Ann: Production Increased, page-6

Great news and a timely statement by KAU.

fiscal 2022-23 is all but finished so we won't see much if any of the impact of the rejuvenating capex at the A1 mine and Maldon mill in this fiscal year's metrics.

with all systems now go, the first quarter of fiscal 2023-24 could well prove to be the turning point in the fortunes of Australia's high grade underground junior gold miner.

with the production target projected to double per quarter i'd expect to see a sharply lower AISC and a fattening of net profit margins per ounce.

with the work program completed at the A1 mine and assuming everything is hunky dory there, company staff will be able to put more energy into the proposed restart to the Union Hill mine at Maldon and working up a comprehensive exploration plan for the prospective large Maldon block.

great to see the company transformation proceeding apace. Some exciting times ahead.