Member Info for nimrod22

The breakdown of the $176 million fixed assets when mining finishes in the Philippines?

Profit taking going on; others will be buying the dip

Surprised that PAF has only gone up 123% over the last 12 months. Still at an attractive forward looking P/E of 4.6 and increasing revenue.

12 month forward rolling EPS Growth (f) 55.5%

Dividend Yield (f) 6.44% a mature company with a share price forcast some 25% above today's.

Https://www.mining.com/web/gold-stocks-revaluation-year/

Will motot past the previous 123p peak.

The Canadian market will open in a few minutes, there are plenty Gold miners there for those who wish to have a spread of holdings.

If there was no Santa Rally it must be the Hogmanay Rally

Re director shares. Looking in the ft. The CEO and Finance director both purchased 1.6 million shares each at 2 pence in 2009, plus more since, though nothing since October 2021. Other directors will have been awarded share options, though a direct purchase would be a vote of confidence.

Looking at the relative strength graph FRES is now just on the oversold line; its been there 7 times over the past year and the share price always bounces back up to the overbought position and for good reasons. Yearly revenue has been rising since 2018, net profit has been rising for the last two years and 2025 estimate shows a large increase. The average forecast (if they work) is around the 28% mark from 13 analysts. I sold my previous holdings in FRES starting 23rd Oct (not bad timing) and finished with a sell on 12 Nov. If correct, various financial newspaper reports give a positive outlook.

"Gold Heads for Biggest Gain Since 2010 in Mixed Year for Metals," Very positive article in yesterdays Bloomb... 30/12/24 "Gold is heading for its biggest gain in 14 years, with a 27% advance fueled by US monetary easing, sustained geopolitical risks and a wave of purchases by central banks" 31/12/24.

Https://www.mining.com/web/fed-tests-gold-upleg/

"Gold Heads for Biggest Gain Since 2010 in Mixed Year for Metals," Very positive article in yesterdays Bloomb... "Gold is heading for its biggest gain in 14 years, with a 27% advance fueled by US monetary easing, sustained geopolitical risks and a wave of purchases by central banks".

"Old Mines and Gold Waste Power Surge in Pan African’s Shares" article in todays Bloomb...

The VanEck Gold Miners ETF (GDX) which normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry has moved down since the end of October, but just like playground swings the share graph goes up then down and backup again. If the finacial pundits are to be believed, most are predicting further rises for Gold this year, and hopefully miners will follow, though they are not well loved despite many making vast profits.

Https://www.mining.com/web/fed-tests-gold-upleg/

Is trying to catch the bottom of the dip, or start drip feeding small buys. The boss states that the next qtr results will be the best yet in the video posted earlier below. All at a P/E fwd of 2.4. Remains a bargain at anything below 150p.

https://www.youtube.com/watch?v=IOZbEzPhBdA

P/E of 2.2 and rated as a "Superstock" on the stockped.. app. Also listed as passing six different long screens.

To mention the 12 month rolling P/E forecast of 2.0 or the massive revenue increase over the next two years.

The outlook for Gold appears bullish again after some four weeks of adjustment/slippage following record breaking prices. SRB was not exactly immune, but presses ahead withe the 100p barrier passed,

SRB Relative Strength (%)

1m +6.55%

3m +35.7%

6m +38.4%

1y +136%

What are the major technical differences from the past fuel?

This the same fuel as used on the previous ship trial some 12 years ago???

"Gold will rally to $2,900 an ounce by the end of next year, according to UBS Group AG, echoing a call from Goldman Sachs Group Inc. for further gains as central banks expand their holdings."

Ore sorting producing 9.9g/T is impressive.