Hi SpecThere are always possible red flags (Grade, throughput...

Hi Spec
There are always possible red flags (Grade, throughput etc ). However I would like to concentrate on Green Flags .
Everything the Company Has Said to date they have delivered..
With regards to costs. Unit Rates are locked in for mining by Macmahons . Fixed LNG Power costs.
Labor costs possible 4-5% increase (as advised by DR in Crux interview December).
The first 12months production at current spot price $2565, Aisc $1177 ( as per latest presentation).
( hedge kicks in at end September adjustment needed)
Ebitda margin $1388x90kozs=$124m or .30c per share.(No income tax payable for approx 2Yrs $50m tax losses)

As stated in the Quarterly the Plant is 88% complete at end December. As they had Staff work through Christmas
I would not be surprised to see Gold production in March.
I do believe we are onto a little Gold mine no pun intended.