Yes, I think the turnaround has occurred and the sale of the coal tenements is another strong step in an increasingly positive future.
We patiently await news of reduced mining costs.
I don't think this company is in the business of talking it up, or rushing things to generate a positive news flow, so it could be quarterly reporting time before we get the next bit of news.
I think it will take a lot of positive news before this stock is seriously re-rated. One piece of positive news could be another $100 rise in the gold price... and I don't think that is too far away.
NGF Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held