Two things can turn this stock around. (1) feasability study with greatly improved economics. We need high grade starter to pay back capex quickly. (2) market comes to it's senses and realizes that majors are eventually going to need to come to these viable projects with 10-20MM Oz Au and lay down the billions to develop. That might take a while. I really hope management is not burning through the cash they raised at $1.08 on regional exploration. A few million more Oz Au are not going to pull us out of this hole.
Fundamentals are still here. I have confidence next study will show more robust economics. Many holes with higher grade have not even made it into the resource yet. No choice but to batten down and prepare to pick more if it gets even cheaper.