Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
With the increase in the gold price which now gives a very healthy margin above low production costs, then add to that a favourable exchange rate to the ZAR, all told there is a lot going for this company... HTH
Gold looks very likely to hit your target... Silver has a bit of catching up to do..
Your July tip for a rate cut is looking more and more likely...
Still looking good for a sustained rise here for next week... Barring external factors we sohuld be looking at 850 next week,
A couple of folks from the FED are speaking at around 1-2 pm today. I fully expect them to continue the word on the street this week, w.r.t FED rate cuts coming in the next few months.
What with these speakers and the data coming in the next few days such as the Non farms on Friday we should have a good idea of where things are going for the next few months, and therfore what we can expect from this share in the coming months...
Looking good at the moment.
3.2%!!! way above the consensus of 2.0%. As you suggest bonkers that is hard to take.
The consensus opinions whilst not viewing the actual data aren't pulled out of thin air, so 1.2% difference in the Q1 GDP figure is a big difference.
That will be due to the large increase in debt.
Good to see from buys going through at 11p. Another barrier that will hopefully be broken continuing the 6 month trend from the 7.5p days.
Things are looking good at the moment and as there is no more SA government interference the steady upwards trend should continue.
I would say so. Take a look at the trade price for the last 6 months and see the upwards trend that is in play. Then look at the silver price, then look at the comments from the FED yesterday showing the first signs that they may think the economy might be slowing a bit and hence that interest rates might not rise as fast as people were previously thinking.
All together good for silver, and good for this share. Buy on a dip.
at that time Mr Powell of the FED was announcing that the US is probably going to pursue a moire cautious strategy with rate rises over the next year. Positive news for Gold hedges and hence the gold price.