They have done it again, set a high bar for JQ Production. Comment in the preso was that they "expect to achieve lower end of annual guidance", ie 85koz for FY24. The maths for the JQ to reach this target is 25,584oz, ie right at the tippy top of their guidance range of 23-26koz. It would be great if they could start hitting guidance. Hopefully they can learn from the last 12 months and put out FY26 guidance that they can actually hit. I have mentioned previously one of the key risks for me is personnel issues in Norseman. It seems to me to be a bit of a hardship post and therefore difficult to keep staff. Anyone have any detail of Norseman issues relating to work desirability? Just curious
PNR Price at posting:
$2.79 Sentiment: Buy Disclosure: Held
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