Ann: Smarts Delivers World Class Intersection of 11m @ 131 g/t Au, page-224

What $27.7Mpa FCF isnt enough?!

On current guidance at 40kozpa production at 1950-1450 aisc guidance.

You think they need more than $28Mpa cashflow & more than $20M cash in bank to build a decline through the existing mine Smarts 3?
Hicks 4 seems to be higher grade lower down and they clearly are targeting this mine zone.

I think another confirmation of world class high grade & stable production on guidance will make this rerate.
The PER is already very low at 3.05 on current guidance.

With GP higher, TRY is sitting pretty and dirt cheap.