Agree ... had been speculating this outcome prior to release of SS after results of west zone came in ...
Until then though had confidence in BB's capabilities to deliver a sound SS regardless
Damned if you delay SS to wait for the west zone JORC ... Damned if you don't ...
Possibly would have been better to release SS in June/July as promised then smashed those expectations out of the ball park with the west zone grades and positionings ... what is it about hindsight ?
This in and of itself surprised me as of all MD's one of my confidences of CLA - BB understands the market dynamics, announcement influences, underpromising overdelivering etc
Biggest mistake here, as I've stated previously is promising timelines in a dynamic environment
IMO
CLA Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
