Gold looking better, Nickel rising off a double-bottom, BND rocketing with massively higher profits nailed on in the quarterly updates. Current BND value (which is still extremely cheap on a projected p/e/) pretty much covers the current MWA market cap. Don't you perhaps think MWA may move in an upwards direction soon? Hmmm, umm, not sure lol.
I suppose 'sage' imagines the smelting plant to be a single machine or something like you see pictures of on 2-bit crappy AIM non-producers.
Getting quoted 2.1 to both buy and sell with my broker, but can sell twice as many. So trades @ 2.1 could be anything
That was with a nickel price some 30%-40% lower that at current. P/e going forwards must be VERY favourable.
Even with the rises recently BNC is currently on a p/e of less that 6 using LAST year's profits (I'm guessing H2, being 'significantly higher' than $3.3m was $5m)
GOLD rocketing. Freda just gone into net net profit ($1325)
Freda to move into net profit this afternoon?
I agree Driving. This will be a short-lived opportunity to buy around 2p I think.
Freda will very shortly be going into profit after ALL costs, even with the current elevated all-in cost levels due to improvement works.
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