morning to you A9x, It may sound very far fetched in regard to...

morning to you A9x,

It may sound very far fetched in regard to say getting 1-2Mt
io exported to china from current position, but given a share consolidation they will be able to raise big money without hurting its shareholders by diluting too much..
all they need to do is deliver as you say, and a rerating will happen...
If they can get 2 mines and have a 3rd one in the pipelines with current cash outlay, imagine if they were in a much stronger position..
we would be looking at a compounding growth..
market wants an ann badly, and details for costs etc.

share price has been steady for past 6 weeks.. If tey were to take the approach of having lower price to take effect of the consolidation then the price will be around 3-4c mark for another month... Also they would ann the selling of ore as close to the meeting as possible so they can have the 5 day average price as low as possible..

ann end of janurary in regard to shipment looks more likely. imo