RE: RE: RE: Why so little movement?Well, Well,
Looks like ANX might finally have the mill running to an acceptable level.
Just need to see that it stays that way for a month or two to build some confidence in that part of the operation.
They seemed very keen to get the production numbers out, yet didn't give any indication as to what the actual cash cost per ounce was.
Really need to get the whole picture from them before anyone can truely say they know what's happening at PC.
Once they tell everyone about the mining grade, dilution, cash cost per ounce etc then things might look much better and the shares might get re-rated accordingly.
However any re-rating will be less pronounced than it might have been because of the share dilution that has taken place over the past year and increased debt levels etc.
LOTM