Hopefully revised MRE is timed to arrive on CEO desk before close of business today giving the weekend to put it into a nice presentation for Monday morning. Draft more than likely prepared in advance awaiting final figures.
I'm not expecting the MRE to do big things initially, maybe put as back into the 7's on day one, but I guess it depends just how good it is. Will certainly add a lot to credibility and confidence levels and potential M&A activity.
My estimate is somewhere along the lines of @Themtherehills maybe 400k oz indicated and about 700-750 oz total. Andrew aiming for 1m oz by end of next year which would leave just 250-300k shy of target.
Personally, I would have expected they would be very close to the 1m oz by the end of this year, based on the results they have been getting, but not based on what Andrew is saying.
Anyways, enjoy the weekend and let's hope next week is good for us.
GBR Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
