If production targets are met or are close to being met this has been oversold to buggery. I still can't believe the extent of the sell down. Assuming all remains on track for rest of the year and with IO price hedged at $120, this could be debt free by year's end with everything else coming to us after that. I'm trying to average down now. I'm bloody annoyed I have lost a bundle on paper but will get it all back and more providing there are no major surprises ahead.
WDR Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held