Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Hi Casher, yes some income from Piauà starting in May would indeed be good news. I wonder if a decision has been made on the upsizing option there, hence the presentation tomorrow? Though may be a bit early for that I guess.
Do you(or anyone else) have any idea how much mining at kestrel is likely to still be in the royalty area next year?
Some good information too in the video link below. The Brazilian Nickel CEO talks about smaller scale nickel production from Piaui by mid next year. That'll be a huge plus for APF when that particular operation gets into production.
Will be interesting to see what's discussed tomorrow..
https://youtu.be/bBeXQ4J-o6w
I missed this.
https://www.proactiveinvestors.co.uk/companies/news/968061/anglo-pacific-group-projects-are-now-75-battery-metals-focussed-968061.html
"I don't think the market understands yet how significant the rise in coking coal and cobalt prices are for the company," Treger said.
I am confused as to why the surname of the cfo got starred out in my below post!
Bit of a pickup here towards the end of the day.. unbridled excitment over mr ***** talking tomorrow? Or just a slow awakening to some good q4 results in the pipeline? Met coal back over $300/t and cobalt sneaking upwards.
SP reflects the transition from coal to green metals - not quite there yet. Fill your boots now before the SP rockets!
Yes, I think two all time record quarters in a row is now an inevitability(despite us only being in the 2nd month of q4).
Met coal prices come off the boil a bit of late - but still in a very nice place for the the kestrel royalty. Plus looking like they may well head north again imo. And cobalt edging up all the time currently. The current SP is a bit of a mystery to me.
Coming coal and cobalt prices are strong which will flow through to record royalties in Q4 yet the share price remains subdued.
Is it the baleful influence of coking in a post cop26 world........ its fill your boots time.
Longwall change at kestrel in q3.
https://www.proactiveinvestors.co.uk/companies/news/964124/anglo-pacific-group-hail-record-royalty-income-in-third-quarter-as-coal-and-cobalt-performed-well-964124.html
Not stayed in touched with APF I'm afraid - does anyone know if there is any longwall changeout this year for Kestrel?: Thanks.
Xd wasn’t on the 10th Nov, it’s on the 25th Nov for pay date 22nd Dec
From RNS Dividend Timetable there's another 1.75p coming 22nd December- xd yesterday 10th November. I am hoping next announcement will include a bumper contribution from the big coal royalty which could increase the dividend significantly.
Bring it on and the next dividend after that. Would be useful for the market to know if JT is going to sell down more of his remaining position or to dribble more shares into the market.
Dividend payment day - yes.
Next XD is 25/11 for 1.75p
Is it divi day today?
The Extinction Rebellion lot should be protesting outside the Russian , Indian and Chinese embassies or trade missions or even better getting on a boat to India and China and rebelling where it matters. Probably a lily liver crowd though.
We own about 4% I think from memory so obv not great if it falls in value but not very significant
I believe APF still have a considrable number of shares in BKY plus the roylties . But I think they have been discounted in APF results for some time ( might be wrong). JT did sell a few BKY shares when they were around the 50p mark.
I would say that the financial fundamentals are very different. Berkeley is under extreme financial pressure with revenue drying up. whereas APF interim results HY1 2021 were impressive. So no not the same.
Berkeley Energia very volatile- it doesn't look good for APF. Any thoughts?
Charts say big wave up coming soon. Fundamentals back this up now too. Yes short term COP influence on SP possible.
Any thoughts on how COP26 might influence APF share price in the short and long term?
Another observation.. kestrel's q3(with a long wall change) beat q1 and q2 combined. One month into the last quarter, and it doesn't seem wholely impossible kestrel's q4 could beat q1, q2 & q3 combined(obviously entirely dependand on prices for the next 2 months and volumes).. but that'd be a nice end to the year.
Interesting that JT refers to a current spot price of $395/t.. that is about $50 higher then I thought Austrailian FOB prices were atm. Though kestrel is supposed to be high quality so maybe it could command this premium?
If prices stay around where they are, I wonder if kestrel could cover(or at least come close to) the whole year's dividend payouts with 1q of income.
So average realised at kestrel last quarter $210.. and this quarter shaping up to be potentially *a lot* higher then that(average realised), meaning that every extra $ paid at the gate will pay out to us at the maximum royalty rate.
Not surprised it's a record quarter(given the current overlap kestrel/voiseys), and will also not be surprised(at all) if we see another record in q4. Frankly it's possible q4 could make q3 look quite bad.
I hope they use some of this to pay down as much debt as possible, assuming they are not seeing anything hugely tempting to aquire atm.