It was a nice try but the tongue-in-cheek apology followed by a subsequent vindication has fallen somewhat short after the Jord upgrade was largely ignored by the market.
Guess without your "I told you so" moment arriving I'll just have to take your apology at face value. You're forgiven sales. Simply a matter of your ambition outweighing your talent.
It's going to take a lot more than resource upgrades for big Sp movements for us. It's going to take big profits now. I don't think even mining alone will do the trick as the deals with Bayan offtake and pricing create some question marks over what kRl will actually be making per tonne. I'll be looking at the quarterly financials as the game changer and the place where market perception changes.
Hopefully the buying this week that followed some kind of leak won't result in a subsequent dumping over the next few days as the buyers who thought they were jumping in before a boom realise it hasn't eventuated.
KRL Price at posting:
15.5¢ Sentiment: None Disclosure: Held