Operational improvements took effect in the December quarter with key achievements compared to previous quarter including: - Mining productivity increased by 27% - Mined ounces increased by 33% - Processed tonnes increased by 11%, including record tonnes milled of 109kt in December - Reduction in mill scats by ~97%
➢ $4.7 million spent in exploration and resource definition and $2.3 million spent inadvancing the Riverina Underground Project and processing plant improvements ➢ Quarter completed with a gold inventory of ~17.8koz including ore stockpiles ➢ H2 Guidance of 31-35koz at AISC $2,100-$2,300/oz represents a ~30% increase in ounces produced and ~25% AISC/oz reduction compared to H1; supported by strip reduction at Missouri in H2 and the mined grade improving at depth
OBM Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
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