focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
If you are on Twitter you can follow AIM Alerts, that give you al AIM RNS's as they com out.
On Telegram, sign up to Yoizer, which does something similar but only to companies you subscribe too.
Both are free. Thank me later :P
Palladium is only going to go higher than $2300. Bank Of America are predicting $3500 and that will be on the conservative side too, to help out their mates in London who have vaults full of phantom bars.
$4000+ would be my prediction and that’s not taking account of speculation driving the price up to.
So just say for a nice round ‘low ball’ guess that after our $350/oz costs, we clear $3000 profit.
Once we get the flanks rubber stamped, we are then entitled to apply for a further extension next, brining in approx 40 million oz.
40 million oz X $3000 = $120 billion
That’s just for MT too, so we own 80% of that so that
becomes $96 billion. Converted to GBP, we get
£74 billion
Divide that by 2.8 billion shares and we get £26.40 per share
Now I’m not saying we could sell it at the full amount. Let’s give the buyers, a 75% for cash. We then get:
£6.60 per share
This is why people are desperate to make you panic sell. They want your shares cheap!
Hold tight, remember the Lord Of Patience has our backs
You can tell who are the shooters and who are desperate to find a cheaper entry point, with all this crap going round.
Micheal Hammond weekend tweet, stated that:
CITIC have signed (suggesting a deal very close to sell)
& that there are AT LEAST 3 different bidders from Russia, South Africa, and a very vague 'Asia'. I suspect a Chinese bidder and another from elsewhere, India...?
BIDDING WAR is why those that are out (or short) are desperate.
This is all great news for shareholders
And the main daddy benefit of them all "compounded tax free benefits" year after year.
Like compound interest on a credit card balance, compounded zero tax on your profits reinvested becomes even more zero tax profits
You can only put 20k into your ISA every year. You can buy/sell as many times as you want inside the ISA. If you ISA doubles and you sell, you then have 40k to buy other shares etc. If they double again too, then it's all tax free. Anything in your ISA will always be tax free and any profits made tax free.
Ideally it would be great to keep all you ISA profits inside the ISA and reinvest, so that you get tax free profits for eternity (*or ISA's are outlawed lol)
I think years ago it was classed as Dividend Tax, but now seems to be included with your normal income, and paid via Income Tax. Which means that you could potentially end up moving up to a higher level Income Tax bracket.