What would constitute a good quarterly result? and what would constitute a bad result?
Is a disappointing result already priced in to the share price?
or is the share price just gun shy after last quarterly?
Any thoughts?
My thoughts are that if PLA had achieved its expected production targets of around 20-22,000ozs for the December quarter we would have been looking a at share price of 140c+ with that in mind I believe the low share price at present is partly influenced by the under performance for the last 2 quarterlies, the strong possibility of a disappointing quarterly that is coming out (based on comments in last quarterly)and that some investors are a bit gun shy after the way the PLA share price has behaved over the last 12 months. People are not wanting to jump the gun on this one again.
So what would be a good result?
I would be very happy with;
Production 14-16000+ ozs
Confirmation that the pot hole issue was behind us and that it would not effect future production.
Confirmation the industrial issues are behind us.
An indication that this quarter was back on track and that we could expect production to be 20,000+ozs from now on.
This last one is what would see us back over 120c IMO
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What would constitute a good quarterly result? and what would...
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