Gold price, page-32

our gun underground miner and executive director presumably didn't negotiate the terms of his incentives in the absence of information or just by having a blind throw at a dart board.

Valiukas likely agreed to such incentive terms after having mustered as much information as he could because he thought the metrics are doable. As did KAU.

which makes your suggestion Tooheys8 about a "serious rerate" perhaps something of an understatement. Holders might enjoy the mother of all rerates.

once again, the actuality of the situation might fail to reach those key metrics or overshoot them. If the former, holders could see strong SP support anyway, if incentive targets aren't quite met. If the latter, massive rerate of SP plus likelihood of big dividend or capital return.

dreaming? Quite possibly, but we'll know for sure within two years.