Agreed, they are certainly priced with some level of failure based on a history of under performance. Currently it seems like a level of stability and achievement inline with what has been publicly announced. This may be a driver for the SP support >1.50. "IF" the company delivers its 5 points the potential is significant. The SP will move up and down by the probability of it achieving or not achieving this. Currently market is showing minor optimism towards progression over failure.
For when the quarterly is release I predict production of between 14,000 and 16,000 Ozs with it more likely to be near the low end e.g 14300 Ozs.
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