Bullish Sign? - Bounced off 200 EMA, page-2598

Hello Patterns and Parma  and People in general,
Good news IS coming and I Predict the Price will Perform Perfectly and is already doing so for the ones wanting to acquire at these levels “before the next leg up .”

Shorts waned to 7.45% on Friday ....lower than in months .


And I was thinking ( !!) if full year revenue is expected to be $1.1billion and we are on target for $500M for the half year that means during this current six months we only need everything to stay constant revenue -wise and then add an extra $100M...

And we already have added FMG earthworks at Eliwana and Rio Koodaideri earthworks worth $57 million and $65 million respectively
And we are likely to get Package 3 at Carrapateena - $50 million if we haven’t already .....which is a total of $172M


And the rumoured pending contract will surely push us over $200 Million of new overall revenue ?




And then ....assuming they are all one year projects.... we just divide by two and that gives the extra $100 Mrevenue - ‘just like that !’



While this seems essentially correct I do understand it is more complicated than my simple figuring wants it to be - my ‘constant’ revenue hourglass model has leakage because at least three projects were completed or are due to finish .
-Argyle trial rehabilitation - 7M
-Carrapateena Stage one - $111M (https://blog.plantminer.com.au/oz-minerals-invests-916m-to-carrapateena-mine-development)
-Marandoo - due to be finished in February - $37M

That’s $155 M of non recurring revenue there....


Still if that is all we are still in front .....
And. NRW wouldn’t have said it is expecting $600m of revenue in this half if it didn’t think it could get it .
Cheers