Fresnillo Share Discussion Threads

[trader536] 27/1/2021 09:22

What else to you need to keep it afloat Clown?

Silver is up a whopping 53% on last financials, no need to worry about the volatility just park the cash and wait.

[imastu pidgitaswell] 27/1/2021 09:21

kenny - the thing I would say to that is that all of the delays (and there really aren't many), with one minor exception, are down to the pandemic, and in fact down to the impact of the pandemic on the regulatory programme - not actually delays to FRES's project work.

It all means the same thing - delayed revenue - but it's not the old stuff of poor project management and execution. And (obviously) revenue delayed is just that - delayed. Not lost.

And even the reduced revenue for a 12 month period is pretty good, as per previous posts - over $600m higher than 2019.

Anyway, personally quite happy wherever it goes. Have enough, but nothing like the volumes I had at 500-600. That's the thing about this game - it's best not to have a binary view, but be prepared for anything; there is nothing stopping anyone from buying and selling different batches at different prices. Something that seems to have bypassed The Moron.

[kennyp52] 27/1/2021 09:15

Production problems continue then. Sub 1000 coming and could possibly get dragged back to 800s as posted recently before . Trader536 is clueless ... graphs and charts mean zero if fundamentals go wrong . Only POG and silver price keeping this afloat IMHO .

[rasl5] 27/1/2021 09:12

buy some more fres 1009 .

[roguetreader] 27/1/2021 09:10

A few small curve balls, but much as expected with no major surprises. Revenue will to a large degree speak for itself as PM prices are a known, looking forward to financial report on cost trends, as some measure of the cost containment programme should be evident. Even if it is minor at this stage.

[trader536] 27/1/2021 09:09

You are simply buying back the ones you sold at 800p for over a tenner today. I'd rather be your broker than your business partner.

[trader536] 27/1/2021 09:06

Were they the ones you bought for 1100p in 2018 and sat on huge losses of up to 50% for 2 years?

[imastu pidgitaswell] 27/1/2021 08:43

Don't start, muppet...

See September 21 again and selling at 1360 (or not doing) - some of us can see through the minefield on the other side of the trees. And act accordingly instead of just blinkered dogmatic tedium.

And we can do the numbers.

And some of us can't, eh?

[trader536] 27/1/2021 08:36

Well done stupid git now you're seeing the wood through the trees. Some of us had the foresight to see that when these were in the 600's 👍

[diggybee] 27/1/2021 08:35

Should pay them with condor shares.

[imastu pidgitaswell] 27/1/2021 08:32

Incidentally, those production forecasts for 2021 would result in an income increase of around $260m on 2020 - all in H1 - assuming flat PM prices on H2 2020, i.e. $24.8 per oz for silver and $1900 for gold.

That is on top of the likely $360m increase for 2020 vs 2019.


So 2021 revenue would be c$620m higher than 2019 - the most recent set of results - with much the same costs.

We'll (hopefully) see more at the results at the start of March.

[stevedaytrader] 27/1/2021 08:16

Sell overdone, good opportunity here

[imastu pidgitaswell] 27/1/2021 08:09

So on 7th January, these traded at 1280-odd. And here we are.

You can either sit and while about it or take advantage, having understood what is (or is not) happening.

[trader536] 27/1/2021 08:06

Prat you were the lemon for selling FRES at 700p when you should have been buying 🤣🤣🤣

[imastu pidgitaswell] 27/1/2021 08:05

Oooh, I'll have some of these at these prices...

The markdown here is all wrong, they haven't read the statement properly and the causes of the project delays. Suits me.

[trader536] 27/1/2021 07:10

"Fresnillo will announce its full year 2020 results on 2nd March 2021"

2nd March financials should light the fuse for the next push upwards

[trader536] 27/1/2021 07:04

All looks good, time to be busy else where while these simmer away

[zicopele] 26/1/2021 20:56

Yes....fres tomorrow and poly friday. These companies are making shedloads of money.

That does not appear to matter. Miners getting beaten up....at least for now.

[zicopele] 26/1/2021 20:56

Yes....fres tomorrow and poly friday. These companies are making shedloads of money.

That does not appear to matter. Miners getting beaten up....at least for now.

[zicopele] 26/1/2021 20:56

Yes....fres tomorrow and poly friday. These companies are making shedloads of money.

That does not appear to matter. Miners getting beaten up....at least for now.

[zicopele] 26/1/2021 20:56

Yes....fres tomorrow and poly friday. These companies are making shedloads of money.

That does not appear to matter. Miners getting beaten up....at least for now.

[zicopele] 26/1/2021 20:56

Yes....fres tomorrow and poly friday. These companies are making shedloads of money.

That does not appear to matter. Miners getting beaten up....at least for now.