Talk about walking quietly but carrying a big stick! .
Well exceeded expectations!
"FY17 Gross Profit of $177 Million Outstanding financial performance
Full Year Gold Dividend to be announced 24 August 2017
FY17 Highlights
Gross profit from operations up 6% to A$177 million (FY16: A$167M).
Revenue from gold and silver sales of A$541 million (FY16: A$555M).
Net profit before tax of A$136 million (FY16: A$201M).
FY17 gold production of 329,834 ounces at an AISC of A$1,132 per ounce (US$853 per ounce) significantly better than original cost guidance of A$1,280 per ounce and revised guidance of A$1,150 per ounce.
Average gold price received of A$1,717 per ounce from total FY17 gold sales of 317,242 ounces.
Cash, bullion and listed investments increased 184% to A$290 million (US$223M) as at 30 June 2017. FY18 gold production guidance set at 300,000 ounces at an AISC of A$1,280 per ounce (US$960 per ounce).
Final Audited Accounts and Final Dividend Announcement expected to be released on 24 August 2017."
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- Ann: FY17 Unaudited Financial Results
Ann: FY17 Unaudited Financial Results, page-5
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