Last sale was $0.94 with bugger all turnover . Options look great at last sale $0.125 and very few around.
When the big boys wake up to this disparity I think the options should be a winner . I got in on the original float , sold my shares and bought more options . Since then topped up with more options .
Any comments ?
Top ten positions in their portfolio as at Aug 31 were :
CVRD 10.6%
BHP 9.9%
RIO 8.3%
Impala Plat 6.7%
Buenaventura 5.4%
Xstrata 5.4%
Alumina 5.3%
Alcan 4.2%
Alcoa 3.4%
Anglo American 3.2%
Commodity allocations Aug.31 :
Alu 14.4%
Copper 5.3%
Nickel 2.9%
Zinc 2.4%
Gold 15.1%
Plat 6.6%
Diamonds 2.6%
Ind.Minerals 1.0%
Diversified 47.4%
Since April '04 GMI has outperformed the HSBC Global Mining Index benchmark return by 4 % .
Last sale was $0.94 with bugger all turnover . Options look...
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