Personally I think its all got to do with All In cost just below US$1000. I think many had hoped for better and we look that much weaker at that cost level. The currencies are fine to quote but they buy and sell in US$ and in fact I was surprised they could not have dont a bit better in forecasting the ongoing cost expectation.
New CEO or not I dont see many wanting to sit here and tread water - The Share Price is a responsibility of management and aligns the objectives but really a 50% increase from today's price is only 45c. Personally not a happy shareholder. I think its time for delivering facts and I am now becoming suspicious that they have not completed the ramp-up and we have a few issues.
Would you be adding more without any information. I would rather they had said something re ramp up every two or three weeks. News drives price and consistency drives value.
Ann: Quarterly Activities & Cashflow Report - 30 September 2014, page-17
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