1. With a new strategy and team in FY23, OBM is transforming from a ~60kozpa gold producer to more than 100kozpa within 2 years, underpinned by progressing high-grade underground opportunities and a strong focus on operational delivery.
2. Riverina Underground is fully funded into production and commencing in the June quarter of FY23, which is the key catalyst to improve production as well as reducing AISC costs to below A$1,750/oz in FY25, substantially improving free cash flow for the Company
3. Located north of Kalgoorlie, we are only just getting started on our exploration strategy, with more than 100km of contiguous tenements along two major regional structures in the Zuleika Shear and the Ida Fault. This translates to outstanding organic growth opportunities along a belt that has only been historically explored for open-pits, with numerous advanced high-grade underground targets as well as other opportunities such as Lithium and Nickel.