Net income forecast to grow 381% next year, page-44

Hey Bull, this is back from June 2020.
These numbers are all NOT including Edna May Stage 3.... (which if it does not go ahead, means that Edna will run out of ore by early 2025.



then, in August 2021, a new LOM plan



Mind you, this is all before diesel increased 50% or more, and staff costs too. Total figure could be over $200m as a minimum.

Plus, I think the new U/G mines at Mt Magnet will have added to non-sustaining capex costs too over the next year or two.

As for the AIC.... eek.
The above numbers for the AISC, are now basically useless, thought its pretty easy to just add 50% to everything, and that is about where we sit in terms of AISC. For example, in FY 2024, if the AISC is going to be perhaps $1800-1900, then we need to add another $580, so... AIC around $2370-$2470.

I can only imagine the RMS team are really kicking themselves for not pushing the button on Stage 3 back in 2019.... would have been basically completed just as inflation hit. Hindsight of course!