RE: dividends14 Jan 2023 18:40
The one thing people appear to have forgotten about is how inflation will affect the aisc. Steppe cement just released their Yr end figures, they are based in kaz BTW, and they stated inflation is estimated to hit 20% in kaz in 2023. Gold may well have risen nicely but polys selling price of gold is fixed outside of their control and their input costs will rise this year, also out of their control to a large degree. This will eat into margins and therefore profit. So, taking the war aside, the forward looking cost predictions for the next 2 years, also to be provided on 25th Jan are key to any future dividend prediction.