SLR Chart, page-938

During FY2022 H1, SLR added 21k ounces of pit ore to the already-large stockpiles at Mt Monger. Those ounces were booked at cost, resulting in a higher AISC than would be the case if the ounces were also milled.

In the December quarterly, SLR guided that they would cease open-pit mining, at least at Aldiss, and run stockpiled ore in it's place. This change will result in a lower AISC. The resulting higher EBITDA margin for Mt Monger, combined with the 62% EBITDA margin (!) that Defector is running, and the high gold price during much of the period, is going to make for a good-looking quarter.

Sugar will have only been on the books for a few weeks. BTW, there are 12 jobs posted there.