Publication of such a report strikes me as positive in itself:...

Publication of such a report strikes me as positive in itself: the company believes it has something to crow about.

okay, they cherry-picked the month, though it is the latest completed period, and excluded The cost of decline development and exploration, which would add to costs.

and, when they talk of a “strong uplift in revenues” from A1 mine in June, it’s reasonable to presume April and May were way less than stellar.

but, the strong performance continued into July and if ore grade is indeed king, then the average through June of 9.55 g/t is a high figure i’d like to see a lot more of. My understanding of the economics of u/g gold mining is limited but 9.55 g/t ore feed is the sort of number around which a commercial operation could be built.

the KAU statement is one of the first signs A1 mine could meet the expectations of shareholders following its change to producer status from explorer last year. Lucky for holders given the lack of news about exploration in NSW.

I doubt we’re out of the woods yet though. The quarterly report due by end July and the annual report by end August likely will further erode confidence as they show the high costs of rejuvenating A1.

the June gold production report shows holders a glimpse of the upside and i like that.