SPR (ASX) Cruch time....

Originally posted by sabine ↑

Congrats on the milky goodness DTL and hopefully SPR will also act out the ciw who jumped over the moon in days to come.
I bought a few too, but higher into my mai. Hold, so my average price is up to almost $1.44.
… I figure if times get tighter here, I can collect a few more too

meanwhile today’s news ‘back at the ranch’ is that gold, overall, is holding its’ nerve;

cheers

https://thewest.com.au/business/mar...-companies-releasing-results-today-c-17746568

Daniel NewellThe West Australian
Updated 36 minutes ago

…
….
…Gold steadies after big loss last Friday

Gold steadied following its largest one-day decline in two months, with the slump sparked by investor concern that the metal’s recent record-breaking rally may have been overdone.

Bullion traded near $US2886 an ounce, after tumbling 1.6 per cent on Friday.
The 14-day relative strength index - a gauge of the pace and intensity of moves - showed gold reached overbought levels earlier in the week.
Traders have also been studying the Federal Reserve’s interest-rate trajectory along with the risk of market disruptions due to US President Donald Trump’s tariff threats.

Speculation has increased that the threats are mainly being used as a negotiating tool by Trump. His administration’s tariff policies have become increasingly muddled due to delays and exclusions, with geopolitical and economic uncertainties tending to add to bullion’s haven appeal.

Traders were also studying the latest US economic data for clues about the Fed’s likely easing path, after a report on Friday showed retail sales slumped by the most in nearly two years.
The figures prompted traders to restore bets that the central bank will cut interest rates by September. Lower borrowing costs typically benefit gold, as it doesn’t pay interest.

Money managers cut their bullish wagers on gold to a four-week low in the week ending Feb. 11, according to the latest Commodity Futures Trading Commission report on Friday.

Despite Friday’s fall, gold still notched its seventh consecutive weekly advance, the longest winning streak since 2020. It’s been helped partly by continued buying from central banks including China’s, along with rising holdings in bullion-backed exchange-traded funds. Bullion posted an all-time high of $2,942.68 an ounce on Tuesday.

Spot gold edged up 0.1 per cent to $US2886.23 an ounce in Singapore this morning, following a weekly gain of 0.8 per cent.

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The number gremlins kicked in on my average price above - ie it’s still happily under 50c a share … which surely gives confidence to a strategy of buying on dips considering there is so much potentially great news to come ..

And, reinforcing the idea, I just saw Simon is slated to speak at the Sydney Mining Club Club on March 6, and his bio reinforces he has ‘firm’ forward strategies in place .

…. it’s good that, despite the price, the fundamentals are so well guarded

cheers

https://www.sydneyminingclub.org/ch...is a professional,into a multi-billion dollar