Guess you didn't see this from the same report:
"C1 operating cost was $1,928/oz gold, reflecting the higher average stripping ratios (31:1) during the period as anticipated in the early stages of the trial mine. The stripping ratio in December was reduced to 16.6:1 and is anticipated to reduce further for the remainder of the project. This variation in stripping ratios is a normal and expected outcome in an open pit gold mine such as this. Consequently, the operating cost in the second half of the financial year is expected to be significantly lower, thus the average C1 operating cost for the entire trial mine period to be more in line with forecast."
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