GDXJ rebalance will be Friday 12th of June and yes WAF should be added so your looking at 30-40mil shares bought by Van Eck
WAF hasn't changed its guidance of 300k + oz @ <$500 for the first 12 months and are completely unhedge.
WAF is at the stage where GOR was before the rerate when they annouced commericalisation. WAF has stated commerical production in Q2
GOR SP $1.80+ with 150k ounces at higher AISC V WAF SP 84c with 300k at lower AISC
WAF due for a megga re-rate
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