IMO, this a good report and as expected:
-production good
-paydown of debt good
-AISC excellent ($638 US or $850 AUD)
I guess there is a flight out of Aussie equities by foreign investors because of the $AUD
dropping in anticipation of and interest rate drop next week.
The huge plus is the $850 AUD AISC which Mr Market will, IMO, eventually realise.
Cheers
MM
