Forget the downrampers and uprampers from this forum. What is...

Forget the downrampers and uprampers from this forum. What is the market saying?

In 2 days we lost 30c, the 'update' caused a recovery of just 3c. The market is saying this company stinks.

There is no question these guys have screwed up big time.

Ramp up issues are to be expected but they continually told the market everything was fine. If they had promoted a gradual ramp up none of this would have happened. Under promise and over deliver has always been the way.

The fact that the share price drop was vertical demonstrates how unexpected this situation was, both to them, and to us.

The issue is the problems should not have been unexpected, they had the info, they would have known the grades going through.

So it boils down to this; they either screwed up their ramp up timetable or they screwed up the resource.

They are assuring us the resource is fine. I hope so, we've got another 2-3 months to wait now before we'll know for sure.