Like all the other mining companies, they have been adjusting guidance as the labour and Covid related issues have deepened. Continual updates are a good sign that the companies disclosure is excellent. They flagged this all several weeks ago. They also flagged that the prices for spod are going through the roof and we can expect approx’ $2500 US for the next quarter and beyond. Then add on some auctions at > $3000 and it all looks good. I think the $590 million revenue I flagged in another post for the 2nd half is a bit conservative, don’t you? You never know, they might surprise with a positive statement that we expect 20kt to be svailable for the BMX platform before end of FY. I expect that may add another $100 US to the coffers. Don’t hang around for that. It will be ugly for shorters.
Good News & Bad News, page-8325
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$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123970 | $2.41 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 15148 | 3 |
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