Bit of a meh report. Production marginally ahead of last quarter which is disappointing because they had a litany of issues last quarter although the problems with rain seems to have persisted.
However, medium term things are looking good. Bluebird and Big Bell expanding, Great Fingall developing, Fender at commercial production, high CAPEX being absorbed while cash increases. AUD gold up $200 currently on last quarters received prices. The end result should be for calendar year 2025 that CAPEX will be done, production will be increased, existing mines optimised, new mine on board (GF) and profits should expand hugely. Ideally AUD gold price over $4k.
Ann: June 24 Quarterly Results, page-7
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