Thats a great point you make, when those stockpile ounces are eventually processed the cash balance will be turbo boosted won’t it. basically only the processing cost at that point, but full revenue on those ounces.
I counted another ~$20M this quarter for building further stockpiles. I guess they won’t get processed until after the plant expansion, so FY24&25? then it’s money for jam.
After the plant expansion I figure the AISC will be lower overall due to lower unit costs for processing and all else being the same, unit mining costs will be the same because we’re already mining those tonnes. We’re already making $850/oz margin on an awful alot of ounces!
Lot’s to look forward to.
Thats a great point you make, when those stockpile ounces are...
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