My own estimate for the March quarter is: Ore milled c. 170kt...

My own estimate for the March quarter is:

Ore milled c. 170kt (higher capacity since L8 upgrade but loss of a few days in Jan)
Head Grade c. 5.7g/t (slightly higher than Dec)
Recovery c. 93-94%

That computes to c. 28.5 - 29koz of production.

Cash costs remaining at c. US$380/oz sold.
So operational costs at c. US$11m.

Average PoG over quarter = US$1,220/oz
So Revenue at c. US$35.3m.

Therefore OPCF at c. US$24.3m

Then subtract investment outflows of:
- Exploration at c. US$2.9m
- Capital Works at c. US$3.1-3.5m (incl commencement of Service Shaft)
- Development at c. US$9.6-10m
- Corporate at c. US$1.7-2m
So a total of c. US$17-19m.

Therefore estimated Free Cash Flow of US$6-7m.
and cash on hand of c. US$20m.

AISC of c. US$977/sold oz.

But just a personal opinion of course.
CPDLC