Dec22 quarter predictions, page-111

Miningnut

Zinc was the best this quarter on your numbers due to Jaguar, while the rest made losses.

Where did you get the AISC guidance from?The quarterly provides history for 1H (listed below), but has na for AISC guidance.

Using your AISC guidance numbers (and using current prices, ignoring hedging) I get:

Actual AISC 1H Your AISC annual guidance Current metal price

Tritton $A6.18 $A5.31 $A5.84
Cracow $A2475 $A2243 $A2732
Jaguar $A1.55 $A2.31 $A2.36
Mt Colin $A4.79 $A3.20 $A5.84

That suggests the best payoff at current prices will be in gold and copper.

I am puzzled by your Jaguar AISC guidance, which shows a jump on what was achieved in 1H. Jaguar would be profitable at the 1H AISC, but not in the 2H if your guidance number is right. Have I stuffed up somehow?

All the others show an improvement in AISC and so profits at current prices, particularly Mt Colin.