So what about some highlights
- If you take a happy medium, production forecast for 2016 is around 10% lower than the 2015 booked production
- It’s cutting the dividend from 2c per month to 2c per quarter
- It mined 3.4m oz gold in 2015, but in the same period reserves dropped by 8.9m oz.
- It lost a over billion dollars on operations in the fourth quarter.
- It took a $4.9Bn impairment.
But apart from that, great quarter! NR here.