This is f#*king ridiculous!
I've been calm and haven't worried too much. Sold out on the bad Q ann, bought a tiny amount back in and am waiting to buy more. Problem is I have no confidence in mgmt now as there has been no attempt to rectify the crap they put out. Also have no confidence in SP, could head much lower (although there is so much negative sentiment around ABU now, it has only one option, to go up!).
As I write this AUD POG upwards of $1655!!!!!!!! FFS
SP should be 40 cents++ now.
Would appear no one at the wheel, just seems like they're adrift in the desert with scurvy and sunburn. Oh well, all swings and roundabouts...
Salt you're a champion and thanks to everyone putting out rational calcs. But I do feel something must be drastically wrong here. I personally don't buy into the theory that it's being manipulated. There is heavy selling, someone saying get me the f^#k outta here! Don't blame them either.
Can we get some updated calcs at the current AUD POG please? Just to give everyone a boost. Even with initial AISC of approx AUD1200, there's still $455 profit there... BDR have an AISC of US$1033! And even they can manage SP gains.
OK, I'm done
Thanks in advance
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This is f#*king ridiculous! I've been calm and haven't worried...
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