re: Ann: Resignation of Managing Director / A...
Thanks again all. Production from may, June and July should bring that 24m down to around 10m. If you then add the 7,400 oz from the northern cutback and if AUD gold prices remain at 30% to 40% above May levels, plus allow a bit for better recovery rates, then that 10m turns back into 20 to 25m by my rough calcs. All good. We'll be laughing if gold gets to $2,000, which doesn't seem all that unrealistic at the moment.
EXS Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held
