If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
Who was the guy who said this would be out within a week?
Attending an AGM is not in breach of any sanctions or any UK law.
The new CFO bought £200k + in shares because the remuneration policy dictated she had to. However, they will think longer term and expect the SP to rise well beyond £8.70 by 2025 when her performance related options expire.
There was a hint of life today.
Given the guidance of 66,000 - 68,000 output for the yearly output and with a PGM basket price remaining the same as Q3 of $3,327, the revenues will be between $59.2mm - $65.8mm. EBITDA will be approx $40.3mm - $46.9mm given COGS are $18.9mm (this is slightly above Q3 COGS). Taking net profit as an estimated % of Revenue and EBITDA I estimate net profit between $27.4mm - $31.1mm.
Rhodium price is expected to increase as it enters a supply deficit which means the basket PGM price will increase too, not necessarily affecting this financial year but will do next year.
I take pleasure in calling out ridiculous statements such as "hedge funds probably piling in" which was paraphrased by someone last week.
I called the share price as I saw it and I was fortunately correct. I'll still call the share price as I see it.
Buy under 5p.
I was here when the SP went up after the court date and correctly predicted it would spike early morning and then finish around 7p and then the next day finish in the red.
Maybe you need to go back to the drawing board on the conspiracy theories.
Regarding my agenda, I've already stated what I want to achieve. I'll buy in below 5p because that's the current fair value given the headwinds. I've already stated I think it'll rise above 10p within a year.
I don't think I've hidden anything, it only seems people dislike my opinion because I'm not saying it'll be 20p next week. That's what happens when you buy in the hype and on a spike, it leaves a very sour taste in people's mouths.
Frankly, there were multiple people stating in such words that this was going to fly and you would never get a price below X again. Where are they now? FOMO has humbled them.
I'm glad we agree on something though, there are multiple headwinds that this company has to navigate before it even gets close to 20p.
Buy below 5p and you won't sit on a loss for long, unlike most here.
Looks like we have our first investor who bought on the spike last year (close to 25p probably) and doesn't have a clue how to rectify the situation other than hope.
Do you feel silly listening to "we're going to the moon" only to realise, a week later, you're back under 6p?
The true reason why people want me to be wrong is because most thought this would "head to the moon" and its massively failed to live up to those expectations. It also doesn't help that those same people bought in on the spike and are now underwater and are getting nervous when someone says 4p when they want it to be 30p.
My two previous predictions on the day of court case and day after when it started to head south were spot on. Do I think this will head to 4p? Probably not, but it's valued no more than 4p atm. Do I think it will spike above 10p within a year? Yes.
This share can be read like a book. The fortunate thing is far too many newbies here who got FOMO and are now panicking. Perfect opportunity for those who are patient.