Just thought it was worth clarifying if there were any pundits reading it who weren't fully conversant with the projects progress thus far.
As for $2 come production I wish I shared your sentiment. A large element of production exepctations is already factored into the price at the moment, so I'll be happy if it gets to Hartleys latest target price in the next 3 months.
For mind, these are nervous times as around plant commisioning things generally go one of two ways:
1) On time as expected, minor negligible growth in SP 2) Delays, negative impact on SP
97% complete is encouraging enough for most punters to be locked in on this by now. (I wonder how they came up with that figure)
The massive force driving the SP is the LME price, given the unhedged offtake agreement and will have greater impact than production per se.
JML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
