PLEASE send in your questions24 Oct 2023 14:58
All you have to do is email to: investor@centaminplc.com
I sent in the 2 questions below- under the name Steve Jones/Steve Smith:
Question 1:
On the 26th July 2023 “Interim Results RNS Update” RNS reported total production for Q1+Q2 was 220,561oz, and you were on track for mid point of yearly total circa 465,000oz.
Q3 RNS update stated 101,370oz, so YTD of 321,931. RNS stated new YE forecast of low point would be met, so 450,000oz minimum, which now leaves Q4 requiring 128,069oz minimum.
Please describe and demonstrate why you are confident you can deliver 128,069oz minimum in Q4, when this will represent the largest Quarter this year by ~12% (over Q2) and ~19% over Q4 in 2022.
Question 2:
Since the wall issue in October 2020 which called Share Price issues, I understand the AISC have been high due to the additional stripping work required. You state in early 2024 that this excess work will be completed, so I can conclude there will be a reduction in AISC- what is the approx. reduction in AISC attributed to this issue ONLY.