Member Info for Elllltelinv

The results in the second week of March will do the talking.

Based on realised prices being much higher than the cost of production we should see new heights reached.

Realised prices in 2025

Gold - The average price of gold in 2025 was £2,608.22 per ounce.

The high point per ounce of 24K gold during 2025 was £3,358.45 on December 26, 2025.

Silver

The average price of silver in 2025 was £30.418 per ounce.

The high point per ounce of silver during 2025 was £58.729 on December 26, 2025.

In the results report ed in March 2025 the realised prices for increased 21.7% from US$23.6 per ounce in 2023 to US$28.8 per ounce in 2024, while the average realised gold price rose 25.3% to US$2,453.6 per ounce. The average realised zinc by-product price increased 8.7% to US$1.28 per pound, with the lead by-product price decreasing 2.7% vs 2023 to US$0.92 per pound.

In 2025 the prices have risen more and therefore the March results should propel Fresnillo to over £50.

The results in the second week of March will do the talking.

Based on realised prices being much higher than the cost of production we should see new heights reached.

Gold - The average price of gold in 2025 was £2,608.22 per ounce.

The high point per ounce of 24K gold during 2025 was £3,358.45 on December 26, 2025.

Silver

The average price of silver in 2025 was £30.418 per ounce.

The high point per ounce of silver during 2025 was £58.729 on December 26, 2025.

At a £1175 ($1,587) and £1249 ($1,687) per gold equivalent ounce for costs

Dark -

Good document.

Realised PM prices should be higher and revenue even better.

Clearly Fres is a top tier company to hold in your portfolio.

Today’s news on the acquisition is actually positive for better gains for the longs

Glencore is definitely attractive but BOD rejected the takeover offer - simple.

All miners affected by commodity prices

Once the lower margin calls are done the price will reflect the supply shortness and correct itself.

Thanks Casapina

Have you done your analysis and determined a value equivalence for Glencore?

Currently the company is valued around £58B.

What will an offer in Rio shares look like to you?

The earnings for 25 were forecast on much lower PM price so when Fres report 2025 figures the actual and much higher realised silver price will determine revenue. Analysts will then revise upwards the sp.

The fundamentals are what we need to bear in mind

After this flip down it will rise

Doubtful if an extension will be necessary - deadline of today.

There have been so many games with AZ that I have zero trust.

Just the BOTs at work.

Sp will rise as gold and Silver are rising.

Higher staring point

Earlier starting point

If margin call nonsense is repeated then last week of Feb will see a dip again.

Rio takeover offers multiple advantages so Glencore shareholders will want a good offer - something with a 6 at the beginning

Strong performance expected

Fres continues to recover to recent highs of £45

Should break £43 this week

His foolish positivity cost us on paper 98%.

If he can give us a 20 bagger then he might be forgiven for the current deficit.

Mid Feb £9

Expecting an upgrade to £8