This is clearly a buy at these levels. Any lower price seems to be quickly bought. It is a total turn around since the installation of the new power cells.
Bad news days like a drop of $40 in POG and the shares go slightly higher anyway. What happens on a good news day?
Just doing some quick rough calculations, if profit per oz is half last years ~$900, then production of 200,000 oz, and allowing for the now 200m shares, still gives an earnings of ~45c/sh.
Add to My Watchlist
What is My Watchlist?