I agree if exploratory drilling is included in ASIC , this can explain previous high ASIC. Reduction in drilling and increased gold production (decreased fixed cost) will see significant reduction in ASIC. With reduced debt, positive cash flow, reduced ASIC, higher gold production, high proven reserves, increasing US gold price and a weakening Aussie dollar there isn't a lot to dislike about the future of this company IMO
BLK Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held