Not that it matters but average is around 18c now. The company is cashflow positive so unless the gold suddenly dries up then there is only one way for this to head. As for your failed strategy I'm not really interested in hearing it as if you did the opposite of HC sentiment as you mentioned you would have bought gold stocks a month ago when they were all down and made a killing... I will note one thing, if your disclosure is held but sentiment is sell then how is that so?
Only a few years ago this company booted out Gutnick and sold shareholders a vision of production at Wiluna and returning the mine to a profitable state. From the initial dip to 5c and short covering of funding they've only gone from strength to strength and have achieved what they set out to do and at one of the best possible times to do it. Did they need any further capital raisings this year as people were suggesting? No they didnt. They're on track for FY 16/17 to achieve stated production targets and the future is looking better and better.
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