LGL lynch group holdings limited

Once production at Lihir Island re-commences and if the PoG...

  1. 560 Posts.
    Once production at Lihir Island re-commences and if the PoG holds, looks like 2009 will be a bright year for Lihir.

    - Quarterly gold production (record) = 315,484 up from 250,110 from the Sept Quarter (for a full year production increase of 26% from 2007)
    - Production expected to increse to 1m oz in 2009
    - Cash costs down to $353/oz from $412/oz (-14%); for an overall cash cost for 2008 of $400/oz (+33% from 2007)
    - Equigold mine production encouraging
    - Million ounce plant upgrade for Lihir Island is on schedule
    - Ballarat production well below expectations
    - Bonriko ore grade well above plan at 2.28g/t
    - Average Cash price $/oz = 792 down from 847 in the Sept quarter (-7%)
    - Remainder of the hedge book = 115,797 oz to be delivered quarterly at A$600 over the period to Sept 2010.

    Based on a quick read of the quarterly.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.80
Change
0.000(0.00%)
Mkt cap ! $219.1M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 5714 $1.75
 

Sellers (Offers)

Price($) Vol. No.
$1.81 12500 1
View Market Depth
Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
LGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.