Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Cine is world's second-largest cinema chain and have a monopoly such as tenet exclusive only for cine, no doubt cine sp will be over £1 next week by the look of amc sp they are more or less back to before pandemic or lockdown plus the chart of amc look about the same as cine.
the sp was over £3 there was 278p gap below need closing so that is closed now, then theres 234p gap blow need closing and now that closed now since 2 days ago, now the last gap below need closing is 161p from mid May, will we get there?
i will not be going to the cinema tomorrow as i got work, i will be going during the weekend and i assume that will be the same for everyone who are still working, i think this weekend the cinemas will be packed
with 5p rises everyday and by end of next week we should be at £1 after Tenet released which is exclusive for cineworld only, mind you AMC is owned partly by the chinese as you know the west is kinda funny with them if you know what i mean
I did some calculation to where the sp should be, Measured Total Mineral Resources is 413,000 ounces of gold, if gold price is at 1800 and I can't find the All in sustaining cost (AISC) of gold production so i guess 1200(which is twice as high than other gold proudcers) then the profit will be 600
600 x 413,000 = 247m and that not including the Mineral Resources for the other silver, lead and zinc
our market cap is currently at £66m and if our MC is at £247m our sp should be around 143p and that what i think this share is so undervalued at current gold price, sp was 160p when gold price was at 1350 back in 2018
I did some calculation to where the sp should be, i use one of the 4 mines where mineable ore reserves is 343,000 ounces of gold, if gold price is at 1800 and All in sustaining cost (AISC) of gold production at 600 then the profit will be 1200
1200 x 343,000 = 411m and that not including the ore resrves for the other gold and silver mines
our market cap is currently at £159m and if our MC is at 411m our sp should be at least 359p and that what i think this share is so undervalued at current gold price
the ireland gold project its a MONEY PIT unless you are a very large gold producer like barrick with money to throw around, because there are too much red tape and all the health and saftey regulations BS etc plus the salary for miners in the western countries like ireland is 10 times higher than in south america, africa, south east asia etc there is no cheap labour here because of sick pay, maternity leave, holiday pay, benefits etc its a money pit waste of money and time, unless the price of gold increases to at least 20k plus in the future