Dec quarter at 95,700+ oz and we are in reach of the top end of the guidance of (340,000-370,000 oz at an AISC range of $1,125-$1,195/oz). AISC below A$1,195 would be nice too...
Dec quarter at below 80,700 then we are at risk of missing guidance.
Will be keep an eye on the hedging position and would like to see us chip away at the 438,510 oz hedged at $A1,615. 10,000 oz per quarter was promised in the Sept Quarter. If so that still leaves us 70,700 - 85,700 ounces at current high spot price
I really liked the "Medium term" outlook section last quarter. Let's hope the one tomorrow can further elaborate on the good traction at Rosemount per the 10% lift in production by FY22. Couple this with the strong lift in gold price then I dare say RRL has very good margins moving forward.
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