Production of 78,471 ounces in the June quarter saw the Western Australia operator produce just over 305,000oz in FY16, with a forecast for FY17 of between 300,000 and 330,000oz at all-in-sustaining-costs of $A980 to $1050/oz  being made by management.

The debt-free Regis has cash and bullion of $123 million, with shareholders undoubtedly keen to see just what their management plans to do with the growing pile.

Regis has current reserves of just over 2 million ounces, which at current production rates provides 6-7 years of operation.

The company's performance continues to improve after a number of major issues were revealed in 2014.

From October 2012 to July 2015 the combination of the falling gold price and operational hiccups saw Regis' share price decline from $5.77 to $1.14.

However the much improved Australian dollar gold price and much improved operational performance have seen a return to market form, with the stock currently heading back toward the $4 per share mark.

Shares in Regis were up 6.5% to $3.77 in morning trade today, capitalising the company at $1.9 billion.