Member Info for Sharpey

I was sitting on a 20% loss on Fresnillo about a year ago (break even £5.43). Now it's £9.55 and I'm getting a 10% dividend compared to my investment on 30 May.

I don't do day trading. Just invest in companies I think are undervalued compared to long term. I did get out of Vodafone though. Bought that one at about 64p then sold at 74p. Was hoping for £1 but I don't think it'll ever get there.

Sam recently said that another company that had similar results is valued at £1.5bn. That's about £3/share for GSCU!

A friend sold NVIDIA at £50k profit 10 years ago. Would have had £1m now!

Https://www.share-talk.com/great-southern-copper-plc-longscu-named-as-one-of-seven-mining-stocks-to-watch-in-2025/

If you're right ($1.5bn net cash) that's $2 a share!!! Wowzer!!!

Yes that's right Rob1967. It should have a neutral affect on the share price because it's adding assets to the balance sheet. Firstly cash and then assets they purchase with the cash. Unless Sam spends all the money on his salary 🤣🤣🤣

Bid 1038 and Ask only 941. Not often you get a negative and certainly not one over -9%!!!

I'm increasing thinking £1 is about 60-75% chance.

The market takes a long time to rerate miners. They are very out of favour amongst institutional investors. Plus many around the world avoid the LSE. But once the facts are overwhelming they finally move. I waited 18 months for Fresnillo to finally be valued at something approaching fair value.

The number of people willing to sell at 3.6p will run out soon. I mean there can't be that many stupid people!

Barnet Peter, where are you??!!

They seek him here, they seek him there... 🤣🤣🤣🤣

I expect at least 5p this week. Maybe higher.

Https://www.fool.co.uk/2025/03/15/as-gold-hits-3000-this-ftse-100-stock-is-primed-for-blast-off/

This decision yesterday 😱🤣🤦‍♂️

https://uk.investing.com/news/analyst-ratings/rbc-cuts-fresnillo-stock-rating-raises-target-to-gbp880-93CH-3976754

RBC now with 🍳😩

Not many people seem to think it's a hold. It's dropping quite a bit. I don't understand why. Possibly profit taking I guess? But seems odd to sell before being eligible for the big dividend!

£21.50 was the all time high in September 2011. You think it'll reach that?

They've announced great profits and a special dividend. As you wrote they still have a huge cash pile. Plus commodity prices are not going down anytime soon. So why is this not at £10 already??!! Surely institutional investors can't be that stubborn??!!

Closing at the highest price all day. That's a great sign!

I just topped up at 3.583p! Bargain!!!

I jumped in at end of October at 1.34p. Really regretting not going in bigger!