H2 guide 75k-85k ounces and then expectation for a stable output around 173k a year. So that big projected boost of 260k first year isn't happening due to wet weather delaying access to lower ores.
I think this was expected by most, but I think some investors will be caught out and probably disappointed that the guidance wasn't adjusted sooner. We should see some selling due to those bailing due to their perception of management.
If they do dip enough I might jump back in now that the guidance has been updated to something more realistic. I still expect at least one disappointing hiccup ahead though.
Ann: Tietto Produces 11,191oz Au in August & Updated H2 Guidance, page-7
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Last
66.5¢ |
Change
-0.005(0.75%) |
Mkt cap ! $762.4M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.5¢ | 66.5¢ | $28.99M | 43.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 386388 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 67.0¢ | 378127 | 1 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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67.0¢ |
Change
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| Open | High | Low | Volume | ||
| 67.0¢ | 67.3¢ | 67.0¢ | 262566 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
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