well it's a good thing we aren't looking at a leopard and we are talking about a stock.
it's interesting, because I can throw in something unrelated and say didn't Apple almost go bankrupt at one point? but then I am talking about something unrelated.
and for good measure I'll bring in a fancy word with no real support "downside risk".
plenty more support on the upside argument
- debt being paid off
- cashflow positive at h2 fy18 despite a bad quarter.
- agreement on some other income through royalties for Potash, should start to kick in FY19 (latter).
- potential sale of cobalt (what this looks like yet, yet to be seen - but it's a saleable asset)
- POG May have hit the bottom and now possibly on a upward trend.
- prob a few other things to think of but this is prob enough to support a positive outlook.
IMO
BLK Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
