Yes another good announcement. Maybe it had already been priced...

Yes another good announcement. Maybe it had already been priced in somewhat since they had foreshadowed cost savings in a few of the presentations (last quoted estimate was $157M so only an $8M saving on that number).

Still feel like some games being played with the share price here. Hard to get a read on.

Even though I think A$ gold is going higher I wouldn't mind seeing a little bit of hedging for next year to lock in these decent gold prices above A$1700. Even if it was 30% of production, the profits would be enough to pay down a good chunk of the project debt.