The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
why?
what are HL likely to know
Sit back and collect dividends and don't worry too much about the daily gyrations
I view a miner simply as a leveraged play on the PM price with the potential nice added bonus of sometimes paying a divi so in effect you're getting what the physical metal can never give you which is a yield
Just hold folks
Its a well run company that is paying a rich dividend. Dont be a forced seller.
500p appears to be new maginot line but for how long will it hold
My feeling is this will drift into the 400s, possibly the lower half, before any sort of sustained recovery takes place