Will have to wait to see exactly why aisc have risen but the company should be doing everything it can to keep costs down. Miners have a really poor reputation for spending like drunken sailors in the good times which causes them, and in turn shareholders, big problems when there a downturn. This is a big reason why investors are reluctant to buy in. They, including me, have usually been caught before.
Apart from that there are positives in the announcement.
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