Beachcomber - "Could be possible (Take over) as State street announced a substantial holding.This usually means we are being shorted.For shore, the acquirer won't want to pay much for the company.Will come in and act like the white knight doing us a favor."
From the last quarter " FY24 production and AISC guidance maintained: • Gold production: 415koz-455koz• All in sustaining costs: $1,995/oz-$2,315/oz (incl. ~$200/oz non-cash inventory adjustment)"
Looking better every day, my new Goldie and if it gets cheaper I will be buying more.
My take.
1 - On schedule to make from 100 to 150 million profit this quarter, gold price averaging $3300 oz an oz.
2 - Takeover possibilities.
3 - Still cheap relative to most others.
4 - Still in a safe country that has low sovereign risk.
Risk
1 - The gold price ( Double edged sword, risk down but reward up, NO! one knows , one can only guess)
Happy hunting folks and please do your own due diligence
Beachcomber - "Could be possible (Take over) as State street...
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Last
$1.64 |
Change
-0.050(2.97%) |
Mkt cap ! $1.244B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.67 | $1.63 | $2.676M | 1.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 97862 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 36692 | 27 |
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| Last trade - 12.25pm 30/07/2024 (20 minute delay) ? |
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