Hedge is pretty much gone now that they are at a 80k per quarter run rate, plus very happy with the extra hedging added, $1771 AUD is an excellent price.
I think its actually an amazing quarter, they added 19k to their stockpile, which is added to their AISC, so in fact, they would have added a further $20-22m to their cash pile if this had not occurred (at a cost of 1000-1100 per ounce).
Excellent drill results too. I like that their base case is now 350k p.a, with high being 400k.
Plus guidance has been increased by 10-15k for FY18.
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