Don't get excited about PD or PT for fuel cells. Google - Fuel cells non-metal - lots of credible work being done with non-PGM fuel cells. No way IMO will automakers position themselves to use more PGM than they are using now. $200 per cc is hard enough to swallow now - these guys fight for dimes with their suppliers. And adequate H2 infrastructure is far distant future.
ANd won't miniature cold fusion reactors be better than fuel cel;s? :-) :-)
Have been buying (averaging up) since Nov 2009 at .44
Now have 117K at 1.28 avg and all the divvies along the way.
Will not be buying more as AMNF now well above my single stock portfolio limit
Once again you have to be careful about what they say:
Cementation (a contract shaft digger) has been "engaged" - not hired or contracted. "Engaged" with PdT and co. can mean they have had a meeting - no more - no less.
Let me check with boots.
Read that PAL article you referred to. First half was really negative. Second half positive - playing to a natural temporal selection bias. Much of what was said was in the PR and/or cc. However don't believe all you read or hear. Remember the morning after the fatality? Quote "Operations have resumed". Total BS - they carefully did not say "Full operations" or "Normal operations". You now know that operations were disrupted for a much longer time. There are other things said or implied that are not quite "accurate".
You have asked the key question: Where is the money going to come from to pay for all these grandiose expansion plans that they say a vital to unlocking LDI potential.? As they redesign their mining plan yet again with 2015 be another "transition" year?
Stock is within a couple of cents of all time lows. You could blink and it could be .10.
Volume (in $) is a mere $160K or so. The big guys (whomever they are) have left the building.
Over the past year a number of analysts have stopped following the stock. Now down to 4 and only one is giving a full year 2015 Yahoo EPS estimate of -.03 down from +.05 just 3 months ago.
The boots say stay away from PAL.
A live webcast of the presentation may be accessed through the Investor Relations section of the Company's website: www.stillwatermining.com.
Because the stock will drop about 16.50 on the ex-div date (not yet pubished but usually business 3 days before the record date)
The highest rated cable network would be "Aliens, Mysteries and Conspiracies". Nut cases could watch all day long . Gotta go , took off my tinfoil helmet and now getting a brain-mail from Area 51.
My tea leaves indicate AMNF has formed a 16 month bullish triangle. Move upward out of it ( 2.10) indicates a move to about 2.50 that may take 6 months to complete. Meanwhile just collect the divvy. Next ex-div date early Jan.
Yes. That what is what AMNF has to pay to the OTC exchange for them to make L2 available to all the brokers and quote systems. L2 is often free for investors and traders depending upon your broker.
Nothing deep or mysterious.Just the agreement between JM and SWC. Such contracts are often considered proprietary for competitive reasons.
Master Goods and Services Agreement between Stillwater Mining Company and Johnson Matthey Inc. effective July 1, 2014 (portions of the agreement have been omitted pursuant to a confidential treatment request) (filed herewith).
To calculate what the PD price needed to be for a reported breakeven Q3 EPS.
All you need is three numbers:
(revenue x .7 + loss)/oz
(46.4M x .7 + 18.8M)/36450 = 1446/oz (all numbers in CAD)
In USD they would have needed 1279/oz.
Even leaving out out the 9M FX loss as a non-recurring item:
(46.4 x .7 + 9.8).36430 = 1160 CAD (or 1027 USD)
Now this was Q3, if oz go up in Q4 (as they increase TPD) that number will go down. That is of course is if the TPD does rise substantially. Given PAL production track record we can't assume it will.
skittle: Don't bother with a long reply as you are on ignore. Just for a moment consider that some have better information than you have or guess at.
Geo: Don't bother sparring with skittle. He is in a severe state of denial and has a whopping case of selection bias. Don't confuse him with facts. Add to that he changes from bull to bear every other post. Keep posting - put skittle on ignore so you are not tempted to be drawn into a #$%$ contest with him.
Right now PAL problem is not the cost of electricity but not having enough available.
Shaft has put additional load on. Sometimes not enough available to run everything they would like at the same time.