1. "A$160 million cash on hand and A$32 million in unsold gold bullion at the end of the quarter" This makes up total cash and equivalent on hand A$192m. While last quarter report cash $173m any bullion on hand. If that's the case, the increased should be 11%? But it is mentioned as 3% increase in the report.
2. "Non-sustaining capital expenditure of A$40.9 million was 192% higher than the previous quarter, with A$39million relating to construction of the Kiaka Gold Project." However, in the other part of the report, it says "Investing activities used A$45 million cash in the quarter, with A$27million for Kiaka and $18 million for Sanbrado." So, what exactly is the part expent on Kiaka?
3. Is debt facility lowering down to US$250m a good thing? or was it too expensive to borrow more? You can always set up higher limit facility and withdrew as little as possible to minise the interest costs.
Lastly, previously some HC fellows in the forum raised the quesiton on continuing high PPE costs. Has anyone got any explanation from the company?
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