The Guys at The DR have given QE2 a big wrap and expect big things as with QE1
Without a smilie I have no idea if you are serious. Please expand. (DR = Jim P?)
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
The Guys at The DR have given QE2 a big wrap and expect big things as with QE1
Turbulent times! Gold is off $24, silver $1, the A$ 1c.
I doubt the ASX generally will get much of a fillip from QEII. I know it will make an effect and I have tried to work out how but I just don't know. :bummer:
The Dow is down again overnight,and if the Fed goes ahead and buys the entire 600 billion in US Government debt then that will changeWithout a smilie I have no idea if you are serious. Please expand. (DR = Jim P?)
Without a smilie I have no idea if you are serious. Please expand. (DR = Jim P?)
Thoughts on where the ALL ORDS will be trading in a years time ie. say XMAS 2011?
Thoughts on where the ALL ORDS will be trading in a years time ie. say XMAS 2011?
5,000 is now history so time for a new thread.
How quickly milestones are forgotten. Today XAO dropped 40pts to "just" 5,147 when the bears were warning of a 200pt shake-out. Had it happened we would have fallen to (the once resistance levil of) 5000. In such a short time resistance has become support.
If this was a "correction" bring them on. Gold, silver, uranium and virtually all metals are up and so too my portfolio.
The past is no guide to the future and my belief that some current trends will continue is just that of a clapped out vending operator.
Bill
All Ords driven by big stocks anyway, may as well just buy BHP/RIO/FMG and banks. Should just try pick small ord winners.
Took a stab at a miner today after 3 days consecutive falls.
- BFS done What's 'BFS' stand for?
- Funding completed via debt and equity raisings (approx 40% gearing)
- 2 years construction period, working cap of approx 20% capex set aside What do you mean 2 year construction period?
- current price seems to be a fair bit below what I would've thought is fair value just by back-on-the-envelope calcs over mine life and also below detailed model valuation
- iron ore price should be a hedge against currency movements Why is this?
Obviously big movements in iron ore prices and currency will kill the stock, as with any other miner. That said generally speaking they are positively correlated so it should be fine.
1. BFS = Bankable Feasibility Study.
It's a study that breaks down the economics of the project based on various studies, chemical tests, drill holes, professional costings of infrastructure, potential sale prices (depending on whether you've locked in offtake with buyers) etc. It's basically an economics report. It's a document that's done to a very high standard, often higher than say a Prospectus for an IPO for example (eg QR), as it's not as much a marketing pitching. It's for banks and professional investors (ie institutions).