Happy NY to all. And an absolutely fascinating 12 weeks ahead of us with AIC. Judging by AC and his consistency in reporting, the debt funding of some variety will be secured in this period. If its not, or its delayed, that would be a fairly substantial red flag going forward. This said with funding secured and box cut contract in place for Jericho (and a 16 month route to production) i would think the SP might go for a run and we won't see 30's again. We also have a variety of resource / reserve upgrades towards March / early April. The news coming out in the last quarter seemed increasingly positive, demonstrative and assertive. If, and its a big if, this is now backed up with more of the same and actions/events then the future is very bright indeed. Mr market won't be very forgiving though if this doesn't happen, disappoints, or is delayed. I'm with the former and expect a SP of 40 - 60c by this December.
A1M Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
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