We're Positioning for a Strong Year: Centerra CEO

The video discusses the impact of gold and oil prices on financial performance. Last year's gold price was $11150, and it has increased by nearly 20%. This rise, along with low diesel fuel costs and favorable exchange rates, positions the company for a strong financial year. The devaluation of the Kirke Solomon and the Russian ruble also contribute to reduced labor costs, providing additional financial tailwinds.

What was the gold price last year that posed challenges?

• $12,000

• $11,150

• $11,500

• $10,000

By what percentage have gold prices increased from last year?

• 25%

• 20%

• 15%

• 10%

What is the expected outcome if the current gold price remains stable?

• Slight increase in cash flow

• No change in cash flow

• Decrease in cash flow

• Significant increase in cash flow

What is the current state of oil prices?

• High

• Moderate

• Low

• Unchanged

How has the local currency in Koga Stan affected labor costs?

• Increased costs

• Decreased costs

• No effect

• Fluctuating costs