We should know how the newly acquired A1 operation is going by the end of next week when the quarterly is due.
that said, it’s early days and they didn’t walk into an operating gold mine, so it’s a fair bet it will take some time and money to get things moving.
it will be quite easy for the quarterly to disappoint but with the outlook for the gold price brightening the downside for the SP could be limited.
Ann: Drilling results and Operational Update from the A1 Mine, page-23
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