CAI - General Chat, page-886

You have to settle it.

On the positive side, we have over 2 years of production (9 quarters including the one we're currently in) and we're aiming for a minimum of 70k oz production per year - which hopefully means a production of at the very least 150k ozs between now and the closure of the hedge position.

It's a balancing act to sell into the hedge and also capitalise as much as possible on the higher gold price.

AISC should start to drop, the company has already reported that it can lay off the 200 tonne truck that's been working on overburden, and so we should start to see some benefit from an improving strip ratio in this (or the next) quarter. Hopefully, we'll also start to see some quick wins from the Haoma joint venture upping the ozs/tonne throughput in the plant.