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Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM


Primary Symbol: PGMFF

Financial Services
Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.


OTCPK:PGMFF - Post by User

Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 > friday night
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Comment by DRYOASISon Nov 13, 2021 8:49am
282 Views
Post# 34122818

RE:friday night

RE:friday nightThis news is pretty much baked into share price as sharholders were expecting it, the only thing that's a bit disapointing is they were targetting head grades of 5.5 - 6.5 and actually achieved an average of 4.8.
The good news is, they're finding good grades close to surface so they just need to remove the bottlnecks on operation side to get 800tpd (in line with feasibility study) which should be realistically achievable by end Q1/22 with new general manager on site overseeing daily operations.

I personally think the stock will be re-rated once the FS numbers are achieved and with price of gold on the rise, that new number could be very rewarding (notice I'm choosing my words very carefully here)


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