This is HC, those who are inclined that way will always find a negative.
If they can maintain their cost guidance for FY25 it will indicate lower cost over the next two quarters which is good in a rising price environment. Its Winter and the ROM stockpile is being replenished so not expecting anything special, its more about, recovery rates , plant utilisation and how they see things going forward.
looking forward to steady state and optimised inventories, when more consistent cost figures can be obtained. The last of Flow through funds expenditure will show up in cash held but that's now behind us so won't distort future quarterlies. The other potential impact will be pre payments and how they play out this time around.
Cheers Whisky
SYA Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
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