Ann: Investor Presentation - August 2018, page-7

I think the downturn is because of the gold price around 1200, a turnaround and back towards 1300 will put a stop to selling on the stock.
Cash is always King, 100 mil in the kitty is very nice.
I couldnt see single digit share price or even teens but i agree they need to buy a close to production asset or new lease with jorc close to proximity. I haven't researched what is in their area.
Im no expert but i watched NST come out of the doldrums from 35c and it eventuated from good grades, mine efficiency and then Cash in the Bank which led to buying good cheap assets that really got them rolling
The AISC is not pretty but they have about a years worth of gold production covered with a good hedge price so hopefully gold price can get back up within this time