This derating is compete nonesense.if Newcrest didn’t like what...

This derating is compete nonesense.
if Newcrest didn’t like what they saw they would have pulled out!
instead they just committed to move ahead with the JV.
the same goes with a new exploration program with RIO - which in terms of amount isn’t too different to what it was planned to
be for 2021 when Rio announced their program late 2020.
remember that what’s key to this company is that they can get their ore preceded at Telfer and Winu.
that’s a huge advantage in terms of economics.
there is already 2moz at Citadel; with gold grades better than Winu… 100% Minyari has increased considerably in size m, has great grades and has the potential to go down very deep - the havieron depth potential.
Stock reacts to news release as though the company has no resource…
oversold- Buy