ENDEAVOUR REPORTS STRONG FY-2023 RESULTS Production of 1.1Moz at AISC of $967/oz • Adj. EBITDA of $1.0bn • Shareholder returns of $266m OPERATIONAL AND FINANCIAL HIGHLIGHTS Q4-2023 production of 280koz at an industry-low AISC of $947/oz;. - Veroeffentlicht am 27.03.2024
A tit for tat ensued during the Judicial Service Commission (JSC) interview for the position of judge president of the competition appeal court when judge Bashier Vally took several verbal swings at judge Norman Manoim who was seeking appointment to the top job.
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Endeavour Reports Record Q4-2020 Preliminary Results and 2021 Guidance
PRELIMINARY RESULTS AND 2021 GUIDANCE
Achieved top end of production guidance l Net Debt reduction of ∼$600m in 2020 l Net Cash position of ~$70m at year-end
HIGHLIGHTS
Record Q4-2020 production of 344koz, a 41% increase over Q3-2020 while AISC decreased by 15% to ~$770/oz
Record consolidated FY-2020 production of 908koz, a 39% increase over FY-2019, while AISC increased by 5% to ~$860/oz
Eighth consecutive year of achieving annual guidance, reaching the top end of production and low end of AISC guidance, in spite of the global COVID-19 pandemic
Net Cash position of ~$70m achieved at year-end, marking a Net Debt reduction of ~$245m during Q4-2020 and ~$600m during FY-2020