One thing I will say, not in defense of management because they have been hopeless, and I will be voting at least 2 of them out regardless. However, some assets you speak of which may have not previously been economical in the 2023 FY, are now extremely profitable with the gold price in aud rising considerably since then, especially in the last 3-4 months. So that can change the wording within announcements over time. It is by no means any defense for management, but we have to be realistic here that every one of our assets in the current record gold pricing conditions are going to generate significant profits, even if the AISC are high and in the low $2000aud range. We now know there are profit margins of $1200-1500aud per ounce which is frankly unbelievable. If usd rises to around $3000usd which I expect as geopolitical issues escalate prior to the November US election then it could potentially be even better by then! If FMR keep their word and toll milling commences in the next couple of months then any financial issues should start reduce and we will pay back debts very quicky. I hope management can avoid any more divestments of our gold tenures because I am sure there are some big gold deposits amongst them, this is a huge landholding in prime gold country so it would be best if we can keep hold of them, even if the rent and admin fees are high. We just need to be producing in order for these costs to be manageable and cashflow should then cover it.
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