I hadn't looked at the waterfall chart so agree on the $3.3 going to working capital.
Hedging was reduced by about 8000 oz so at roughly $100 out of the money that would be a cost of $800k I believe. getting rid of the $1m/quarter on AW is a great result. Hope they can do something with Gnaweeda soon.
Ann: Quarterly Activities Report, page-6
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