RE: maths for dummies12 Feb 2020 17:14
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