dec q reports in, page-4

total shocker - even more than I had expected

still reading but first impression:

Worst Q ever - period

C1 stated cash cost - unsustainable in my opinion - and usually C1 cost is before royalties as well:
Laverton : 1,186
Coolgardie: 1,670 unbelievable- period

(I'd prefer to see cash cost reported as per NST in an "all up total cash cost")

Royalties for Laverton "under accrued" - "select tenements" royalties 267/oz !!

receipts from sales: 69 mill
production cost: 81 mill
forecast prod cost: 61.5 mill Oct Q report

It cost us more to produce than we got for it? and if I read the Laverton royalty business right: if royalties had been paid at the supposed rate Oct Q we would have been negative then already ?

At least they paid out-standing bills and are back on 30 day trade terms.

Let's see what SD will do to get this on the straight and narrow - and boy am I glad they paid 5cps !

Sorry - my first impression only - and to me suggests looking very close at how this is operating and what is actually worth mining (being an armchair report reader looking at financials)

Tomorrow could be "interesting" to say the least.