I think the market is happy with the pour and will usually be reflected in the next day's price , however this is still only proved and probable around the 620 k ounces of reserves or 6 years production. The market wants that figure closer to 10 years or 1 million ounces, that's why the drill bit is still most important for share price movement.
In the medium term a consistent production profile and debt pay down will see slow build up in the enterprise value and therefore the share price.
More success around Dalgaranga and Glenburgh will be what we need, and if Glenburgh is a real Craton discovery then we can have a lot more out of there that 1 million ounces - so some 'blue sky' available here with 2 projects and only one factored into the current share price.
Well done to the team at GCY.
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