Ann: Mt Morgans July Operational Update, page-7

Yes, that was my take given they didn't change their forecast for FY.

I also wasn't expecting this update. I didn't think they were doing monthly production reports. Obviously, they have had a good month and keen to restore some confidence. But the market should start taking some confidence from these numbers that they will at least their forecast which was not being believed after their previous screw ups.

They say they didn't need any more cash in the near future, but they would be wise to do anything they can to push up this SP so they can eventually raise at decent prices. A huge number of shorters caught below 50c. They will capitulate very soon, imo, as these figures should ensure we don't see those share prices again.