Operator

Good morning, and welcome to the Perseus Mining Investor Webinar and Conference Call. [Operator Instructions]

I'll now hand over to Perseus Mining Managing Director and CEO, Craig Jones. Thank you, Craig.

Craig Jones
MD, CEO & Director

Yes. Thanks, Nathan, and welcome to the Perseus Mining quarterly webinar to discuss our March 2026 quarter report, and I'm joined on the call today by our Chief Financial Officer, Lee-Anne de Bruin. It was a good quarter for Perseus. And looking at our operating performance for the quarter, we produced 107,000 ounces of gold which was up 18,000 ounces on the December quarter and the higher production was achieved from all 3 of our operating mines.

The weighted average all-in site cost was USD 1,748 per ounce, which was lower than the previous quarter of USD 1,800 per ounce, and that's mainly due to the higher production. And we achieved a realized gold sale price of $4,143 an ounce, which was $706 an ounce more than the previous quarter. Our average cash margin for the quarter was USD 2,394 per ounce, and that gave us a notional cash flow of -- operating cash flow of USD 252 million from all of the operations, and we finished the quarter with $817 million of net cash and bullion and Lee-Anne will speak to that later on in the call.

Given the current global market situation, I just want to address the diesel situation. We acknowledge there's a fuel supply uncertainty globally at the moment, and we continue to