Ann: June 2021 Quarterly Activities and Cashflow Reports, page-2

Excellent report..... given the sharp SP sell off. Completely unfounded selling, in recent times.

NOTE : guidance and cash position.


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Corporate & Finance

• Gold sales of 10,665 oz for the Quarter at an average price of A$2,352 per oz.

• FY21 full year production of 14,726 oz gold


• Cash of $24.22 million, unsold bullion of 857 oz Au with no debt at 30 June 2021.


• The company is forecasting continued ramp-up in July, achieving DFS levels of production from August onwards for budgeted FY22 gold production of 80,866 oz.