this is a good thing. it shows everyone is holding as they expect there to be movement soon. the realistic interpretation i favour is things are going to be looking better and better as this year progresses and hopefully confidence will start to develop and push the share price up.
I am sticking it out at least till the end of this calender year. the amount they are shipping is really quite good but not good enough to cover themselves while trying to fix all the issues. As they fix each issue the balance sheet will look better and better until its positive.
Still a lot of doomsayers around and thats fair enough as a lot of people have been cooked on the share price tumble.
remember -
they are shipping around 9.4mtpa rate at the moment as of last quarter. they expect the same rate this quarter. Even if they buy and ship third party ore they still make decent money to put into the company until it goes positive. I am stressing a lot less this year than last year.
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