RE: ASX peer comparison update17 Apr 2025 15:30
Yes doubtingtom that might be the case and every one of your posts points to some kind of hint that people should sell up as it’s not gonna be as successful as we think.
Gold is at all time highs atm, it is due a pullback but once that’s been achieved, gold (imo, and a lot of others) will continue to break previous highs…at the same time miners like Newmont and its peers are all at very low prices, same as mid tiers and same as juniors. Once they catch up and overtake gold price (in terms of percentage rise) their mcaps will be substantially higher as will ours so your pessimistic view (as always) may not hold true.
As I’ve said time and time again no one really knows but I’m invested in a company I believe in so I’m betting on the sp going higher than 50p within 2 years.
Good luck with whatever you decide I’m sure it won’t be a positive view though 👍