Great announcement and reads like they are confident of future upgrades,
We really just need the commodity prices to start moving in our favor. Panoramic into administration in the last few days and jobs shed, Whyloo's Mincore and Igo's western area's assets all struggling.
Who knows though maybe that's a good thing for us in the future? As we look to be a few years away from becoming a producer at this stage. A lot can happen with pricing in the meantime.
Good article on the above info in the AFR recently for subscribers and I'm sure the info can be found elsewhere without a paywall.
Will be interesting to see how the market reacts to what is the first bit of positive news we've had for a while and we are certainly now at bargain basement prices.
Good luck all.
WIN Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
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