From RBC research report, page-79

I'd have to agree. This is not the type of stock you hold in a super fund waiting 3 years for good cashflow. Really still in the speculative space and can't expect people to wait 3 years expecting the present MC to be at what 400-500mil with no news ?

Feels more like a lot of holders in the past couple of years have an average of around 21c so any movements in the 10-20 percent range higher than this get sold into without some sort of future amazing news to push it past this.

They really need to get a move on with some of their other projects. Easy target outside WE should be ramping up finding more gas for the power plant they bought with more gas so they can get it to 100 percent capacity but its all quiet in this space. What was the point in buying it if they do nothing with it