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i think you have raised a good point there, oct 22 will be a time to either hunker down or sell out before. Alot of the lock ins are 1 year and if its still a 7 or 8 bagger.....there will be inevitable profit taking. all eyes on results at the mo
how can you even predict what profits might be when you are not even part of the business and have no idea what the expenses are? How can you predict what the met coal price will be in sep.
Lets see but I personally think there is a few expenses to be reported in the accounts which people are not accounting for. Nothing wrong with the stock in my opinion, but I think we have all been spoilt by the run upwards. This share was 90p a few weeks ago. A lot of good news since then and the price is now 70p. we will see 60p before we see £1.
Just my opinion
Amazing to see how everyone is posting about EBITDA when no one has any idea of the expenses of this company. We haven't even seen a previous set of accounts so anyone estimating what EBITDA is is just being wreckless.
I think you wont see any real movements until the accounts come out.
I totally agree sym, problem is in this group the punters are totally blinded. Same comments day after day.
It will be interesting to see how all the works to the mine have been recorded in the accounts, if it's capital it will help on the bottom line, but I suspect there will be a large number of running costs which people have underestimated. No one knows the net margins, the gross margin is frankly irrelevant.
can you post the podcast please
some headwinds here and tbf looks like alot of news is already baked into the price. before rail road and this rns sp was 90p, now 79p.
Coal price dropped $100 a tonne, looks like this will settle then maybe move up from there
30p is the buy price and the idiot kamani family need to go.
They might even look to take it private.
Unfortunately this is what happens when you flaunt your wealth, take your eye of lf the ball and treat your shareholders with contempt
Broker rolls
I think luqs786 is doing job filling in the void that haggis left, repeating the same information in his previous posts every half an hour, he was predicting 110p by the end of this week this last weekend.
You have to love the people that copy and paste the text of the rns into the chat.
Reminds of that university student who would pick up the pink fluorescent highlighter and end up highlighting the entire page of the text book.
people want to buy at the ankles and sell at the head each time they do a trade. Doesn't work like that in real life. If you made a profit be content and move on or buy back in if you think more value is yet to be had