cost of production , page-45

Long.

I do not short.

I feel shorting is destructive to companies. Yes, some deserve to be shorted, but most do not. It impacts on how a company can access money, not only from the market but from the banks too, and this then flows onto growth and then onto everyday worker. Anyway, enough of my lecture.

It is hard to make predictions when basing values on commodities, however the TA and the fundamentals all look good to me. There is no reason this should be sub-20 cents, let alone sub-30 cents... but the market does what the market wants and there is no way to fight it.

I am no expert, but I watch the trends and I listen to the news... and then I tend do the opposite. Lol

From my sources and from my workings, this is valued plus 60 cents. Will it get there? Probably not, at least not in one hit, but I really can't see it dropping further.

This company makes money and has a cash backing close to its share price... Not much to lose but plenty to gain.