DECEMBER 2017 QUARTERLY ACTIVITIES REPORT
Corporate and Finance
▪
Quarterly gold sales of 34,382 ounces at an average
price of A$1,661/oz (Q1FY18: 34,322 at A$1,663/oz)
▪
Well positioned to meet the upper end of FY18 gold sales guidance
of 135,000 to 145,000 ounces
▪
Cash and bullion of A$66.7m, listed investments of A$11.7m and nil bank debt at 31 December; Strong cash flow generation expected in
H2FY1
Ann: March Quarter Production Update, page-26
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