Brief: Austral Gold Ltd Says FY Revenue From Ordinary Activities Down 23% To $49.7 Million

Austral Gold

28/02/2023 04:07

Feb 28 (Reuters) - Austral Gold Ltd  AGD.AX :
    * FY REVENUE FROM ORDINARY ACTIVITIES DOWN 23% TO $49.7
MILLION
    * FY LOSS ATTRIBUTABLE $8.9 MILLION VERSUS LOSS $7.3 MILLION
    * GROUP FORECASTS 2023 PRODUCTION TO INCREASE TO
34,000-38,000
GOLD EQUIVALENT OUNCES
    * C1 IS ESTIMATED AT US$1,200-US$1,250 PER GOLD EQUIVALENT
OUNCES
FOR 2023
    * C1 IS ESTIMATED TO DECREASE TO US$1,000-US$1,050 DURING
SECOND
HALF
    * FORECASTED AISC FOR 2023 IS ESTIMATED AT US$1,400-US$1,450
PER
GOLD EQUIVALENT OUNCES

Source text for Eikon:  ID:nASX7mplws 
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