Day Trading Pre Open - 27 April 2018, page-4

  1. 17,399 Posts.
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    TRY - should monster today as people digest the extend of what can only be classified an outstanding quarterly & the operational recovery is complete.

    At 14.5c it has a Mkt cap of $65m

    Last quarter it produced $14.2m Net Cash After Operations (NCAO)...

    So it's trading an approx 1 year NCAO - that's unheard of!!

    Add to that:
    - Record Production
    - Record Gold Sales
    - Record low ASIC (All in sustaining costs)
    - Stockpiled over 2 mths of ore for the wet season

    People were excited about BLK's turnaround & pushed the Mkt cap to well over $100m

    Food for thought
 
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