Agree on future AISC of circa $1200. Takeaway from this very positive Qtrly.......
< 1.505 million tonnes in stockpile at say 0.9 g/t equals value of circa $10 million (at 31/3/24 gold price of circa $2200) < Additional haul trucks arriving in Q2 2024 < Crusher upgrade to 5.5 MTPA by end of the year <Average gold price received in March Qtr.$2054 vs $2070 today. < All of the above point to increased cash cow later in 2024 < Mention of interim dividend ! Happy days except for Zhaojin and their legal fees.
TIE Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held