Yes, interesting day. Hopefully this is smart money starting to pile in. Getting towards reporting time. They ran the mill up for a month during this Q so would expect around $8-$9 mil cash from this. Royalties might bolster this a bit.
Can see a significant rerating if and when (more when than if) Cimatu gives the thumbs up to the ECC amendment.
More positives in the reduction of costs for the UG project. And there is the tasty morsel they threw in the last Q report hinting at a "strategic alliance". Have plenty of upside in exploration when the program returns to full swing.
So hopefully this sudden interest is the real deal.
Yes, interesting day. Hopefully this is smart money starting to...
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