Black Cat Syndicate Posts Lower Q4 Gold Production, Higher Sales

MT Newswires Live

07/30

Black Cat Syndicate (ASX:BC8) said total gold production in the fourth quarter was 20,830 ounces, with sales of 21,660 ounces at an average realised price of AU$6,261 per ounce, generating total revenue including bullion movement of AU$117.9 million, according to a Thursday Australian bourse filing.

In the same period last year, production was 22,268 ounces with sales of 10,476 ounces, an earlier filing showed.

The company said cash and liquid investments at quarter end were AU$105.3 million.

The company's shares fell 2% in recent Thursday trade.

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