they already started to spend more on TGO expansion - my guess. So don't expect cash to increase.. unless POG jumps another $200 which is also possible. Then they'll never run out of money.
I always hoped they sold CAI when CAI's SP was double of where they are now. I am not sure why holding them. Should have been the other way around - dump CAI and hold GMD. Matter of fact they should have bought GMD when GMD was trading next to nothing.
Some think CAI are good but I don't see them as that. Unless they find higher grades nearby the plant CAI will be too risky. Right now their higher grades resources are around 65km from the plant. Trucking that material to the plant will be expensive.
Ann: Tomingley Q3 FY2023 Production, page-11
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