Member Info for nimrod22

RMM would be better off being taken over by a big player with plenty of cash so as to move the company forward at speed; otherwise it maybe be looking for a listing at Crufts.

From Aluminium to Zinc, metals is the place to be until the music stops, though the band appears to have a full program.

Friday # of Trades 1,808
Vol. Sold 484,328,515. Sold Value £2m
Vol. Bought 623,798,993 Bought Value £3m

From Aluminium to Zinc, metals is the place to be until the music stops, though the band appears to have a full program.

https://www.engineeringnews.co.za/article/platinum-demand-growth-to-be-bolstered-by-fcevs-says-wpic-2021-05-06/rep_id:4136

73% over the year, and 47% over six months with a yield of 3.92% and more to come. A solid company with a bird in the hand.

117% in the year.
89% in six months

"Chile’s lower house approved introducing progressive taxes on copper sales in what could become one of the heaviest levies in global mining, potentially stalling investments and boosting prices."

close to a peak now; up 295% on the year, 110% in six months, 34% in three months.

The only negatives that I noted when looking at ANTOs sluggish behaviour: -
Some talk of industrial action/union unrest.
Mention of government additional taxation on booming metal producers so as to spread the prosperity.
Lower grades of Copper being extracted.

on Tuesday and topped up FXPO instead. ANTO appears sluggish for some reason I can't identify.

probably a bit early, but there are other opportunities out there.

best to ride your winners while they are galloping ahead.

12m Forecast Rolling from Sockp.....
SLP 3.5
THS 4.3
JLP 5.6
FXPO 4.1
BRWM 5.2
AAL 7.9
CAML 9.0
"We have standardised certain Ratios for comparison purposes. In the case of the PE ratio, what we have done is create a rolling 1 year forecast earnings number which weights this year and next year's earnings forecasts depending on how far a company is through in its fiscal year. This puts every single company in the market on a comparable footing, allowing a like for like comparison across forecast valuation, growth and dividend variables. This is known as the 'rolling PE ratio'."

https://www.miningweekly.com/article/first-ever-shanghai-platinum-week-to-be-held-next-month-2021-04-30/rep_id:3650
https://www.kitco.com/news/2021-04-30/Could-platinum-break-out-of-its-current-price-consolidation-range.html

https://www.miningweekly.com/article/first-ever-shanghai-platinum-week-to-be-held-next-month-2021-04-30/rep_id:3650

https://www.kitco.com/news/2021-04-30/Could-platinum-break-out-of-its-current-price-consolidation-range.html

more than happy re the share price rise, but you have to wonder (after reading the umpteenth news article re commodities/metals) are we already more than half way through the increase and nearing a peak?? Possibly its a bit like everything "Green" rally that went on for about a year and peaked in mid February? Though I do see a difference in that the metal producers have a real product that's available for sale, and hope the wagon keeps rolling along.

Extract from Bloomb... "Major oil producers, for decades the natural resource industry’s top earners, are being eclipsed by once-smaller mining peers who are churning out record profits thanks to red-hot metals markets".
"Top five miners set to deliver annual profits of $65 billion"

“The copper rally still has legs to go,” said Wenyu Yao, senior commodities strategist at ING Bank. “The outlook for the U.S. economy keeps getting better. Economic reopening coupled with massive stimulus, faster-than-expected vaccine rollouts and supportive fundamentals all point to even higher prices.”