RE: RE: it's the end of the QTRhere is one of the reasons I'm investing in this one:
before the rainy season, ATK pushed it's way up to 18 cents. OK, maybe it was high, but there was a reason that the market believed it was worth more than 8 cents.
The only thing that had really changed was that the road bans came into effect and the rainy season extended well beyond what is normal.
Now, the rain's over, road bans are off, and they're starting production.
A few weeks and we'll have a lot better idea of what kind of flow rate we get.
Really, this company has a lot going for it and will have cash flow very soon. This is important because (and as I talked to Sean Kehoe about), this thing is diluted way to much as it is.
I have to say, I agree that 12 cents is a lowish target even for fairly short term. But I think that's mostly because we're further than we are before the summer and the price is about 1/3 of what it was before the rain fell.
Just need a good NR about flow rate and then we'll be around the 15 cent range. But whatever, I'm just more bullish and optimistic on this one. I like it.