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461 Posts.
76
12/07/19
16:52
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Agree DB on the June quarter being an absolute shocker.
But I don’t believe the price will be negatively impacted - as the high AISC and low June production is already known and priced into the current sp.
It’s now all about Moy’s ore processing capabilities moving forward and historical performance is now completely irrelevant to its future pricing.
So IMO holders shouldn’t fear the next quarterly. In fact if the company reports further progress the sp will be boosted.
But as Xman has correctly alluded too the next six months are all or nothing for Moy.
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