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Agree bullion positions should be reported quarterly in some way...

  1. 2,962 Posts.
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    Agree bullion positions should be reported quarterly in some way or form. (Corporal yeah I got 23405 ounces on the platform.)

    The best I could come up with as to why they don't promote the stock in the slightest is one of the directors may be going through a divorce and his wife wants half..... Or they want to write a heap of performance options for themselves and then go promo.

    Other than that they have enough upside exposure as is, I doubt they could 'buy' significantly more stock with personal cash reserves.

    Half yearlies will have the Inventory (bullion) levels, due late Feb.

    8.9m cash in bank
    8.5m or Rand (43.85%, 32c as per rights)
    ?? in bullion (I'm guessing 10m based upon 08 & 09 annual reports

    EPS for the year expected to be mid teens.... Low cost producer - a serious rerating just has to come IMO.



 
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