The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Levi Spry - UBS Investment Bank, Research Division - Analyst
: Nice result. I guess the main question is just around the buyback and maybe you could share with us how you came to the quantum and things
you considered, things in your control, things outside your control and how you weighed up against some of your growth projects?
Question: Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division - Analyst
: I note that in the release in some of your comments, you talked about taking some of the surplus equipment at Pogo out, which you were putting
in the -- get on top of development rates for deliverability of your plan. So what -- can you just go through what has changed? Presumably
productivity is a lot better. And does this have implications for your cost and capital guidance?
Question: Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division - Analyst
: And in your comments, I think you also outlined the Thunderbox that you're entering the commissioning phase for the expansion. Can you just
talk about when that started and progress? And how long you expect that to take and ramp up?
Question: Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division - Analyst
: And do you feel you've got sufficient ore available to keep the thing for once it ramps up, like how the mining piece is going to fill that mill?
Question: Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division - Analyst
: And last question, I mean, you've outlined the shut schedule at the KCGM mill this year. Just how substantial are these shuts and how we should
think about ultimately throughput or production impacts?
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