Observations:Firstly ASX is a sleep at the wheel, these results were obvious from the 13/9/23 Presentation Release which outlined a material improvement in both production and costs in both Henty (30K) and Plutonic (70k) to 100,000 oz at a minimum profit of AUD$450 per oz. It should have been marked 'price sensitive' with more detailed information justifying the improvements. Secondly, congratulations to James and the team as Plutonic looks set to average 80K to 100K oz per annum before Trident kicks in. Thirdly compassion to the old SGI shareholders as it is a significant turnaround (less than 3 months since T/O) which highlights the complete incompetence of the previous SGI management - 'oh what could have been!'
Regardless not complaining ..onwards and upwards CYL!
Ann: Improved operating results at Plutonic mine, page-5
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