Hi guys,
A few things i am expecting from quarterly which should be bullish IMO are:
- production forecast upgrade to between 220-240k ounces
- AISC for the quarter of under $1200AUD
- production for the quarter of around 62000 ounces
- Mount Monger AISC of under $1000AUD per ounce
A few probable/possible negatives are:
- Murch still being cash negative
- Debt not being wiped out as early as expected
- Cost overun on there new gas plant combined with lower than expected savings because of higher input prices(gas prices)
Some key things i will be looking for will be any expected improvement left from Murch including a margin range on what they would call acceptable going forward.
Projected date for clearance of all debt (including stamp duty on IGR transaction which some people have mentioned previously) and clear confirmation that there will NOT be a dividend this financial year(and next woud be good).
Also confirmation that at over $1350AUD gold they are still planning to move forward as cash allows on increasing production, $1350AUD has been called a line in the sand and i would like clarification on weather that line in the sand includes further production increases in 2015&2016
(i believe this line in the sand statement has been taken as a line of survival rather than expansion).
Ps: This is not advice, just putting my beliefs from my own research out there DYOR and good luck!
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