RE: I know this will be like looking into a crystal ball but just2 Jan 2021 17:48
Ohmetoe Think you will find we have pretty much cleared the seller and normal market conditions will now apply. So how would i value my investment here , that is not easy with out knowing what PL,Trafigura are looking to accomplish over the next few years ( i would like to know there ambitions ). If we look at PPC and digest the last say four years of RNS's it's easy to understand the poor performance of the SP and why they have lost that zing that keeps investors / punters bidding for stock ( hindsight is wonderful ), couple up that with the macro environment in Argentina and the last few years of Trump's disastrous foreign policy ( America first and frack even when they are loss making to crash the price of POO ) and then covid , you could say PPC has done well to survive. So what am i to deduce from all this so that i might finally make some money by investing here , well personally i see a company with ambition and drive at the very bottom of there cycle (low MC) with infrastructure in place to control costs( new treatment plant so still improving) , a willing partner in Trafigura ( an international commodity trading and logistics company with extensive interests in the energy sector and whose reported turnover in 2019 was some US$171.5 billion ) and willing to take risk ( Paraguay exploration well and drilling program for 2021 in Jan) So for me i see value down here as this could be a wild ride for the next few years with the possibility of some exciting SP moves that will entice traders and new investors. All aboard for a prosperous 2021.
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