new template, mmmm
ok haven't had time to go through the cash claim of 100M yet to see how that was achieved,
following is a summary of FY actual s vs revised lowered guidance and 2022 guidance.
It says alot
View attachment 3414266and some for guidance metrics being used , mmm
View attachment 3414263production FY 2021
Atlantic made the bottom of the range
Gealia made bottom of revised lower guidance
Simbiri missed but they withdrew guidance
2022 guidance for the group expected to be either 305- 355.....
Midpoint is basically what was produced this year - poor outlook imo
but that is a drop from last years initial guidance and isn't exactly representing high growth production profile to capitlaise on potentially high or rising gold prices
Haven't seen the detail but Atlantic, which cost a lot for sure is now expected to drop production this year 65-85 K which is significantly lower than this years actuals and somewhat surprising given the amount spent as per previous announcements to build production quicker......if it only does 65K then the amount invested and spent has seen a negative production outcome since takeover, I certainly didn't expect production to be going backwards from acquisition after all this time....but Ill check it out further.
Obviously costs are also set, with the exception of Gwalia which falls a bit to increase in 2022
Simberi, that operation wont be making much if anything at these gold prices
Gwalia costs are still quite high despite previous development forecasts which have changed over the last few years
Altantic, with its much lower production forecast, its prices are forecast to jump considerably in 2022.
Looks like another struggle street in 2022 coming imo but will have a deeper look later.
shocked at forecast for Atlantic
Anyhoo good luck
(20min delay)