I hope that proves the case, but... I am still slightly hesitant...

I hope that proves the case, but... I am still slightly hesitant about the current quarter and perhaps more importantly, what the forward mine plan is with the cost escalation to develop and get access to the open pits. The MD and the board had better be working furiously in the background to ensure that their excellent track record of meeting/beating guidance is not blemished, though even more importantly, is ALK production profile going to stay around 80k p.a versus the 100k p.a planned with the open pits basically deferred? Is ALK able to further ramp up U/G production to mitigate or even replace the open pits?
Or are there other options, like higher grading the current ore but not increasing throughput as much?



Having another brief look at the recent quarterlies, ALK has produced for FY24
Q1- 15,855 Sold - 16,090
Q2- 13,182 Sold - 14,507 (running total produced - 29,037)
Q3 - est 15,480
Q4 - est 15,480 (though from announcements, we are likely to see a higher production in Q4 versus Q3).
Could be 12k for Q3 and 18k for Q4?

Not much to be done about the hedges...
Other than it is one reason why ALK is not rising like many other goldies... the bigger the hedge, the less difference the spot price makes (obvious, but I think a few posters on these threads are not fully cognizant of that).

The increasing spot price is going to be a nice buffer either way, especially as production hopefully ramps up in Q4.
I guess I just dislike the uncertainty.