They really don't have a lot of time to get Roseby up and running. If they don't act on it by 2012 Xstrata will no doubt control it with 51% acquired very cheaply. If its not producing by then there's a good chance it will just sit around as spare reserves until Earnest Henry is run down in another decade or so.
The only choice is to push hard to bring it into production, it needs a tough focused approach by management. They could start by getting Xstrata to hand over the results of all the exploration they've supposedly been doing and let the market have a look at it.
AOH Price at posting:
11.8¢ Sentiment: None Disclosure: Not Held
