Why are we always left with more questions than answers every time they put out an update. So over this share. Can't see any significant news from till September and even you have to wonder if they will ever deliver 100k Oz at 0.8. Seems like a no brainer but the opportunity cost of sitting here losing money, is not worth the relatively small upside potential.
what is going to give us a spare price with a 2 in front of it.
0.4g is not
Tafta extension is not
2 plants running is not
Settlement could but is there a cash compensation element.
So torn, I think just get out and moving on. Have had to sell down because timeliness are never met and there no accountability for any delays. I am sure in 2 years things will be different but can anyone actually see the share price getting to $2 by Xmas. I'm not sure it will now. And sitting around whilst opportunity passes you by is frustrating.
thoughts?
Ann: Chatree Gold Mine Plant 1 Update, page-19
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