Seems OK to me. If AISC fell 3% - against a backdrop of increasing gold price, that is good.
I did not look at any fine detail. Where there was a problem it was 'explained' as slow or a one off.
I think the exploration hits recently do not get the right attention because it is just 'noise'. With so many balls in the air Juggler Cookie confuses the market. Hence, if I see 3% reduction in AISC (and many things ramping UP) it makes me happy to be a holder. I would assume, without any bad negatives to see, the AISC will fall bit by bit, the production will rise bit by bit, and the POG in my opinon will rise in AUD bit by bit.
So I hope the share rises bit by bit by bit by bit by bit by bit.
Ann: Quarterly Activities Report, page-2
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