Under the condition that we can continue to roll forward 3,000 ounces and $3,250 gold price persists, CAI will be cash flow break-even in Q4 FY25 and FY25 - even without refinance.
An earlier comment rightfully mentions a reduction in mining costs at Klondyke (which I overlooked). Mining costs will reduce by $4.5M a quarter.
Ann: Melbourne Mining Club Investor Presentation, page-20
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