The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I am targeting SP = 40 by end of next year. Seems enormous. But look at capitalisation, - only 12.5M. With permits and completed construction, mining companies with similar production capitalise in the range +100M.
I bought first stock for 23.6 when gold was 1920$/oz and PAF produced only 175koz. Now I think it was stupid investment as price could not reach even 30p at POG=2300$ and production 190koz. However enjoying with really good dividends for several years.
Figures are rather cautious considering market reaction last year. With POG = 2350$, Consort mine in PAF portfolio can be reactivated as profitable again. However it might have implication on average AISC. Actually I don’t know Cobus plans, but there are options to produce 190 - 200k this year if no major issues.
DTA works for me. My share holding account is in HSBC, but I submitted the form directly to LINK only last year. Now I am sure that 20% is a sort of scam. All previous years HSBC deducted 20% even though I informed the bank about reduced rate for UK - 10%. Investigation required.