yeah nothing against the rationale for funds or future growth prospects. My initial expectations were around 30c-35c area (mentioned here a while ago) in line with Far East Capital’s 30c area & their TO expectation when PoG >2k & 4.55moz, reduced it to mid 24-26 post jorc reduction, pog at 17-1800 & dilution at 6 instead of 7.5-8c.
hey, as a holder with plenty on the line here I certainly won’t be complaining at .36 of course, be delighted instead
Clarity on aisc post DFS, change in gold sentiment when PoG goes back up & an increase in resource down the track etc would obviously help us get there.
no point telling ppl not to sell early etc here, we’ll see many ppl exit at 10 area both from recent placement & med term holders that are in red atm (human nature), some may be able to trade well & buy back cheaper & some will be lock) ed out of these prices & stau away/bigh back higher later. Good thing is it’s got plenty of catalysts coming through in 6-9 months (unless TO ofcourse).
WWI Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
(20min delay)