Unfortunately this looks to be operating cashflow only, being within the 15% capital rule of not requiring shareholder approval. Regardless you are right, it will be the first opportunity to see his handywork.
I think Management have tried everything possible to lift the SP, from announcements on air linkage testing, Wandoan JORC, advances at Kingaroy and mineral F, all to no avail.
I can therefore only see this raising around 7 cents, 8 or 9 cents tops, as the performance of the SP does not warrant anything more.
Can someone prove me wrong with a more positive short-term outlook?
CXY Price at posting:
9.6¢ Sentiment: LT Buy Disclosure: Held