RE: Is derating justified?17 Nov 2020 10:26
Malik. To be balanced, the MCAP did rise by £85mm this year at one point before the drop. The SP did overshoot above 3p given the underlying assets. However back at £40mm there is real potential again . Bill and his team keep saying and doing the right things. There continue to be buyers on dips. There is no imminent placing Bully. We might get one mid way through next year but the SP should be above 2p again by then so you might see 3p back to 2.25p to get back in. Silver and other precious metals are in demand. The backdrop from a supply/demand angle and Asian growth look encouraging. Buy, HOLD. Diversify with ARS , JPL, XTR, KEFI, CEY, GGP, VLS, YCA, OPTI, BIOM, DVRG . . Just my thoughts...