Is it not factored into the ongoing AISC forecast? They note elevated levels until completion of infra projects, and infer these elevated levels are about 950-1,000USD, so by my reading the extra costs are in the forecast AISC.
The only thing missing is time / # of oz to guess at the total cost.
And if that is the case free cash would still accumulate (but at a much slower rate) assuming POG doesn't dip further. If the price goes up we're better, but not as good had the project been spec'd and delivered first up.
I'm still a "buy" too. EPS and forward EPS are attractive (ignoring impairment blindsiding).
MML Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
