loki,
They're not making any profit - they were cashflow negative to the tune of $12m for the quarter, when the POG in $A was the highest ever. Tread very carefully, IMO and don't look for the bright side here, if you value you $.
There are plenty of other gold producers around who make money at these gold prices. IMO, it's very dangerous to wed yourself to a company which must rank among Australia's (if not the world's) highest cost producers, simply on the hope that they will come good.
lift, page-40
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