Suspect sellers today were those expecting very low to zero mining costs as well as 2 to 4 mill oz in the PFS, as occasionally espoused on this thread.
The PFS is their first conservative take. Says Mt Kare is a profitable project and main doubt in the market will always be the land holing issues, which I am more comfortable about these days. The project looks like it will be massive but we've got a few years to run on this.
Disappointing reaction today, but volume not big. Wouldn't be surprised if SP recovers back up to 15-16c in next few weeks.
Zero concern from me and would just like to see less !'s flying around.
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