Priced to fail at 22m mc!!! Will be worth a few hundred mil mid-term and many pence. Not selling a bean until 10p+ 200m mc or sale. Ride the ups and downs for the real gains. SL
Priced in at 20m??? Do you have any understanding of the price of gold? More that your Lidl pizza buddy. Was it all priced in at x4 this in this late last year. Tit.
Are that there are just too many projects for this not to succeed. It only takes one to be developed/Jv/sold and we are x5-x10 minumuim. That’s my investment case anyway. SL
That is bouncing back into close. 1p by Friday possible IMO based on the silly drop from 2s. Wouldn’t be surprised if newmont came back to the table very soon..SL
Incorrect - Posts on boards in small caps do affect the price as if they encourage buys/sells and the price moves with smallish volume. Seen it happen many times. Very few trades can alter the price. SL
Either way the risk/reward here is great based on the amount of projects. I for one will not be buying/selling into smallish rises and will hold for the bigger prize. Each to there own. SL
From February’s report, which is expected to be beaten ‘...whilst for the full year FY18 earnings per share of not less than 2.0p are in prospect.’ Even if it’s only 2p that a PE of x4 with current price of 8p!! -
If we hit 3p that’s PE of 2.6! Should be a minimum of 10 so 32p a share - No brainier of the decade.
And before one of the resident trolls or Chavs pipes up with a one liner that contains no analysis, this is company released info. SL