RE:RE:Decline EIJ,
Gold head grade is the key component of AU output which was 7.4 for 4th q.
During the months leading up to the 4th q, knt specifically mentioned targeting
higher grades. Higher grades to me meant what you show above for 2021 or 2022
but 7.4 was the actual result... along with an excellent 39.1k AU eq oz in the quarter
or 160k if extrapolated over 12 months.
Conclusion:
With 2024 guidance at 120-140k (and this with record ore processing), I think knt is
communicating that gold head grades around the 6 level will be the new norm in 2024.