"Cash costs in the month of September were at planned levels of $380/oz.
CY 06 targets Stawell Gold Mine: 130,000oz gold production @ < $380/oz cash costs"
I think the market, myself included, expected it to be abit better.They said in line with expectations -- but I think our expectation would have been closer to 32500 oz @ cash cost of $380.
However positive Cash flow from operations of $9.4 M, before spending $2.8 M and $5.9 M on Exploration and Capital works.
Could nearly burn off forward sale this Qtr if they choose.
Maybe, not to bad.
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LVR
leviathan resources limited
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