XAO 0.17% 8,006.1 all ordinaries

Short Term Trading New Year: 27 Dec - 1 Jan, page-79

  1. 3,109 Posts.
    lightbulb Created with Sketch. 169
    Hey @ammie, my tip below for 2019

    2019tip CMM - Shallow - Lower grade- Low strip ratio Goldie with a current LOM of 8.5 years @100k Oz /Year. Expected to drill a new region Tramore starting Feb which according to the announcement has the potential to double the reserve. Eitherway last month they just secured funding (Macquarie) to build producing mine c.a. 12 months away . Pretty impressive in this market I would say.

    Last 3 months had a TO offer from RRL which was rejected at 11.4c currently trading at 6.7c. Not really a trader as it is normally tightly held.


    Gold is clearly starting to step up in this chop and XAUAUD pushing ATH.

    Having said all that one tweet from the Trumpster and the market can flip on dime.

    GLA
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.