Good results considering average of $1,548 (due to retired hedging). The current aud POG is $1,763.
1/4 of this years ounces hedged at average price of $1,703, + 3/4 at spot price (currently $1,763).
That's an average of $1,748 oz. $200 more than last fin year. If AISC stays the same, for 85,000 ounces that's an extra $17,000,000 all of which is profit.
Good results considering average of $1,548 (due to retired...
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