price is having trouble finding a support level - at the current market cap it implies either lack of faith in them getting it into decent profit or possible expectation of cap raising to shore up working capital.
They were line ball cash wise last quarter after factoring in the improvement in current accounts vs last quarter. how they go this quarter depends a lot on when they complete the mill improvements and how effective they are. The rising cash cost is a concern but in theory that should come down a lot if recoveries improve.
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