Left out Cobalt there Homey and you are assuming that copper prices stay where they are. The present mismatch between stocks and prices cannot continue so they may well be much higher. On another topic can anyone please post the proactiveinvestors comments as I keep getting a 403 error.
They really need to stop issuing dirt cheap shares to all and sundry as it just stops the sp from rising and deepens any falls. i hope the new chair gets on to this as I think his chances of execising his warrents are disappearing well into the future.
Short termers who are constantly moving their money around to find what they think is a better deal. I,ve done it in the past and eventually learned that it is the fastest way to lose money. This is a no brainer. Some are overthinking it.
RE: support at 19p, expecting tick on offer29 Jun 2021 15:22
Re the billion plus share count, it might be nice if they have surplus cash for them to start buying back a load of that. certainly better than a dividend where tax would be due right away.
What would be the point as it would allow competitors to gain an edge on them. They have to keep up with demand from all over the world for electric cars.
It won't as I've just had a conversation with the tipster on the SCSW twitter site. He says he doesn't do miners but pointed me to the Momentum Investor website.
Since you have made just one post in this company and your gaze seems to be elsewhere I doubt very much if you have done any real analysis of the content of the dumps and the efficiency of the extraction process before you made your comments. If you want to know maybe you should look back through posts on here and other boards and also check out what jlp was making from these "miserly" pickings before metal prices shot through the roof.
Hardly worth even replying to what is either a display of ignorance ( figures are easily available and current prices of PGM are way ahead of the point where processing is viable and highly profitable) or just another clown trying to talk the sp down for his own benefit. We've seen you in action before "paper tiger".
Uncrossing Trade at 198 for 20k shares was the one posted. Quite a few trades for largish numbers of shares have gone through above the offer during the day.