Agree on future AISC of circa $1200. Takeaway from this very positive Qtrly.......
< 1.505 million tonnes in stockpile at say 0.9 g/t equals value of circa $10 million (at 31/3/24 gold price of circa $2200)
< Additional haul trucks arriving in Q2 2024
< Crusher upgrade to 5.5 MTPA by end of the year
<Average gold price received in March Qtr.$2054 vs $2070 today.
< All of the above point to increased cash cow later in 2024
< Mention of interim dividend !
Happy days except for Zhaojin and their legal fees.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8
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