I think the market will be nervous until there is a new guidance given for CY24, and a full explanation. The midpoint for their previous target for CY24 and 25 was 350 koz with no cost guidance. Costs might be guided at, say, AISC 1900 to allow a margin of safety, if the worker shortage is not just expected to impact two quarters. GS had 343 koz at AISC 1672 after the Sep qly.
If manpower stays a problem - then costs will be higher than previously expected. I calced AISC for the Dec q at about 1950, assuming 1655 for the full year.
I think the market will be nervous until there is a new guidance...
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Last
$1.80 |
Change
-0.035(1.91%) |
Mkt cap ! $1.944B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.81 | $1.78 | $6.212M | 3.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 60460 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 44172 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |