Alternate view would be:
- Gold news possibly in 4 weeks (so maybe 3 months by POS standard).
- Possible news that the metallurgy is coming good, or they have worked through the data again with the credit the consultants who didn't make any errors gave them (Im making that bit up to contribute to the 90% BS stat) and found the dirt they will pull will be fine with some tweaking. Either way work starts in August and will only take till Xmas (again given POS standard say Q1 CY25)
- Power is really a non issue given timerames
- A company wants to partner around accommodation so a non issue given over a year away
You have a commitment from the MD that they are working on issues in series and are trying to work through things with urgency despite saying "in mining these things happen all the time"
So only real issue is resourcing and AI is advancing rapidly so by them they can probably automate.
Why would you raise now given youve just unleashed all of the bad news and have so much potential good news on the horizon that could drive the SP up?
Raising now would be madness IMO.
GLAH
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