Yes there is a re - rate about to start.
And because the company started Taronga almost 6 weeks ago, this suggests they are confident
about saying we will be cash positive this quarter. If they were not confident why start Taronga and spend that money? Better to wait to get Granville up and running before starting Taronga.
But they are moving ahead on both fronts now. This is why a re - rate is due. TA confirms this and when market dynamics kick in then the tide rises for everyone.
Just seems our time has come. Plus NM has a lot of clout financially and will make sure it succeeds.
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