Notice C1 cash costs? - Excellent.
TB is being very clever in under promising and over delivering. He is surprising the market on the upside every time.
Dropping the C1 guidance for the year adds significant $'s to the bottom line.
My thoughts are that it is a "steady as she goes" 1/4 report. TB is saying, "we are delivering on our promises, and we are exceeding the expectations we have set."
HT1