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Online Share Trading

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Hi Guys what would be your call on his one- i see it made its all time high today also, where do you think it would be heading? R30,R25 or even maybe R40 by the end of the year? Your thoughts Thank you kindly
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watch the gold price, it will have an exponential effect on their earnings (assuming they can, for once in their lives, maintain their operational efficiency).
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Prestonmyhusban
Regular Contributor
mmm, left or right brain?
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no brain at all - pure TA, without the &
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this is the view from someone on Sharenets chat. My TP is R30 for the end of the year... then I'll reassess... Thats 40% odd from current levels. - Dividend yield too good at 5% - plus inclusion of recent Wits Gold and Cooke mine acquisitions will re-rate those earnings. They got these mines at a steal I think, but we'll wait and see. - Increases in mining reserves and life of mine to an average of 15 years should re-rate the whole share as its been seen as a short life share. - High cash generation to be used to pay off debt (which will increase equity value).. - All in cost of mining continue to decrease. Its the best gold stock play, period!
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