Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
South African Rand lol GL
a report appeared recently on Yahoo saying Gold Fields had $300-$500m to spend on acquisitions..see that Gold Fields have a MCap of ZAR 38,232m which is £2,123m...but KGI would cost more than the figure mentioned
I think Dan would agree with the fact it has been a tragedy how AIM miners generally,not just one specifically have performed since 2011.Look here though-almost unremarked by ones outside but a success story building...
often lost by your technicals but it sounds mighty nice lol-are you hinting off the record of a KGI/Goldfields tieup-of course no one ever reads these lol.
following that,a U.S miner using the dollar might find KGI cheaper to buy in terms of Canadian dollars these days.. ?
if that post was only half right we will get our Rolls'
as I've said,not ever any profits for me here,but it has become obvious with the depressions of other PM shares how well KGI is holding up these days. The $Canadian trends and oil too must be favourable too. It is always easy to back the present bandwaggons.You can lord it then.But look at the SP500 barely moved so far this year,in fact many general shares have taken hits recently.The dshort site is worth watching,the bozo there is collecting information as to when the next recession could be,pointing to 6 to 12 months so far.We will see.The trick I feel is to save up capital for those coming days while preserving PM positions.
the most recent report OMI are slightly loss making , though they appear calm about that,s till focusing on extending reserves and resources and getting the small debts lower..it is probably best at this stage to try to extend mine life.. They should manage to just knock along like this most of the year,nothing amazing really unless the gold price rises a bit more.
still here,and did a few weeks ago average down slightly.Though a long way from balancing yet.GL all.The Canadian dollar C$, and the oil price are now favourable for KGI's operations.
thanks for your knowledge , I have none of that in here. However OMI has these assets, which have other uses than being brought to production at great expense. They can be sold or used as security for loans. OMI has a very low M.Cap. it might even be taken to a cash shell after handing out the value of the business to shareholders after selling which appears at present to be more than the M.Cap. of £9.78m.Anyway the SP appears to be in the lower part of a range if not at strong support so might rise a bit medium term..GL.
what is happening here ?