The issue is that with an opaque and guarded pricing formula the market really does not know what LLL would be earning.
The company would do well to update the study with new SC6 price forecasts for a start. 'Forecast SC6 prices are now $xxx, the company forecasts to be earning $xxx in 2 years and $xxx over current LOM', its not hard.
Simon really needs to hire an in house marketing / SH relations person who's job it is to push these initiatives. The share price has and is suffering because the Goulamina metrics have been long forgotten due to other distractions.
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The issue is that with an opaque and guarded pricing formula the...
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Anthony Noble, MD & CEO
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