Ann: Annual Report, page-18

i dont understand what they are waiting for to get the toll plant up and running, gold is still AUD$2600 that is historically strong, they have the staff, they have the cash on hand, % rates are still low historically, what are they actually waiting for? gold to get to AUD$3,000?
interest rates to start falling again? i dont get it, if management are waiting for a perfect scenario to get the toll plant running, it might never happen, even if AISC are AUD$1500 they will be making AUD$1100 profit, so what are they actually waiting for?
WIll it go ahead in 2023? imagine if in 2023 gold goes to AUD$2800, but interest rates keep rising, they will have the excuse oh gold is up but % rates are up, so we cant do it yet? lol, if % rates fall in 2023 but gold drops to AUD$2200 oh well we cant build it yet gold is falling so we cant do it in this current environment, its just they dont wanna do it, there might never be a perfect scenario when all the stars align to just get it built and start revenue flowing, which would re rate the stock as a producer.
my average is 45c so im still holding, but im not buying anymore, and everyone here says management are the best in their field and first class.