Expect a rebound16 Feb 2023 06:51
Some good research on this board and yesterday’s further slump makes this stock even more attractive. The board seem to be very complacent in playing down below target performance but this can change rapidly. I expect the headwinds to be carefully navigated and for momentum to grow over the next month - we shall see but a recovery of 20% on the current SP should see this back up at 11p -11.5p. Target SP by Berenberg was 19p and management feel performance was in line….”Leon explains how they managed to deliver such a good set of results, considering the South African power situation at the moment, how Zambian operations were affected and how they addressed the challenge, plans for cobalt and what lies ahead for Jubilee”.