Member Info for jw330

The broker has done half the job and had the audacity to post their findings! 😂 At these gold prices and dividend yield offered 70p is fair. If you account for location risks maybe 50p at a push.

Aside from charting you need to keep an eye on macros. Chinese insurance companies are now able to hold gold. The Chinese are long term investors and this is a shift in narrative of holding us debt. Large structural changes are happening under Trump and shouldn't be ignored.

https://www.mining.com/web/china-starts-pilot-project-allowing-insurance-funds-to-invest-in-gold/#:~:text=China%2C%20the%20world's%20biggest%20bullion,financial%20regulator%20said%20on%20Friday.

Gold is certainly a crowded trade but are we in the tulip mania phase? Don't think so....

Someone is buying in 50k to 60k lots. Price rise to come!

Share price has doubled since the beginning of year. Most 'value' investors doesn't like buying in when something has already gone up by a lot...give it time. The maths never lie.

Nice leveraged play this one.

Completely out of favour retailer with some debt. Two big holders fighting it out. GBP at all time highs vs countries in that produces the clothing. This should rerate quickly once next update drops.

I've added, still near 7percent dividend yield with more to come. Easy money

Ys reads like mine extension is nailed on. Just need the details of drilling to come in!

Everything looks going to plan. Awaiting news on mine life extension but so far looking very positive!

Thanks Mr Market I'll take some alongside the price appreciation later in the week 😉

Looks like traders are keeping this under 40p until next results. Markets spooked with a dropping oil price in the background.

Should be tomorrow or Friday. He has been pretty consistent for the last few years.

The prospects here look very tempting. Question is for the pros how much is this going to cost to get it to production? What are the implications on share price?

Higher gold plus lower oil. I can see Segun hiking the dividend payout again 😉

VP is the resident troll here engage with caution

Phase 2 results are coming!

Crashed 20percent yesterday. Could be top up opportunity coming up

No brainer to be in gold miners in this environment imho

Woke up to gold nearing 3.3k!

The only major risk difference is the jurisdiction. But as the CEO pointed out Nigeria is now a major oil and gas producer and you can't get there by being totally corrupt. I guess you need the right inside people and bribes to get business going.....