Ann: Production commencement at Alara JV Copper-Gold Mine in Oman, page-252

New holder here, was just going to DT this today however, I started to have a look through the fundamentals and now I'm planning on holding.
Really struggling to see how this can be sub 50 M, with full capacity production coming in by end Q2 and first shipment already lined up for April?

Unless there is a significant drop in Cu pricing i can't understand why this is viewed so poorly?

Am I missing something? I understand the SP takes a hit while going into the production phase but now the company is here. Really scratching my head here. Hoping some of the longer term holders could provide some insight to this new friend.