G’day, cobbers - the bid shenanigans will sort themselves out – let's stay focused on the fundamentals.Apparently some of the biggest funds in Australia are hoovering up shares.
7% with the arbs, who are selling now because there are no further bids from the current bidder.
150,000 oz pa present run rate.
Currently crushing 4.9 million tons -with Matt at the helm, and what has been announced they hope to take up to 5.2mill tons.
This would be a 6% increase up to 160k oz.
Anti dilution will provide an extra half a gram grade.
Crushing 5.2 up to 5.5 will take it up to 170 to 180k ounces -180k oz by the end of the year.
Mining APG on the Abujar should bring it up to 7mill tons.
5.5 to 7mill throughput should bring production up to 220Koz
A$2 a legitimate target for the SP
March quarterly should provide interesting reading
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