Ann: Diggers & Dealers Presentation, page-116

It is a very poor performance no matter how you look at it, has the looks of a little engineering going on and not to the rule book perhaps, within that sometimes the market gets it a little wrong and panics a bit and overshoots, I would not be surprised if they were looking at the circa 25c for a CR and now have to wait it out for a bit of a gold recovery and second half general improvements, if they hope to peg it at a reasonable premium and come near to NST's 30c. All IMHO.

Cheers
Phil.