Good posts.
Syama is due to hit full production in June and from then on can be compared against other producers most of which will have far higher valuations ie NST. Once full production is maintained do posters really think new buyers will care about hotcopper squealing about what happened 2 or 3 years ago? So all I care about is whether Syama targeted production is going to occur and assuming so then the market can forward look at other re-rating events such as increasing plant capacity, low carbon roaster installation, Bibiani etc.
So here we are in a lull waiting for confirmation over the next 3 or 4 months. Once we hit targets a world class, fully automated, low AISC, long life mine awaits holders and that surely means a re-rating from a forward looking market.
Ravenswood has it's challenges, but an AUD gold price of $1,850 is exactly the best scenario for the company currently.
I can't believe people hear are arguing about smaller details whilst ignoring the bigger picture.
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