Very nice to see the restructure and Hopkins at the top after hearing how well received he is amongst peers. Time is still of the essence but a fresh burst of confidence. Still got those CN's as a bit of a vice grip on price imo unless a development comes forward that makes those insignificant although I'd also assume it would need to be a MAJOR development with significant cash component to really get away from it. Also just thinking about the wording and DW making mention of the savings to cost base by cutting numbers whether the bank is running pretty close to the line ? Quarterly should be released in the next week which will give a better idea of cash position.
Great development though and certainly refreshing optimism into the future.
PYC Price at posting:
1.6¢ Sentiment: None Disclosure: Held
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