KCN 0.74% $1.37 kingsgate consolidated limited.

I really don't think there's going to be any problems with AISC...

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  1. 10,747 Posts.
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    I really don't think there's going to be any problems with AISC going forward - not much use in looking at FY24 financials as the whole year has to be counted as a start-up year. FY25 will be the litmus test and if they produce close to 120k ozs of gold then AISC/oz will be OK especially if they get some royalty relief shortly. AISC will include the lease payments for the CAT equipment and drilling rigs but they're paying the majority of that back over 48 months so the monthly payments will be less than $2mil.
    I have previously worked it out at around US$1200(A$1820)/oz based on 120k ozs produced and that's before any royalty relief.
 
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