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polyus mkt cap 25b. Can we extrapolate our mkt cap from that? They do have a very low cash cost.
Page 15 of the presentation is a monster. I was looking over to polyus and they seem to be raking it in too.
has anyone found the linkedin of this new chap?
@Velo what do you use to identify a trend?
My chartist friend told me a while back when pog had a wobble but didn't plummet that there was a support level round here.
Thanks everyone. I will pick some up then :)
I did a bit of research and this lot seem very cheap for a financed mine that's going to have a 30yr life. My main question is though why did vale give up this land for next to nothing? Had they not drilled enough holes or was it just down to the nickel price being poor?
They certainly are changing a lot of the staff. Only time will tell if the new lot are better than the last lot right. The Russian political wobbles aren't great for us though.
Only thing I've found is:-
https://www.asx.com.au/asxpdf/20140124/pdf/42m93lvmv1kv4q.pdf
presumably this is the lot before pensana, or was there a name change?
I've been looking at some other rare earthers and they don't seem to make good money, at least I was looking at RBW. PRE has a large resource but are there any details about how profitable it will be or are we betting on a continued rise in the oxide price?
I was invested in rare earthers 10+ years ago and it was just speculation, they didn't turn into real businesses.
long and strong chaps
So this is pretty f***ed up I got a tonne of letters trying to get me to vote for the everest stuff with the recommendations to remove hambro. It's got a signature at the end of Peter Hambro. Why is he trying to vote himself off the board?
oh well the deed is done
Just checking should i be doing:-
Resolutions 1-6 - FOR
Resolutions 7-19 - AGAINST
Cheers chaps i will check some of your ideas. What a time to be overweight in precious metals eh.
So I sold a small amount of POG Friday. I still have 500k shares and I'm actually not sure if it was the right decision because I can't see anything out there that looks cheap apart from solg which I also have lots of. My old man wants me to buy some HOC but it does look exactly cheap to me although it's massively leveraged to the silver price. So I'm all ears any ideas?
I don't know about anyone else but I'm struggling to find a reason to be selling after this RNS. The pox is a money printing machine.
Run your winners lads :)