its because they hide things in the report. They havent been very clear on the pit instability/mining low grade ore issue
from memory due to the pit instability they would be producing below target for the 1st half of next year.
In this report they mention, 65-70kt for 12-18months....it is very unclear. Is that 65-70kt per annum or is it as it reads 12-18months....theres a big difference. Seems like there is an issue here and management are struggling to get on top of it, or at least get a full grasp of its impact.
I was actually looking at selling this morning, come home and realise they've been slaughtered. Defenitely going to become vulnerable to a low ball takeover at current prices.
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