IMO the most important aspect is that management have consistently reaffirmed the oz rev run rate of $30-50m by the end of the year. This suggests to me that they are now very confident of reaching the target with only 7 months remaining. This is important because when they announce they have achieved the target (hopefully the announcement is made before the Christmas break), the markets confidence of them reaching their US targets will increase dramatically.
NEA Price at posting:
57.0¢ Sentiment: None Disclosure: Held
