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  1. 5,393 Posts.
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    A really positive result will see good cash made by holders at this level. Company saw 4 as being a fair result for where’s it at now- and most calculations agreed with us producing and making good profits.
    So under reserve at moment and there’s really not much in the queue to get through- so should easily take out the 4s on a good run- and with company producing, making solid profits, paying back debt,etc, it should just about rerate to about 5 conservatively if the results are good.

    Anything better and it’s game on-
    #Strong management
    #Low cost producer
    #Low debt
    #Strong long term potential
    #Great Resource
    #Company management eyeing expansion through extra resource expansion and acquisition.

    Prime takeover potential, excellent expansion potential and working its way towards being one of Aussie’s newest mid tiers... sp valuations then anybody?
    Might be a great Xmas- Good luck long termers- hopefully our patience will be rewarded!
    Last edited by Kotaredrew: 28/11/19
 
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