gold production, a decrease in all-in site costs (AISC) of 6.8% and an
increase in notional cashflow of 55.2%, relative to the June 2019 quarter;
• Perseus is on track to achieve unchanged Half Year and full Financial Year
market production and cost guidance.
FY2020
Gold production 260-300k oz
All-In Site Cost (AISC) US$/ounce 800-975
The only thing that could be better is the hedging: Perseus’s total hedged position at the end of the quarter was 267,599 ounces at a weighted average sales price of US$1,327 per ounce.
What's everyone's thoughts about it?
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