Sh..irty news. Looks like shorters might have known or at least suspected, it explains the action.
Just trying to find a bit of good news here, not much to go on. Price is up 17% per tonne. Forecast of yearly production of 14,000 will be 10% less than that, or about 12,600. June quarter looking better, here's hoping the sun shines brightly. If the sale price per tonne can maintain or even go up, it will compensate to some extent for lower production.
You can't control the sunshine. Weather is an omnipresent risk when investing in any kind of mining/mineral production shares.
ORE Price at posting:
$4.74 Sentiment: Hold Disclosure: Held