Hopefully by October we'll have a JORC upgrade at a Roseby and a completed shaft decline at Kylylahti, so I would hope there will be a re-rating of AOH by then.
Unfortunately jgunter99 you are right that the global economic trend seems to be determining AOH's price at present, so if there's any more bad news out of the Eurozone (or the US for that matter) then I agree the fear will more than compensate for any good news for AOH.
So 29c is a real possibility. But if global markets behave I think 40c is more likely by October. Hoping for 70c by January. Inshallah!
AOH Price at posting:
32.0¢ Sentiment: None Disclosure: Held