That is because the audience has not taken notice of page 23 of the presentation which shows forecast production for 2020 at 110-120k ounces at an AISC of $1200. Imagine what that would do to the share price when the AUD POG could be over 2000/ounce. But first we need to transverse 2019 when they undertake some capex, spend money, and prove they can process the sulphide ores at a higher recovery rate.
loki
Ann: Corporate presentation - February 2019, page-3
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