On headline numbers, the market's reaction is understandable....

On headline numbers, the market's reaction is understandable. But a lot of work has been undertaken at Nifty to clear the path for future success. It wasn't called a "reset plan" for no reason and we are only 2/3 months into it. The only aspect I need more clarification on is around costs.

While some might infer that this is just another underwhelming MLX announcement, I question whether the previous management would have had the wherewithal to implement the measures needed.

The debt financing is huge in my opinion. Shorters would have been all over this if another cap raising was on the horizon.

The share price has found its base hopefully. This won't be a quick one or two quarter turnaround. Though we should expect incremental performance gains at Nifty.

Drilling results, simply put, are fantastic.