Member Info for Andrew4444

today. Interesting view. Especially at 8 min in. He could be talking about Xtract ! :) https://www.youtube.com/watch?v=H1t8_nOdRn4&feature=youtu.be

Weapon I guess its a matter of opinion. IMHO any sp that consistently moves up and down within a range is a traders shares until the sp breaks out. Two issues are being conflated, the excellent progress that has been made re fundamentals against the sp. I dont agree that Q1 will show this as a multibagger, infact I think that may well prove my point. I think the sp will spike on Q1 results, but by 3 weeks after, the sp will be down by 20%+ from its high spike. If the sp does continue to rise week on week, and breaks 4 p with minimal re trace than I will agree with you that its an investment share now. It will be interesting to see what happens. Just messing about $5K Gold! $1400 by end of year it possible though, some may say probable.

Tomorrow sees the start of trading of the Petro Yuan on the futures market. It will be interesting to see how that effects the $. It may well take a few months to have an impact but over the time it will put more pressure on the $ so Gold price may well rise over next 12 months. In addition,PetroYuan is backed by Gold (convertible) so that may also increase the demand for Gold from China? It certainly helps put pressure on the Gold price, although I accept, we can't know exactly what the impact will be. I'm going for Gold $5000 by end of year :)

Nightingale I agree with your analysis about the sp rise and lack of trust. I've said before that this is a traders share, atm, and has been for a few months. It wont be an investment share / recovery play until we see consistent and substantial alluvial income (not just CB talking the talk on pod casts). However, I think the market will be seeing that that by Q2 update (Q3 latest) and that is when we should see the SP consistently rise, hold and rise again (rather than fall and rise repeat). Re your last sentence, I dont see investing here at this price as a risk, far from it. It may not be about to explode(within 2/3 months) but I would struggle to think of a better share to buy in at this level. If I were you I'd would not be looking anywhere else to invest. You could add more now and even average down from 2.55p !! I would be very surprised if sp was not in double figures within 12 months. GL with whatever you do

StockLife Dont forget the introduction of the Petro Yuan on Monday. In time, that will put increasing pressure on the $. In addition, the Petro Yuan will need to be backed by something of intrinsic value, say like ... hmm Gold ! Imagine that, a currency backed by Gold ! Back to the future.

L200 Q4 results were 25 Jan so I am expecting Q1 results last 2 weeks of April. In XTR, If you assume things take longer than expected, you are probably more likely to be right :)

LS Good point. I forgot about the debt payment. I would be very surprised if Moz Gold income was more than the agreed min of 2.25Kg.......this quarter.

Ammu123 I agree, we do need to manage expectations. Moz only income will be the 2.25Kg that they have to pay us for the penalty clause. They wont of had time to process much more by end of March. Omnia dont start until After March so there income will be 0 As ever, it will be nearly all down to Sino for Q1. Q2 will be different, with much more income from both Sino AND Moz.

IMHO https://www.youtube.com/watch?v=UtKADQnjQmc