Standard breakout and now retest of the breakout.
On final award of the ML and likely gold loan with it, technical target zone 8-10 supports the likely fundamentals initial re-rate. Beyond that it will be driven by forward PERs based production rate, cost of production and AUD price of gold cos that's all we are interested in.
My call 2.0, 2.5, 3.2, 5, 8-10 as we get the approvals triggers etc ..... then thru 11+ and we will be considering the ATH 29 and beyond in the production phase.
If u took these up at 1.0 why wld u be complaining now?
Patience will be its own reward.I have put my money where my mouth is and now looking at other things while waiting for this one to do the time.
Am expecting a serious winner here, and based current AUDPOG.
All Xmases at once if/when we get the new primary fifth in USDPOG confirming thru 1365+ IMO.
Opinions of course.
This time round have focused on five likely development plays from their lows.
This is one of them.
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