Ouch!
Technically there goes the double bottom (bar view).
I believe the June quarter may show the company miss its revised lower end production guidance and even see the yearly average AIC go above FY23 guidance of (AU$16.91/lb).
One has to truly believe the company can pull a rabbit out of the hat and make up about 2,300/t in the June quarter - Appears highly unlikely but happy to be proven wrong
Market may then realise the company is years away from even controlling costs or potentially realising their forecasts over the next few years.
Forecasts, guidance, assumptions = Just that.
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