I don't expect this Q to hit it out of the park imo. Hillgrove would have been going through a lot of testing to optimise recoveries which they are probably only getting on top of now so I wouldn't be surprised if we actually were operating at a slight loss at hillgrove at the start of the Q and by the end in cfp territory so probably flat all together. Thalanga will also be average as remember it was the wet season up there and these Q are never the most flash it's always nice to get through unscathed imo. I expect this June Q and Sep Q to be very good though as they would have learnt what they need to do at hillgrove combined with a stronger gold price which I am expecting to slowly creep up again. Thalanga will also head into the honeypot zone around June from what I have heard and that is where we will be getting those massive 4-5% copper stopes etc. Will be very happy if we match last Q result and see evidence of improvement at hillgrove!
imo dyor gltah
RVR Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
