Thanks ST for providing your financial insights, @miningnut has been amazing and its good to support and help improve his projections.
I suspect management have been drawing down on their $45m ANZ facility (see Annual Report) to fund some of the Capex. The dwindling cash balance is a concern so hopefully improved cost management and higher cut-off grade mining will reduce AISC.
I'll be keen to compare the Q results vs 29M's group US$3.66/lb (A$5.35/lb) Cueq AISC ans net cash balance.
Holding......plenty.
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