RE: Future Price25 Jul 2020 09:32
Davis_10, just my opinion and as a small PI who struggles to make it even in a Bull Run in gold and silver presently. LOL! Can I say firstly I see FAF through the eyes as an ex-Saffer.
Things do not look good in my country of birth. That anc government has destroyed the goose that laid the golden eggs. cyril is a spineless wolf in sheep's clothes, so beware. They are hell bound to expound their communist doctrine and power for them is primarily about how to line their own pockets. So what I am saying is that to fill the piggy bank, excellent assets such a PAF will probably become nationalised at some point. After-all, they are jolly good (experts in fact!) at converting something functional and excellent into a pile of nothing. Nationalisation must come in the next 3 years?
So there is still time to make a buck or two here, as the POG keeps rising there is no holding back here , sp must rise and a healthy Divi will be there. But longterm, poor old PAF as a success story is doomed. Mining has wained away in SA. All other major miners have moved on Harmony, Ashanti, Anglo etc....