to be fair ..3 Aug 2018 14:14
most mining stocks have taken a hammering last 6 months or so, more buys than sells now today and down 1% live prices.
Has to reach a bottom at some point, the 'buy low sell high' phase springs to mind.
lets say a fund raising did come, although they have said they don't need to do this, it would prob be 25p zone, at they would have invested knowing there is a big discount at that price. So being able to buy down here does seem a good bet, although I imagine there are many now under water here?
ALL IMHO
What are peoples averages here now, if you don't mind me asking, as things stand I'm 5% down over all.