QR on 30 April foreshadowed production at NEW Elk would commence 'next week' (i.e., sometime 3 - 7 May). It's now 14 May and still no confirmation.
I understand slippages occur, but I'm surprised the company would feel confident enough to give market that guidance literally a couple of days prior to the target date, the miss their own timeline, with total radio silence on the issue.
Not panicking or anticipating an operational mishap, mostly just puzzled about the bungled investor relations. Thoughts?
AHQ Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held