Here are a few changes to recover the sp that can take place over time - over quite a lot of time before the market is willing to forgive the company.
1. All guidance met or exceeded (not just bum over the line) 2. Reliable/consistent progress toward the guidance 3. No more surprise CRs 4. Continued good safety record 5. Cash build up and a strengthening balance sheet 6. Continued strengthening of the resource estimate. 7. Continued plant reliability
If there is a stuff up in any of these areas (even one) then the market will assume that a low sp is warranted. Improvement will need to be sustained before the sp will budge.
Trust, once lost, is very hard to win back
HGO Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
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