As I predicted, they gave a very high AISC guidance to shock everyone, then subsequently issue some weasel words about how it might not turn out as bad (in yellow). And that is supposed to make feel investors feel good about the company's future prospects ? What a load of BS.
"Guidance for H1 CY 2023 remains unchanged at 31,000 to 36,000 ounces at A$2,000 to A$2,250 per ounce due to current maximum strip ratios being undertaken in the pit. As the strip ratio decreases to LOM averages combined with the increased milling performance, the Company is targeting an average LOM Open Pit AISC of between A$1,700 to A$1,850 per ounce."
All IMHO, DYOR
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CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
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