IMO, taking a profit is a good and sure thing. Make no mistake Tcb007 and Eshmun are alike. Rampers at all costs in stocks that they hold before selling then they do a Jenner to stay in the spotlight.
Mt Magnet is still a low-grade mature mine and graveyard for many, read between the lines in the quarterly – several reasonable production quarterlies do not define a resurrection, only cherry picking of very deep ore blokes that are all but depleted.
Lower production ounces and lower grades next quarter = escalating ASIC costs as forecast by the A-team.
Don’t forget the past in predicting future possibilities. KV and Vivien are a long way from being fully funded let alone producing profitably at this point of time. A lot can still go wrong and most likely will. Balancing the view, DYOR please.
IMO, taking a profit is a good and sure thing. Make no mistake...
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$2.19 |
Change
0.020(0.92%) |
Mkt cap ! $2.512B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 4988 | $2.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 2288 | 1 |
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