I think holders have reasonable grounds to expect solid progress from the OGC following the issues encountered mid-year. In particular, I'm keen to see how Haile is tracking. The PH seems to have quietened down some. Either way, as Haile pumps out more ore, the company becomes less reliant on the PH. The shift to underground mining there was a prudent move.
The company is well in-control of its debt and will continue to pay down this over the coming year. AU price looks to have recovered, and this has had a flow-on effect on the SP.
GLTA
Baron
OGC Price at posting:
$3.44 Sentiment: Buy Disclosure: Held
