Under valued, page-742

These are the things that I think are contributing to this position not in any order of impact magnitude.

Negative sentiment due to overpaying for Tropicana
Existing hedges being way out of the money and acting as drag on revenue growth
Gold being not being desirable asset in current market - funds and other are buying more leveraged items to growth eg Lithium producer ORE PE 972
Negative publicity from McPhillimays and length of time to turn asset into income producing asset ( future growth )
Increasing shorts taking control of short term price correction
Not meeting the guidance in 1st Half of the 22FY ( but saying 2nd half they will catch up)


In simplistic terms its like all these negative event acting together as a perfect storm on the Share Price. But the the smart investor who can look at each of these items and assess their impact on 22FY results it becomes very clear the stock is cheap.

DYOR.