Hi Alpha
The fact that they have forward sold the first 75,000 oz at the attractive hedge price of A$595 / oz should provide some insulation from currency and POG gyrations.
I agree the chart looks delicately poised but I'm putting my faith in the fundamentals (see yesterday's invesor presentation) to tip the see-sawing graph upwards in the lead-up to option-exercise date.
Not a stock for the faint-hearted though, LOL!
R/Gupper
GTM
greentech minerals ltd - tba
technically, page-3
Currently unlisted. Proposed listing date: TBA
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