1 month isn't very representative of AISC especially when the strip ratio is so erratic. BLK should have a few more decent months ahead but I wouldn't be annualising the current monthly profits when valuing this mob. Next couple of months will be pumped up with positive anns big time as there will be good money made but don't get too carried away and lose the house... Here's an analogy of where the company is at - they've just walked 3 weeks through the desert to get to a carton of beer. They're just about to finish the second 6 pack and everything is rosie, but soon enough they'll have to embark on another gruelling trek.
Could be worth a punt at current levels. If forecast numbers are achieved then you will be rewarded but I and many others have serious doubts about BLKs ability to meet its targets
BLK Price at posting:
4.4¢ Sentiment: None Disclosure: Not Held
