It will only hit 40 if investors and traders keep buying and dont get scared by the short fund, they have to believe in the story,,,there is plenty of upside for everyone at 33.03,,,,plenty,,,,,,was higher than this with gold at 850 and oil and AUD/USD higher
Anyone IMO can make money if they understand and believe the story
Massive reserves In production with more (50000 ) coming online in six months NO DEBT 4 substantial shareholders SP Very cheap in AUD terms Input costs declining PE growth Economy not recovering in one week like they want us to think. POG now 990USD and higher than ever in AUD terms and rising....
Then we will look at 37.17 and giggle, new highs coming!
ALL ABOARD!
Good trading all
NCM Price at posting:
$33.03 Sentiment: Buy Disclosure: Held