Edward Farid: Yes. Look, well as I look at the next three years, the market is fully aware of a lot of the large chunks of capital ahead of us. So we have Hod Maden, which we are responsible for 70% of the capital estimate for. We have the grind leach circuit, which we just covered together. And those represent the largest components of the growth capital associated with our growth profile in the coming three years. And so, again, I do not believe that the market will be surprised as they look through the outcomes of our technical report estimates, which will fully define all these figures to a higher level of fidelity.
Cosmos Chiu: Of course. And then, maybe one last question, Eddie. In terms of CapEx for Hod Maden, it sounds like you’re going to make a decision by mid-2024. So in your budgeting and the studies that are coming out in the guidance for 2024, we should expect some kind of Hod Maden number for 2024 for CapEx.
Edward Farid: Yes. Let me pass that over to Alison to cover.
Cosmos Chiu: Great. Hi, Alison.
Alison White: Hi, Cosmos. Thanks for the question. Yes. We will definitely be including the CapEx expected for Hod Maden when we issue our guidance in the upcoming year, so you can anticipate that it will be released at that time.
Cosmos Chiu: Great. Thanks for answering all my questions, Eddie, Alison, Bill, and Alex, and I’ll pass it on.
Edward Farid: Thanks, Cos.
Alison White: Thank you.
Operator: The next question comes from Ovais Habib with Scotiabank. Please go ahead.
Ovais Habib: Hi, Eddie, and SSR team. I guess most of my questions have been answered, but a couple of follow-up questions asked by Cosmos. At Marigold, now obviously you’re looking at deferring stripping at Red Dot into 2024. Does that also mean that AISC could be kind of first half weighted for 2024? I know you’re not given guidance yet, but any kind of color on that would be appreciated.
Edward Farid: Yes, sure. Look, I’ll pass that over to Bill. What I’ll say is given Red Dot is second half weighted production is likely going to be weighted further to the second half in 2024 on Marigold. But let me pass it over to Bill for more color.
Bill MacNevin: Yes. So with a lower production profile, the AISC will go up commensurate, but along with that, we’re doing a lot of work associated with and with some good success associated with improving the productivities associated with the fleet. So we’re actually improving on a lot of fronts the spend profile at Marigold, but we’ll definitely see the AISC come up with that reduction in gold production for the year. No surprises with that.
Ovais Habib: So Bill just on again —
Bill MacNevin: Makes sense?
Ovais Habib: Yes. That makes sense. So at Red Dot like I mean how much more additional stripping is kind of required at Red Dot. I mean in terms of tonnes or in terms of kind of maybe in terms of quarters, can you give us some color as to what needs to be in place going into 2024 to complete Red Dot? Will it be done by, I guess, the second half, or is that going to continue into second half —
Bill MacNevin: It’ll be the middle — yes, it will be the middle of 2024. We get into the ores are — first major ores are in proper. So essentially we’re delayed, say, a quarter and a half. And that tonnage was just directed to another part of the mine supporting this year’s production. So in other words, nothing’s changed in terms of the profiles or anything. It’s just about a quarter and a half of stripping.
Ovais Habib: Got it. I appreciate that. And then just switching gears to Çöpler at Çakmaktepe. As you wait for a decision on grind leach circuit, are you looking to continue mining and stockpiling, or would you defer essentially all mining to mid to late 2025?
