Agree with your sentiments @fitnfam
The deeper I dig into the books the more bullish I get.
There looks like a lot of stockpile write-downs factored into the AISC.
The true cash cost when not factoring in stockpile drawdowns will probably sit somewhere in the vicinity of $100 to $200 per ounce below the FY23 guidance range.
That's a true AISC range of $1,700 to $2,000.
Even if gold dropped another $500 they would remain in solvent.
12 months of OP stockpiles
36 months of developed ore at BB
Ann: Presentation - FY22 Financial Results and FY23 Guidance, page-44
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.94 |
Change
0.020(0.68%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.98 | $2.98 | $2.87 | $18.06M | 6.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38384 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 41607 | 6 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |