Perhaps they are getting more realistic with AISC? For example,...

Perhaps they are getting more realistic with AISC?
For example, At the end of June they had $US13.67m in cash and gold equivalents. They made a NPAT of $US24.8m for the half year ending dec 2014, yet had cash and gold equivalents of $US13.6m.
So where did the $24.8m go? It wasn't in dividends, it wasn't in exploration. It was in development of the mine, yet somehow gets excluded from AISC. For me this company does not know the meaning of ALL IN in AISC.

It is just like how the resource statement shows indicated and inferred resources of 4,340,000 tonnes at 10.1g/t yet they only mine 5.3g/t, yet they use to mine over 7g/t. Realistically they have over 8m tonnes at about 5g/t, because they have to take a lot of waste to get to the thin seams of gold ore.

Until the price of gold rises substantially or they start finding deep wider ore veins, I am not expecting any shareholder returns, hence my sell sentiment.