Thanks mate. According to the foot note "‘Site sustaining cost’ includes all components of AISC except corporate and share-based payments. ", it reads to me site sustaining cost is a subset of AISC. Given the finishing-up of external contractors (lower labour outlays), as well as drawing more stockpile (lower mining costs), and coporate/admin costs are shared with Kiaka project, I am expecting these should at least offset the stockpile grade lowering for Sanbrado.
However, when I checked back November 2023 Macquarie presentation, 2026 would be the lowest production ~ 150koz fro Sanbrado, but in later presentations like the one of last month, it shows 2024,2025, 2026 & 2027 are similar numbers ~200koz. Similar production volumes with the above mentioned cost cut should bode for better AISC. I wonder if Richard is being more conservative? Hope someone in next quarterly conference call can check this out.
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