I might be contrarian here. I reckons she'sgot legs.Sydney Guy...

I might be contrarian here. I reckons she'sgot legs.

Sydney Guy did some good analysis about the AISC and associated cashburn a few months ago after the Q3 release. It was Pretty much on the money and picked Q4 results like a dirty nose. My view is the market has priced in that logic for a while.

More recently there's been a consistent approach by management to serve up good news. This makes me think they are looking at shoring up the share price (probably with half an eye on a CR). Price action has been fairly resilient for weeks, indicating that holders think the worst has passed.

fFom here, I believe 30 cents is greater probability than 18 cents, giving 25% upside for traders. For an investor, a production quarter in line with forecast could see a run to 40c-50c.

At some point Canadian operations need to be addressed - maybe an asset sale, maybe things can get rolling.....again, I think probability is tilted away from more negative news. Worth a punt.