Based on the costs declared in the quarterly cashflow, I think...

Based on the costs declared in the quarterly cashflow, I think the AISC for Jun-24 quarter was c. A$1,495. Still well above the DFS figure (A$1,025 from memory).

AISC isn't as standard a measure as I thought. Assuming the following costs should be included:

	Production	48,694,000
1	Staff costs	8,536,000
2	Admin and corporate costs	1,387,000
3	Interest and other costs of finance paid*	5,239,000
4	Total	63,856,000

BGL produced 42,705 oz in the quarter: 63,856,000 / 42,705 = A$1,495.

If the interest and other costs of finance paid item should not be included then: 58,617,000 / 42,705 = A$1,373.

Bear in mind that they are still ramping up and running various tests in the quarter (e.g. running plant at nameplate + 20%, etc.). i.e. I'm not sure that these running costs would be indicative of the longer term costs of production.