So if Hera gives lower grades and Dargues has been downgraded and Peak Deeps wont kick in until late in the quarter, where is the better result going to come from for this quarter? The above covers all 3 mills!!! Also we wont begin the upwards climb in the second half of 2021 because we are already 4 months into it, with only 2 months of FY2021 to go. The other thing that has annoyed me is the espousing of "sweating the mills" which of course didn't happen last quarter. Flipflop! I still believe in the company and the resources at Peak, Federation and eventually Great Cobar, but to be honest Dargues still seems a bad buy, and I'm now left wondering after so many protracted delays at Peak Deeps, whether different management would have foreseen the difficultied in advance and mitigated the circumstancrs far sooner. This report in my view, isn't good.
AMI Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held
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