Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
It does really seem the BoE are on a suicide course...
Can't see any meaningful market rally in UK, with the GBP so strong.
RazorsEdge
Is it because of Brexit that you keep posting European news?
Failing to appreciate the painful irony that your own behaviour should point to the same lack of love and attention you claim I've been subject to.====
I am not you mum.
Jammin86
That is because you don't understand what you mean, in the first place.
Posting messages just to prove someone is wrong, and worst adding "Lol" goes a long way to show how much lack of attention and love, you must have gone through at younger age.
Let it go and you'll find happiness.
For the first time...........
The dots meaning what you say.
DYOR
Watching USD Index trying to go below the 100 mark for the first time....
POG will go sky high soon....stop wasting time, get in the HUM train is about to leave the station...
The USD Index 100 mark is imo a very important psychological support for the Dollar....
Without going in too many details...
After recent stock market rises, HUM imo is still very much undervalued, recent drop back to 12p a fantastic opportunity......
For the patient trader a potential here, to make 3 to 4 time returns by 2024 with POG at current levels.
Not many share out there offer this opportunity.
Earlier on I was reading expectation for this to re-rate out of Q3 results, but HUM sp wash above 20 just a couple of month ago....
SP will be very volatile and move quickly up or down (very much up from here imv)
Can't see why we couldn't retest recent high with H1 results and not sure if Kouroussa mine ramp up news, will be released together or separately from H1, I would rather have them together, it will make a good reading..
Market cap at £80 million when with debit paid down will be 4 times this sp in 1 year time, add to that POG very much bullish for the rest of the decade.........lol
For the sake of disclosure I am not invested in CEY, but another gold miner....
I am looking at USD Index reaching new lows but still above the 100 marks
and I wonder if there is also a psychological factor involved (100 been a numerical anchoring)
for the USD to hold above that level......for now.
Anyway USD having one of the fastest drop of recent, bodes well for higher POG.
BushyTailed
no offence but....ghisa livei'ou on techs.
Please explain how, a trendline of rising low can met a lower price ?
Rising lows or for that matter rising high, implies an up trendline hence higher prices.
Anyway HUM train is leaving the station, hurry up all on board...
Bonker99 I am dealing with it...
I am replying to your post and just saying that message like:
Now they're going to need to pump #Oil to boost inflation back up....
Are misleading, but this doesn't mean that gold price is going down .
Please use your brain and ponder a bit longer before jumping to conclusions bro..
With all due respect, any Twitter news are for investors not older than 16 years.
Not that I care particularly but I really hope to be invested together with more mature people.
Mind you there are also conspiracy theorist older than 16 year..
==================================
Phrases like: Now they're going to need to pump #Oil to boost inflation back up
==================================
Are not based on facts, but theories and when we enter the realm of theories wow........everything and nothing is possible. Good luck with that.
The fact is that after pausing rate rise in June, the Fed was expected to rise possible another 25 BP in July.
The market had priced in this move on many commodities and currencies and now the opposite is happening.
Great new
Inflation easing to 3%
https://www.investing.com/news/economic-indicators/us-inflation-eases-to-30-in-june-3124109
..and ditto USD Index down and POG up.
No way there's going to be talks from the Fed. of rising rate till next month, by which time HUM will have published H1 results, and update the market on Kouroussa gold mine ramp up.
Tremendous entry price at this level for a short and long trade.
Long trade that is if production and profits at Yanfolilla are same as previous 2 quarters.
Looking forward to the news
Tomorrow is a big day for POG and the USD.
US CPI numbers will be crucial, with already expectation for a slow down if not pause of rate hikes,
any CPI coming lower that expected, will start the gradual process of new QE down the line.....
Lots of cash have and is still been taken out of the financial system, growth will be hit harder down the line and the USD Index is at a very interesting support level......though on that we have seen many times indicators having opposite reactions to macro financial data.
I know is a bit ramping up the share but can't help it.
Have topped up toady....Have the feeling we are at the bottom here.
End of July H2 results will provide great reading and updates.
POG is on the up after some Fed officials have signalled the end of monetary tightening...
https://www.investing.com/news/economy/dollar-slips-as-fed-hike-cycle-nears-end-focus-on-us-inflation-3122824
..indeed many gold miners are very much up in the last days..(but this is short terms)
HUM sp does seem to be very much at rock bottom support....all will be revealed, finger crossed.
DYOR
All correct EarEyeAm
but still to be ascertained is, if the spokesperson from MIIF has the same opinion on the meaning of "about to" that you have...
Its a case of how long is a piece of string...
What count for me is that its very affirmative, a statement like "We are about to invest in a company that has discovered lithium in economic quantities in Ghana", means that ML is already granted.
Awaiting for seismic and exploration results .....
Good find GP
reading between the lines, MIIL is well in tune with ALL recent DFS....
It also appear that plans to create a vertical integrated value chain in the green energy space, are more realistic now....starting first with feldspar and ceramics and maybe later on, when ALL will prove double and more its reserves, who knows maybe building a battery factory in Ghana?!
On listing on Ghana exchange, it looks is not necessary an obligation, but I suspect if the BoD of ALL would become more Ghanian represented, then it would make sense, same as Asante Gold.
On actually MIIF investing in ALL, I am still of the opinion that they will wait for ML to come first, it wouldn't make sense otherwise, but hey, what to I know...DYOR
Chislehurst great points
I have to agree with all you say and particularly on holding few shares, rather than many without having the feeling and knowledge on any of them.
For ALL ...yes is definitely investors getting bored having to wait longer for first production.
On this point thought, imo there is a slight chance that the market has underestimate or not taken into account early production from DMS and the possibility that with mining licenses coming, project executions may speed up.
Is interesting to note that ALL BoD is seeking to secure so earlier our share of financing, when actually soon there are already $70 million coming from PLL...
Looking at the share reaction and sentiment of KOD and PREM, I am guessing that for ALL, early production from DMS will have the same effect on the sp, that full mining production commissioning and ramp up, and that (DMS production) should happen at end of 2024.
With Lithium prices holding at this levels ie more than double DFS case scenarios, any ALL sp drop due to main indexes and unrelated financial events, are a great opportunity to accumulate on the cheap.
Thank you swest42
another simplistic but very real way to look at ALL sp is this...
If the like of KOD and PREM sp have gone up 4 times and more, without yet making a penny in profit,
one can imagine what will happen to ALL sp in due course.