AKE, June 2022 Quarterly Activities Report, pg.3 "The FOB cash...

AKE, June 2022 Quarterly Activities Report, pg.3
"The FOB cash cost of production for the quarter was US$803/tonne which resulted in a gross cash margin for the quarter of 84% or US$4,189/tonne (~US$159 million). Cash costs were higher QoQ due to lower production volumes, lower recovery and increased stripping ratio, however FY22 cash cost of US$401/tonne was in line with full year guidance."

AKE, June 2022 Quarterly Activities Report, pg.4
"Costs in FY23 will be higher than FY22 due to the ongoing development of the 2NW pit, lower production volumes, higher strip ratio, the decrease of ore grades from 1.24% in FY22 to 0.93-0.94% and associated lower recoveries. Ore grades in FY24 are expected to be 1.17%. Costs also remain high due to the ongoing impact of COVID-19 in Western Australia and the competition for skilled labour. Workforce retention programs are being developed to mitigate the impact of employee turnover."