Member Info for Sanchez599

1. Compared to our nearest competition Largo we are undervalued by a factor of 3. This excludes most of our assets.
2. Our current PE ratio is between 2 and 3. It should be 14+.
3. Our potential EBITDA for next year is not too disimilar to our current MCap.

That isnt really the worst problem to have!

Dryland, I couldn't agree more. There is a rather nasty culture on LSE of putting the boot in with the like button from people who are usually too spineless to have an opinion of their own. I don't see why it isn't exactly like Twitter where posts can be liked visibly. I also think there should be a dislike button. The world isn't always just about blowing smoke up people's backsides.

32.7

Paid

Paid

Paid. Closing in on 32p.

And if anyone wasn't aware, or is wondering where the V price might
go next, the new Chinese steel rebar regs kick in tomorrow.

What a November - Jan we have ahead of us, and now to be going into what should be a news-rich period, over 30p.

ESS101, BE update and valuation model, V quarterlies, JSE listing, Lemur BFS, brownfield news, upgrade to 5000mtv underway, Mokopane license must be due soon, dividend structure, Brits resource upgrade results, Eskom tender, the list just goes on and on. And this period is then followed by what will be brilliant first year results and the results of the Eskom tender, not to mention a backdrop of improving quarterly performance.

Most companies would be happy with just one or two of those items in a 3 month period.

It's going to be a great Christmas for shareholders. That £1 valuation could arrive sooner than some think at this rate. (Including me).

It's a shame they misquoted the share price so badly in that article. It sounds like it was written by someone who did all their research on Twitter.

I imagine anyone with a buying strategy is about to throw it out the window to be replaced with 'whatever price I can get'.

Paid.....

29.23

28.9 typo sorry!

29.9 - hope everyone topped up this week!

Paid...

Yep just some stand up guys doing an honest days work. No manipulation here at all....

Exactly Alfa. It's an exercise in control not in obviously spiking us downwards.

And that's the beauty of debate. Personally I don't see how the whole period of the last few weeks is anything else. Whether they want to push it lower is really beside the point, they have it where they want it with some 'timely' sells / moves to help it get there.

I wouldn't say that Eskom's recent announcements and BMN's investment proclamations could be construed as an absence of news. Social media is much more active, interest is clearly building, people are buying more shares and the business is moving at a rate of knots.

The notion of surprise was ironic and was meant to express a complete lack of surprise that we were trading at a lower level.