There will be no great surprises in the March quarterly Troyus.
Insto investors understand that OBM are currently stockpiling an additional ~300,000 tonnes of lower grade open cut material for blending and processing later in the year, whilst decline 2 is being built
The cost of that ~300,000 tonne stockpile will be included in the March AISC, but we will also see the start of contributions of some high grade stoping that starts in coming days.
OBM is now cashed up and bullet proof, particularly with the Wesfarmers money also coming in late April
Give some thought to what the profit per ounce is going to look like between June-Dec 24 (when gold prices may be much higher) as the mining cost of that stockpile will have already been expensed.
Some of us are prepared to learn and understand how a transition of this nature is professionally undertaken
You are just a hopeless dreamer thinking OBM is ever going back below 22 again … imho
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Price($) | Vol. | No. |
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