Not being positive or negative on it PC... just stating the facts. Their operating AISC of AUD 2250 before taking into expenditure on sustaining capital looks decent and the business would be highly profitable. Of course they will have more capex to do but given the amount of new machinery they have purchased, it most likely will be lower than last quarter.
Nonetheless, they made a profit of $3.8m.
Cash on hand is $15m, but its also worth noting that their Gold Inventories increased from 4600oz to 8300oz.
Just facts PC...
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