Ann: Stage 1 Operations Update, page-167

The upcoming quarterly will be interesting.

Shareholders have been softened-up by the latest announcement, so as not to expect too much.

And shareholders have also had the excuses (for a poor quarterly) pre-emptivally given to them by management.

So it has been intimated that a poor quarterly will be due to the production ramp up issues, which shareholders are told is normal for any mining company operation.

So there you have it.

I'm expecting this to hit 12c on the release of the quarterly, but then bounce to where it is today.

I'm not sure about the timing of the last announcement update, or the need for it prior to the quarterly.

But in all honesty though, it does take time to work out the bugs and reach nameplate capacity, so shareholders should cut these guys some slack, and give them support, and look beyond the next quarterly.

It's a longer term hold now, while many shareholders hope and pray it might get back above 30 cents at some stage.

Gw