Member Info for UpDownFlat

I am happy 😁, ......happy and hopeful

I can see reasons why this might rise. If I sold now I would probable just have to buy another stock in the same or similar sector, so what's the point. Fres has excellent operational gearing / drop-through and a dividend policy which supports share price.

JPM gives price target of £43

"People need to stop watching this Ai rubbish, look at the account history they are all new."

I don't follow people or sites, but whatever it is it seems accurate very short term. It is strange.

For me it is always difficult to hold onto the profits. Easy for me is holding on to losses for some reason! :-)

😂 Very true

Strike123,

I think Fres, like the sector, will gain a lot next year. It is a risk, and there will be many ups and downs.

Most of the people on this board, should be very happy with their gains this year.

Based on 2025 numbers , presuming they make targets and slightly exceeded on gold production and nothing unusual in the costs, this should be +-£29, therefore the SP is just starting to be valued higher 2026, which is looking very very positive based on PM prices.

😂

Very dramatic read, for a market that is insignificant in size too most financial institutions

The analyst's have been wrong for the last 15 months on this share , why would they now be correct?

They don't know what they are talking about. They haven't bothered to do the maths.

Also historic P/E on this is misleading due to all the non cash IFRS adjustments.

Cash generation is a better indicator.

I am just filled with joy at the price of silver. It will eventually feed into the price of Fres. It's been a magical year so far.

Bad news investor, you could have made 15% by just holding Fres from 22.78 to current, without taking the risk.

Also a $50 hedge would take the share price to £40

From the 2024 accounting policies,

Fresnillo’s commercial policy is not to run broad price-hedges on its gold and silver output (it gives shareholders full exposure to precious-metal prices

JMAX they don't hedge except for a very small amount of dollars

JMAX,

P/V/cost calculations and a bit of guesswork. But this is dependent on PM prices holding

I hope for £30 by April and £40 by Aug. But this is highly dependent on pm staying around $4000/$50.

Just have patience. The share price is moving up over time,

Excited for when £26 is the normal level of the share price for Fres

Well that was a short consolidation 😀