HI dfi and others. Yes that was my take too. December is a disrupted month so I did not particularly expect a new record - not that production is up to scratch yet. However I do see that positive trend in progress even in a shortened December which is very encouraging.
Somebody wanted out despite the turn around and improvement in cash on the sale of the Li. The commentary from a conservative management was also excellent with the LOM plan delivering further improvements to come. I bought a second parcel back based on the dip today as I thought the fall was unwarranted. Good job management for sticking at this and getting (gradually on top). They have a good chance of hitting over 20koz this quarter so strip ratio is falling and so is cost on a per unit basis. If gold takes off it will be a massive improvement in their earnings.
Gold is really cheap in momentum terms. Many analysts would have you believe it is expensive; but in relative terms that is rubbish. I have done a lot of research lately on momentum and find the gold story compelling for a break in the coming 3 months at worst. This could be an explosive year for the gold stocks and sector performance does not suggest we have anyway near a top here. I am going to pass that research to GoldSilver Pros - so here goes nothing folks. The leading producers are still leading the way - NO sign of a top.
GLTAH CW
- Forums
- ASX - By Stock
- Ann: December 2023 Quarter Production Update
HI dfi and others. Yes that was my take too. December is a...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNR (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $426.7M |
Open | High | Low | Value | Volume |
8.4¢ | 8.5¢ | 8.2¢ | $1.139M | 13.72M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 407692 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 167220 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 193800 | 0.081 |
6 | 976650 | 0.080 |
2 | 433101 | 0.079 |
2 | 485000 | 0.078 |
1 | 132000 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 167220 | 1 |
0.084 | 154056 | 2 |
0.085 | 823924 | 6 |
0.086 | 1220169 | 4 |
0.088 | 350000 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
8.2¢ |
  |
Change
-0.003 ( 3.53 %) |
|||
Open | High | Low | Volume | ||
8.4¢ | 8.5¢ | 8.2¢ | 16637524 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
PNR (ASX) Chart |