In my experience Mr Market is prone to bouts of manic...

In my experience Mr Market is prone to bouts of manic depression, undervaluing and overvaluing stocks as his/her mood swings. Mr Market is having a down day with Red at the moment. As far as expected/unexpected goes the only thing unexpected was the mill shutdown. Over the two weeks shutdown I estimate we lost about 2700 oz of gold production. IMO Mr Market didn’t like the ASIC rising over A$1800/oz and cash dropping to A$17 mil. If you factor the 2700 oz into ASIC calcs we would have ended up with about A$1500/oz. Mr Market would have found this more palatable and wouldn’t gone into a bout of depression. But I love when Mr Market gets depressed. I grabbed a bundle today at a discount. Thanks Mr Market.
Looking forward, if we extropalate the 5800 oz produced in the first 20 days of this Q we are going to end up with over 26000 oz by the end of Q, as long as there are no more hiccups. If everything holds together the cash situation should right itself next Q and ASIC should come down to significantly below A$1500/oz. Mr Market will go into a frenzy if these come to fruition.