Outlook for financial year 2018
Group production and cost guidance
- Gold production for the group for the year ended 30 June 2018 is forecast to be in the range of 250,000 to 285,000 ounces at an all-in site cost of US$950/oz to US$1,100/oz;
Not sure if that includes first gold from Sissingue from March quarter? Either way, they can factor in a full year when they get round to forcasting FY19.
Using $1300 POG and ignoring the hedging:
250k x (1300-1100) = US$50m profit worst case
285k x (1300-950) = US$99.75m profit best case
+ any A$POG upside you care to guess.
compared to previous reported loss. I think the SP might go up then!
Ann: Financial Report 30 June 2017, page-5
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