super suprised they paid a div building brilliance costs 22,695M...

super suprised they paid a div

building brilliance costs 22,695M - yes production down and costs up

NTA drops 1.57

given yield I guess it should drop but these markets often like to do the opposite to reality

guidance lowered as we know

payment for investment, and then of course they pretend non cash write off, you can see how much was spent this year and last on the acquisition

net debt cash nil

big derivative losses on gold call options

revenue down despite increase in overall gold price in the period.

Need new management imo

Insane to think how much capital has literally been blown up on Atlantic
Gwalia capital spend , plan hasn't been productive

Only good thing I glazed over - was STI awards - zero
dam straight

No provision made for div payable

Outlook and current operations keeps me clear, on yield basis buying today doesnt pay for risk

good luck