I wouldn’t read too much into current trading - the sp appears to be reacting to a strong gold price mixed with some short term profit taking. Volumes are moderate.
The real action will begin in the days leading up to the quarterly report. In other words soon.
The poor cash flow should already be priced in, so it will all be about the progress of the upgrade, July production figures and projections.
My prediction is that things will start to get interesting this week.
MOY Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held