Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-47

Hi @hoodle Great post, thanks.

First, I'm not concerned by the dip in gold miners, this stuff happens when the overall landscape changes, ie Trump's back.
It will correct itself, but even if physical falls below AUD 4000 the miners with low AISC will be in clover.

So again, thanks for posting the table showing VTX AISC - however I thought I should come on board to remind holders that the table you posted is from the PFS, and rules state that only indicated resource numbers can be used, and only where mining permissions are fully granted - the consequences are that only 50 k ozs or the total 500 k oz MRE can be used in a PFS.

Very conservative, of course, so banks will know they will get their money back LOL.

So for completion here is the full MRE as it stands today, no doubt the UG drill rig will soon bring the numbers up to the magic millions number, and far beyond IMO.



And here is the explanation that only 50 k oz is used in the PFS Model.
Which, of course gives a proper indication of the situation when all the exploration and infill resource drilling is done.