Saracen Minerals' Finlayson on Production Targets, Discovery Costs, Growth

Saracen Minerals' Finlayson on Production Targets, Discovery Costs, Growth

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Business

University

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The video discusses the company's production targets, aiming to increase from 317,000 ounces last year to 325,000-245,000 ounces this year, with an aspirational target of 400,000 ounces. It covers cost management strategies, emphasizing that expanding production lowers costs and creates acquisition opportunities. Discovery costs have decreased, benefiting shareholders. The company plans significant investments in growth and exploration, funded internally. The focus is on organic growth, with inorganic opportunities considered as they arise.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the production targets for this year mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company plan to manage costs if gold prices fall below the cost target?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target for discovery costs mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total investment planned for growth initiatives this year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's stance on organic versus inorganic growth strategies?

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