volume is low today and the spread is about 8%
avm is going down and pog is heading to 10p and probably 5p and they got much higher nav than mwa and has more potential if gold price goes up
Re: Half yearly results predictions pretty straightforward I would say: 110 million US$ revenue - 15 million US$ profit after tax ( revenues +70% last year 65 million US$, profit after tax +100% last year 7.5 )
Re: Half yearly results predictions The Mwa share of BNC will be 10m US dollars alone so I suspect the profit will comfortably double to 15m dollars. H2 will be about the technical performance in my opinion. They are driving down costs and will be pushing the new machinery over the next three months into year end. I suspect Edison will be under by a few million.
gold down, silver down, nickel down, oil down, dollar is flying up
if theres a consolidation or a re rate i will be selling, sp always drops whenever a company consolidates or re rates such as QPP, VOG, to name a couple
re rate i wish as there are many goldies needs a re rate too as they have a much higher nav than their sp, shares consolidation 10 for 1 maybe?
Half yearly results predictions HY results were out 11 Dec last year so we should expect something this week.Last year we had gross revenues at this stage of $65m and pre-tax profit of $7.5m. I would expect our figures to be comfortably ahead of this. Edison forecasts $25m full year pre-tax operating profit (on $176m revenue for six months) so we should expect $13-15m for six months (six months revenue of $88m). If we get $18-20m profit that would be a real bonus and put us nicely in position to repeat last year's $50m+ profit for 12 months.Any predictions?HF
will be selling all my shares if the updates makes the sp go above 3p, don't trust the chinese they are corrupt and good at making accounts up and making resource figures up, its AIM afterall
reasons/factors why mwa sp not staying above more than 4p are zimbabwee, AIM, robert and grace mugabee, gold and nickel prices is still low, mwa largest share holder are the chinese and that is never a good thing see VGM owned by chinese now and AMI having its shares suspended, at least the sp will not go less than 1p as mwa nav is around 3p and it got good resources fyi
nickel price is down on friday but still a good price and mwa with a lot of sells i think sp will be down on monday ready for the update coming between weds to fri
rgm is just a small punt Very cheers
one liner Gold Physical Gold is for me the only way in which in small part I can withdraw my consent from an evil and corrupt system.Have a great WE
O/T hay Very have u looked at RGM? they got lots of assets including 10% in RRR, if sp goes up it will be huge. i bought some 2 weeks ago
no wonder sp is rising even with sells the spread is huge