sp will not go up much if you see platinum prices is dropping lower than before
gold price is dropping and the sp here will drop to 1.5p or even lower soon if gold price keep dropping as mwa will not make a profit at this price, and nickel price is not helping either
lots of buying earlier and then lots of selling later today and thats pump n dump for quick profit
gold price is going up if its go over $1300 then mwa will start making a profit as the all in sustaining cost is over $1300, the nickel price cannot be helped and we need the smelter now, expect sp to go back down to 1.15p soon
i am still in profit, maybe i should sell all my shares while the last quarter update/rns is not out yet because i got a feeling the sp will tank to 1.45p and what does 1p sell mean on friday?
hopefully the good news is upgrade/adjustment of equipment is completed since september and the bonds, but is that enough to lift the sp over 2p, plus that the nickle smelter will not be ready until later of the year
from that presentation that they taken down, we know that the head grades for both gold and nickle is down alot, the amount of nickle mined is down but up for gold, the cash costs all in for both gold and nickle is up alot and thats for last quarter up to end of 2014
i bought around 1 million shares at 1.65p avg on friday and will be selling next week at 1.85p for 2k profit, sp need to rise to 2p if spread is wide like 10%
this new mine plan is plan B, and then theres plan C if plan B fails and that more sp dilution and sp drop in the coming months before gold production