Bellevue Gold (BGL) - Production and cash flow missed our estimates
July 15, 2024
BGL’s 4QFY24 gold production and sales was 8% and 5% below our estimates. The softer volumes resulted in BGL delivering 2HFY24 production in the middle of its guidance range. We estimate that AISC for the 4QFY24 averaged A$1,778/oz, while AIC, which includes capex and corporate costs were A$2,284/oz. We...