Hi Guys, Note that PRU don't use AISC but a term called "All in...

Hi Guys,

Note that PRU don't use AISC but a term called "All in SITE costs". When you read through the definition (provided by PRU) it includes the on-site capex which, as I would understand it, includes the village relocation costs. Happy to be corrected.



Key difference is the inclusion of "development capital" not just "sustaining capital" as with AISC.

I thought the announcement was positive in that the mining has caught up to schedule despite the delayed permitting and the issue is that there is too much ore on the ROM to get it all through the mill in time to hit guidance.

Looks like operations are going swimmingly for 2H and plummeting oil is going to help as well. Who knows, we may even see POG do what it should in times of distress ... wouldn't that be novel !!

The announcement read like they were really gutted not to have hit guidance and take it very personally. A good sign from a good management team IMO.

Cheers
John