A40 0.00% 8.2¢ alliance mineral assets limited

I Have to look back or i can’t assess if the trade was right or...

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  1. 9,666 Posts.
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    I Have to look back or i can’t assess if the trade was right or wrong or if it needs adjustment, not everything goes to plan, but it works for me

    Price says I was correct in selling out a few weeks ago for the reasons we discussed, saving over 30 percent- I look At the actual Report just released to assess if I should reinvest because I got lucky on the price - my personal assessment is not to buy or even trade it at this time because of the information and that the price fall is justified

    I agree jan figures released are an improvement however they are basically the same as six months ago- refer jul aug - then oct was poor and and continued to be so until
    They pre released the current numbers a few weeks ago.

    I think it will need some further capital if there is any problems with production , grades or recoveries in the short term and because margins are low- margin quite negative in last report and moving maybe positive - but low- too low to be viable until production is vastly higher than guidance imo and margins are higher .
 
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