Cannacord price target of 50 cents, page-12

Dear bcjk3

thanks very much for your question and I’ll do my best to address the risks from where I see it. .. not in any particular order

$A gold price.
as we have seen overnight with Trump assassination attempt and Israel attack killing so many … the world is becoming a more dangerous place in terms is potential escalation of hostilities and economic share market vulnerability to elections, interest rates, government debt/bonds/black swan events
I am keeping a very close eye on the $A/US$ because if the US$ tanked hard … our $A surges and gold price and gold sector ratings would tank

global share market risk … a collapse in global stock market will take no prisoners

key management risk
I know Luke won’t be going anywhere … but I wouldn’t stay a holder if he left the company

mining risk (that comes with the business)
we are all vulnerable to the impacts of bad accidents, tectonic events, adverse weather (I.e. cyclones) etc

corporate risk
someone bad may buy control of the company through the acquisition of Hawkes Point stake and then use our cashflow/share value to merge with some of their crap

i am sure there are many other risks, but most would be bumps in the road

weighing it all up though … you can see that I am very positive about the geology held, the team running the show, the ungeared balance sheet, the building relationship with Wesfarmers, the scope for growth, the general outlook for global gold prices

I hope you find that response satisfactory bcjk3