RE:Does not have to make sense!
I agree. Single day results are often meaningless. Started well on the TSX but perhaps some entity used decent results to unwind. I don't know.
I've been quite surprised they have kept costs somewhat under control the last two or so years.
During 2022, we continued to deliver on our commitment to generate attractive shareholder returns with approximately $100 million of share buybacks completed and $200 million of dividends announced for the year, which is well above our $150 million minimum commitment. This represents a return to shareholders of $212/oz of gold produced in the form of dividends and buybacks.
tC