Ann: Trading Update, page-30

I have done a bit of extrapolating and come up with some numbers for the 4th qtr. How accurate are they???


Firstly, I have used ozs sold to calculate AISC. Plutonic mined 24k ozs but only sold 19k. ??? Similarly Paulsens mined 21k but only sold 19k. Only Jundee sold more than they mined. Another point, I used the same expenditure mine improvements in Plutonic and Paulsens as last qtr to calculate AISC. Hopefully these are about to come down. Ok my AISC numbers are:

Jundee=$965
Kundana=$700
KB=$800
Plutonic=$1800
Paulsens+$1210

That would give a total AISC on the 152k ozs sold of $1025/oz, which is below, "the lower end of guidance of $1050-$1100" given by NST. So I'm wrong somewhere??? I'm hoping for a pleasant surprise. Don't forget these numbers are on ozs sold.

As per dividend, I believe a final divvie of 4.5c is probable going on BB previous statements. If BB believes he may need the cash to fund future aquisitions, then maybe a DRP should be considered.

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