goldfinger
- 06 Aug 2004 16:15
ahoj
- 10 Apr 2013 15:56
- 1515 of 2076
Time to add again.
skinny
- 11 Apr 2013 10:22
- 1516 of 2076
Societe Generale Buy 198.35 208.40 470.00 275.00 Reiterates
HARRYCAT
- 11 Apr 2013 10:29
- 1517 of 2076
IRC Q1 2013 Trading Update
Petropavlovsk PLC (the "Company") is pleased to confirm that IRC Limited ("IRC"), has today announced its Q1 2013 Trading Update.
Key Highlights:
* the completion of the subscription by General Nice Development Limited ("General Nice") of 817,536,000 new IRC shares at a subscription price of HK$0.94 per IRC share;
* Increased production and sales at Kuranakh, resulting in a record-breaking quarter;
* On-going implementation of cost-saving measures and efficiency gains at Kuranakh and across the Group; and
* 2013 full-year production targets re-affirmed.
http://www.moneyam.com/action/news/showArticle?id=4572687
skinny
- 11 Apr 2013 10:32
- 1518 of 2076
Balerboy
- 11 Apr 2013 10:46
- 1519 of 2076
can we have it in triplicate please.,.
skinny
- 11 Apr 2013 10:51
- 1520 of 2076
Sorry - I didn't notice - I'll remove mine but leave the link :-)
Balerboy
- 11 Apr 2013 10:57
- 1521 of 2076
thought you could try out your three screens lol
HARRYCAT
- 11 Apr 2013 11:03
- 1522 of 2076
.
halifax
- 12 Apr 2013 13:48
- 1523 of 2076
POG's decision to hedge almost 50% of 2013/14 production at $1663 per oz looks like a great move as gold price continues to fall.
chessplayer
- 12 Apr 2013 13:55
- 1524 of 2076
Pretty close to the lows of late 2008. Hopefully, this support level is as low as it will go.
However,having said that, the outlook for gold at the moment isn't very glittering !
skinny
- 12 Apr 2013 14:18
- 1525 of 2076
Balerboy
- 12 Apr 2013 16:28
- 1526 of 2076
Pog is looking as sad as my Kaz sninners.... looks like a bad call.,.
halifax
- 12 Apr 2013 17:23
- 1527 of 2076
bb if you care to look at their numbers... 400k oz @$1663 and compare with the market cap they are a steal.
Dil
- 13 Apr 2013 00:18
- 1528 of 2076
Chart says otherwise and I aint gonna argue with the market.
skinny
- 13 Apr 2013 18:36
- 1529 of 2076
My fault for 'mixing' my 2 taboo sectors - miners & gold!
Balerboy
- 14 Apr 2013 20:00
- 1530 of 2076
True I blame you too.,.
skinny
- 15 Apr 2013 08:07
- 1531 of 2076
Citigroup Sell 191.45 274.00 141.00 Downgrades
chessplayer
- 15 Apr 2013 09:07
- 1532 of 2076
Just when it looked like it couldn't get much worse - it just did
HARRYCAT
- 15 Apr 2013 13:32
- 1533 of 2076
RBC comment today:
"Majority of our coverage is currently net cash – The majority of companies in our coverage are cash positive with little or no gearing. Exceptions are Petropavlovsk, which carries the highest gearing at 82.5% (YE2013E), Polymetal also being net debt following a period of heavy capital expenditure, and Highland Gold, which has recently acquired Kekura deposit for US$211m using debt.
Most companies robust at US$1,400/oz gold – Based on our analysis most companies should be able to continue to operate and advance their current capex projects at US$1,400/oz although Teranga, Avocet, Petropavlovsk and Centerra could turn FCF negative at times between 2013-2015E. Producers which should fare better are ones with the lowest all-in sustaning cash costs, such as Centamin, Randgold, Polymetal and Fresnillo, all having all-in sustaining cash cost per ounce of less than US$900/oz. By contrast, ABG, Centerra and Avocet are all above US$1,200/oz by this measure.
Capital projects and exploration under threat at US$1,200/oz – Should gold pull back to US$1,200/oz level we believe that a number of miners would have to re think their capital investment plans, as well as exploration budgets to preserve liquidity and keep current operations afloat. The most vulnerable under this scenario would be Avocet, Centerra, Petropavlovsk and Teranga.
With gold equities down 30% on average YTD to Friday underperforming the metal (-14% YTD), we believe that there is value amongst the equities. However, until gold finds a level, the equities are likely to remain under pressure. Based on the strength of cash generation and balance sheet stability, we recommend investors who need to be positioned in golds to focus on Fresnillo, Randgold and Centamin as these companies are best insulated against the lower gold prices due to a combination of low all-in sustaining costs and strong balance sheets."
Balerboy
- 15 Apr 2013 13:49
- 1534 of 2076
thats made my day good.... :((