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Can't argue against the market seems unimpressed (apathetic)....

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Dabble010

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29/01/21

19:48

Post #: 50557910
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Originally posted by GravityWaves: ↑

The Market seems a bit unimpressed (apathetic) with the numbers in the Dec quarterly.....13,398 oz looks a bit skinny compared to their target of 15koz / quarter. First guidance downgrade for FY21 (i.e. 56koz - 60koz down from 62koz). Historically there's usually (2) production downgrades each year. Mar & Jun quarters are usually the more difficult ones for WMX. Maybe things will improve a bit later this year / next year.

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Can't argue against the market seems unimpressed (apathetic). The volume and price action shows it!

WMX Price at posting: $1.37 Sentiment: None Disclosure: Held
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0 Great analysis

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Can't argue against the market seems unimpressed (apathetic)....

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