After a quick read...
It was a good quarter overall. Yes, production was lower, but... with reasons that as it would seem, are short term.
Exploration seems to be continuing to prove up Mt Magnet's got more hidden beneath it, though the rest of its assets are less exciting.
RMS has to make a decisiion on Stage 3 at Edna May soon, otherwise... I struggle to understand where the baseload ore for the plant will be in the years to come.
Bartus looks to be like a nice big open pit in the making, but... the statements in the Q are not giving much away.
Much bigger quarterly coming up, with as others mention, lots of bullion to be sold ($25m+), so the AISC is going to be a lot lower, and the cash will actually increase (they did increase by $200k....).
The $100m debt facility is still on stand by too.
A sort of meh quarter, but... lots of moving parts and progress on many front.
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- Ann: March 2022 Quarterly Rpt Guidance Mt Magnet Rebecca update
Ann: March 2022 Quarterly Rpt Guidance Mt Magnet Rebecca update, page-5
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