I agree, can't see that level in the short term anyway.... Not sure what my overal averages are as I have multiple accounts, but I know ones not too bad, but the highest isn't good at all. Still, I'm taking up the offers, maybe that will help in time
Personally I don't see us getting anywhere near to £1 per share based just on the current operation. Maybe this might be possible if the old mine is opened up or we see royalties from the new chemical process. Otherwise I'll be happy to see my average back which is currently around 14p. Worst nightmare is an early T/O on the cheap as I fear there may be enough new holders with modest averages who might take a 100% or so increase on current SP.
Then we probably agree that the macro picture is what is crucial, and that is out of everyone's hands except perhaps those at the controls of the money printing machines. As for 36p, that's roughly where I first bought in - Mcap of c. £50m. All being well on the metals prices front, a good run with the pilot plant with reasonable profit margins should see us halfway there, at least, IMO. Following that, I am loathe to predict too far ahead - one step at a time - but we ought to be several multiples of 36p with the full plant in operation, macro picture permitting. Maybe we will yet see MA's 1p to £1 albeit a devalued (consolidated) £?
3cb - everyone on this board contradicts themselves at some point, everyone reads what they want to see, you are correct my VOG holding is losing but at least there is light at the end of the pipeline ;) as I said yesterday I'm holding on to my lottery ticket just in case you're correct.
J99 - credit is due to the present management, I'm amazed they even pulled this back out the mire. Small op, enough for one months supply for the world dragged out over how many years or sold on, I see all that, what I want to know is how this gets to my break even of 36p which I'm assuming will be a ballpark figure for most.
I see your gut instinct was pretty accurate during the MA mess, so I'm hoping your current reticence is based more on the uncertain global macro picture and less on any mistrust you may be harbouring for our present management.
I'll second what another poster said about us being such a small operation that we are hardly worth the bother for the big boys, some of whom are themselves struggling to survive under a mountain of debt. I think our total in-the-gound (dumps + mine) zinc would only be enough to supply the whole world for just over a month.
And to think all this animosity stems from two rather silly and contradictory posts by your good self yesterday afternoon. If you really are invested and do not wish to see your remaining cash disappear then the only option for you is to sell and top up your VOG holding which, presumably, is also losing heavily. Then next year you can come back and moan about how well the rest of us have done by having a smidgen of faith in our investment.
Yes in another country you could have tied me across an anti aircraft gun and fired me to oblivion so I'm not that bothered if you have me on filter. I suspect though that you just can't resist to see what opinion I'm expressing.
I couldn't understand why I could still see old foxy, then I realised that FOX was actually F0X..... Now the noise has gone for good. Beware other BMR posters, this said person is like a dog biting your trouser leg, ie, it doesn't know why he's doing it, it serves no purpose but it makes you angry.... Answer!!!!! FILTER button, the best part of LSE chat
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