Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Miners in general have taken a completed battering over last month - be interesting to see why barrick open at this pm…
Unlikely-
Fres and Hochs only a fraction behind today.
Proven is better than probable though so was happy to go back in earlier on this.
Happy that all things are rising.
EVERYTHING is green on my dashboard, even cryptos which have a hassle a tough week.
S and P is simply bonkers…. Results keep pushing higher- not that long ago all the “experts” were predicting a crash as it went the other way lol
. Also miners getting boost - eu is thinking of banning some imports of Russian aluminium, just alu , for now…. But could be halo effect
Proven far better than probable Tony
Nope you are correct
Fres, hochs etc also a big jump albeit not quite as large but nonetheless a big jump
Https://www.marketwatch.com/economy-politics/calendar
Thurs key day this week and then Friday which is even more key.
Did expect a bigger gain on Thurs RNS- but this is why I trade it- not many RNS in a year but shed loads of data movements points...
Yes.
Waiting for the next key data.
As you know I use S/L and T/P to trade and follow my trading strategy.
Blimey, this has been the case for years and years and years! More clickbait
What’s gold priced in?
There’s your answer …
Yep- economics move things...
If there’s any proof anyone needs that this is a great trading stock- today is more proof.
Trade it, don’t hold- no stamp duty and use economic indicators to trade it.
I’m the title:
https://www.marketwatch.com/economy-politics/calendar
Bit of a muted reaction so far (but the day is young), high price so far of 93.25, would expect this to go higher- esp as FTSE and gold stopped sliding for now.
Imagine if the results had been bad!
M Henderson- you were correct for the second time :-).
Quick headline scan looking good!
As I see it:
Last financial year 440,974 - AISC 1,399 - Av Gold Price 1,794
Q4 last financial year was 109,564
This Year so far:
Q1+Q2+Q3 = 321,921, therefore 128,079 needed to meet the minimum for the year:
Q1 AISC was 1,348
Q2 AISC was 1,228
Q3 AISC was 1,226
If the min annual guidance gets hit- the Q3 to Q4 increase will be very large and also Q4 last year to this year; the annual amount mined will be an increase also although slight.
If the AISC is similar to the first 3 quarters this year it will be in target and a fair slug lower on Year On Year, and within target.
Therefore, if the OZ target is met I would have thought the market would react accordingly, especially considering the annual gold price will higher.
It's, as always, how you feel if you trade:
1) are you happier to miss out on a possible jump and try to get in on a rise, but remove the risk of a drop if results are poor?
2) are you OK with a possible loss but don't want to miss out on possible jump?
On the 19th Oct (OK so only about 3 weeks into Q4, Horgan stated in the RNS that the annual guidance will be met despite the bumper Q4 needed, albeit lower end, and the AISC will be in the lower end).
Only you can make this choice...
GLA.
In the title
https://www.bbc.co.uk/news/live/business-67998084
You have more sources than Heinz Mr T. By the law of averages they will always be right at some point as well as being wrong- reminds me of that old Johnny Ball show “think of a number”- and if your latest number is indeed correct, it will still be pure luck. At some point you have to right.