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My guess is they will release Bulletin MRE with Jan production...

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    My guess is they will release Bulletin MRE with Jan production update in the next week or so.

    Expect Jan to be pretty average, say 5K oz. Bushfire fix ups with water and final stages of cutback.

    Should finally be the last month in this number range though, and the Bulletin MRE and future plans should mitigate the Jan negatives.

    What we are all really waiting for is consistent monthly production of 6.5-7K approx Oz (78-84K Oz p.a.). I expect this wont be until the April/May/June period. If things goes well, maybe March might be the start, with a 6.5K print.

    PS: AUD POG has been at or above $3100 since the start of the quarter, so the effect of the reduced hedge is being maxmised in this period.


 
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