Now that FY21 is finished I thought I would have a look at where our commodities and shareprice were 12months ago compared to now in % +/-
Commodities compared in $AU:
GOLD down 12%
SILVER up 30%
ANTIMONY up 60%
COPPER up 39%
LEAD up 18%
ZINC up 33%
SHAREPRICE Up 215%
Anyone thinking our shareprice hasn't reflected the boom in commodities needs a rethink, the more relevant question IMO is how much it will reflect over the next 12 months , we will know for a fact in a year, in between its open season for rampant speculation as always..
The main takeaway for me is this FY has started with all commodities ,with the exception of GOLD, considerably higher than a year ago and ANTIMONY/GOLD from METZ set to contribute at some point this FY. Liontown may get started this FY but is mainly a FY23 and beyond consideration.
Cheers Whisky
