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Equity Bottom-Up

<p>Alkane upgraded its FY23 guidance for gold production from 55,000–60,000oz to 62,000–70,000oz on 5 January. This follows H123 production at Tomingley of 37,790oz. Alkane has lowered its expected unit costs, to AISC of A$1,550–1,800/oz, down from previous guidance of A$1,650–1,900/oz. Also, approval of the Tomingley Gold Expansion Project, expected in late December, has been deferred until early February.</p>

Alkane upgraded its FY23 guidance for gold production from 55,000–60,000oz to 62,000–70,000oz on 5 January. This follows H123 production at Tomingley of 37,790oz. Alkane has lowered its expected unit costs, to AISC of A$1,550–1,800/oz, down from previous guidance of A$1,650–1,900/oz. Also, approval of the Tomingley Gold Expansion Project, expected in late December, has been deferred until early February.

Alkane Resources - Production impresses at Tomingley