Ten Sixty Four Limited (AU:X64) has released an update.
Ten Sixty Four Limited reported a decrease in gold production to 15,357 ounces and an increased All-In-Sustaining-Cost (AISC) of US$1,688 per ounce in the last quarter of 2023, partially due to unscheduled maintenance and natural disasters. Despite challenges, including a fatal accident at the Co-O Mine, the company’s cash balance stood at US$8.5 million, while efforts continued to stabilize the company under a Deed of Company Arrangement.
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