Hi, I bought in at 25cents and 38 cents. I am still happy with the way things are heading, in hindsight I could have sold and rebought a few times since 2015, but that's not my strategy. My price target is around $4.80 (depending on what is happening).
I read a recent article, which quotes that JW is looking at divesting Bibiani this year. The article quotes "Welborn said he was “a believer” in the asset but with production of 80,000 to 100,000 ounces per year, it didn’t have the scale required by the company. The mine was currently on care and maintenance ahead of an investment decision. Given the acquisition of Mako, a gold mine in Senegal, and the scale of its existing Syama mine in Mali “… we’re looking for a larger and more meaningful asset in our portfolio,” he said."
BTW, Sircorp everytime I read your posts I keep thinking you are shorting the stock. And when has Macquarie ever been right with their RSG ratings. The stock seems to do the opposite of what Macquarie suggests.
Hi, I bought in at 25cents and 38 cents. I am still happy with...
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Last
41.5¢ |
Change
-0.020(4.60%) |
Mkt cap ! $883.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 40.8¢ | $3.549M | 8.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 305340 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 7000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
42.0¢ |
Change
-0.020 ( 3.43 %) |
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| Open | High | Low | Volume | ||
| 43.0¢ | 43.0¢ | 40.8¢ | 3757896 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| RSG (ASX) Chart |