A bit disappointing to see the share price drop after the presentation and close down 4%.
Whilst it all sounds great with everything going to plan why did the presentation fall flat?
Could it be because it didn't sell the free cash flow story . Thats the main thing I want to know.
Everything going to plan means nothing if don't know what the plan is likely to deliver in free cash flow.
The only mention I could find was the adds >$40mpa slide.
Maybe the ES being over a year old means it's passed it's use by date. If that's the case then if they want to present at conferences in a meaningful way they need to issue a new forecast IMHO.
HGO Price at posting:
7.3¢ Sentiment: None Disclosure: Held
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(20min delay)