Post by
tarsands on Jan 28, 2022 12:00pm
What is not nice
The falling shareprice is not consistent with the bobble head target price. As they will start too lower and lower their targets unless OIL or Diesel comes back down too a manageable level.
If they are going too buy back shares its now time too really put their talk behind their money.
Also get the mines back up and running, GOD what stupidity.
How many have died? Wear your freakin masks etc.
Comment by
oakesy on Feb 03, 2022 6:34pm
Mining is a terrible business to be in . Very capital intensive .The biggest input cost is energy and high oil prices remain a head wind going forward which could make some projects uneconomic. Gold price will need to keep pace for the miners or margins will be increasingly thin.