19th June 2025

According to the release, the ASX All Ords share is forecasting a drop in gold production to 35,000 to 45,000 ounces in FY 2026. Also heading in the wrong direction will be its group operating costs, which are expected to rise to $275 million to $315 million.

More bad news is that its operating costs are expected to keep rising across both years. It is guiding to group operating costs of $290 million to $330 million in FY 2027 and then to $310 million to $350 million in FY 2028