IMO the only factor that counts at the moment is the commissioning of the Gruyere plant, followed by the reconciliation between what the studies say they will do against the grade, recoveries and ASIC that eventuate. If what is promised (approx $1100 ASIC and 150,000 ounces per year) does not occur the price will head south quickly.The recent share price surge is probably about having credible management and thereby belief in the forecast cash flows from Gruyere.
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IMO the only factor that counts at the moment is the...
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$1.59 |
Change
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Price($) | Vol. | No. |
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1 | 5848 | 1.585 |
6 | 54797 | 1.580 |
3 | 12049 | 1.575 |
4 | 31230 | 1.570 |
Price($) | Vol. | No. |
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1.600 | 5848 | 1 |
1.605 | 5848 | 1 |
1.610 | 8348 | 2 |
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Last
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Change
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