Mirror mirror on the wall, page-105

There has been so much going on over the last March quarter that I’m not sure what to expect in terms of numbers.shortly.
The reality is that the market looks forward and not backwards anyway.

I’ll be surprised if there is not now a modest improvement in AISC and volume of ounces produced and the operation is starting to generate a positive cashflow.

The current June quarter should see those metrics start to ratchet up materially as we get into the stoping ores.
The grade of the underground material is looking like it is going to be higher than the reserve (4.3 g/t) grade had indicated, but this material (say 600,000 tpa) does still get blended with the stockpiled lower grade material on the rom pad.

I am assuming that OBM may process 1.2 mtpa of blended material at an average grade of 3.6 g/t until a second decline is developed and replacing the lower grade stockpile

Once OBM have 2 undergrounds operating (say 12 months time) we may be seeing ~1.4 mtpa punched through the mill at an average of ~ 5g/t … you can do your own numbers on annualised ounces produced and cashflows

I’ll be staggered if we are not enjoying a $1 billion plus market capitalisation by Dec 24