George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Yes @SFH300 - I learned the same over 30 years ago. My very first investments were recommendations from IC and HL. Two went bust soon after. I've been told that companies have to pay IC for recommendations, wouldn't be at all surprised.
https://www.dailymail.co.uk/money/markets/article-10554625/BP-blasted-27bn-bonanza-Russia.html
Well done @smartie - some people on this board are a disgrace. News about BP doing business with the Ruskies is going to really hit the fan this weekend. Invading Ukraine massive. I predict 220p this time next week.
That was a very half hearted war that broke out this morning against UJO and Heid. Putin would be laughing at the pathetic attempts to get the price down (if he had ever heard of UJO and Heid).
I sold out of Reabold rubbish to get my average down here because I thought you would at least get it down to 19,5p. Then you all gave up ! Loaded the guns and you run off home for your breakfast !
Come on guys, I want to get my average down from 24p to 22p. One last effort ? Before mummy comes home with lunch ?
I did mention this a few weeks ago @Clued. It's pretty obvious to me that Russia will hit back at sanctions imposed on itself, and withholding dividends from Rosneft would be an easy way. I do say withhold, but for how long ?
Anyway, I just got laughed at, sold out at a massive profit, and will buy back at half what I sold for.
Totally agree cherryburn, except I don't see quarterly dividend companies as boring. Having lost a fortune on AIM resources, I turned my portfolio over to dividend paying companies. I found the half yearly payers didn't keep my attention, so I went all in with the quarterlies. There is always something happening to keep me interested, and am in around 75 of the 100 or so quarterly payers I identified. Certainly the best hobby I have ever had !
BMO Commercial Property Trust (UK, B4ZPCJ0) will be added to the FTSE 250 Index and deleted from the FTSE SmallCap Index.
All changes effective from 31 January 2022.
Other bids are coming.....
I agree with @EmaraldCarrots, and sold some of my BP holding this week.
IF Russia invades, there will be massive sanctions against Russia, and Russia will hit back any way they can, and BP is the obvious target. I've been wondering for sometime why there hasn't been a panic sell.
Call me a scaremonger all you like, but the profit I got on selling was worth many years dividends.
@Pedrobull - just making sure you know that PB can't transfer into an ISA, so there will be costs involved, one way or another.
Good morning @myepic. Are you admitting to being @FeverClucker ? If not, then means that you are me, which would be worrying.
Well, I am very happy with my holdings in Target & Impact. Sometimes the best things in life should be kept secret.
Thanks @dusty42. Just wondered if anyone knew without wanting to put you to any trouble.
is there any reason to expect a delayed final dividend again ?
ICG-Longbow Senior Secured UK Property Debt Investments Limited (the Company)
Return of Capital and NAV
As announced on the 20th December 2021 the Company has received repayment in full of the £16.2 million GMG loan, following a sale of the underlying property. The repayment is accompanied by interest and exit fees of approximately £0.8 million in aggregate. The Board of Directors of the Company is consequently pleased to announce that it has resolved to return an amount of 14.00 pence per ordinary share to shareholders, being £16,982,389 in total based on the current number of ordinary shares in issue. This return of capital will be effected by way of an issue of redeemable B shares to existing shareholders pro rata to their shareholding on the record date set out below and the subsequent redemption of those B shares.
The estimated unaudited net asset value per ordinary share as at 31 October was 92.70 pence per ordinary share. Adjusting for the returns of capital since, including this 14.00 pence return, the NAV would be 72.20 pence per ordinary share.
Post the return of this capital, the Company will have returned an amount of 26.00 pence per ordinary share to shareholders, being £31,538,722 in total.
It is expected that the timetable for the return of capital will be as follows:
Ex-date 13-Jan-22
Record date for shareholders on the register to receive B shares 14-Jan-22
121,302,779 B shares issued pro-rata to shareholders on the register as at the record date 17-Jan-22
121,302,779 B shares redeemed at 14.00 pence per share and cancelled 21-Jan-22
Cheques in relation to the redemption payment sent to shareholders that hold their shares in certificated form 28-Jan-22
Redemption payment made through CREST to shareholders who hold their shares in uncertificated form 28-Jan-22
...but they do value us.
To be honest, it will probably be possible to buy at around 110p before the placing finalises, so only the dealing costs to bother about. But plenty of better places for my cash.
Afraid all the knowledgeable investors are out at the moment.
I know some companies have use this money to give a bonus to shareholders (eg Jarvis), but I presume they can just spend it on building more assets unless they have stated a purpose. ??
Agree with you Toashall1, but we were over 50p pre-Covid. I topped up at 50.75p (as well as 20p and many prices inbetween) and the dividend hasn't returned to the level it was at (0.75p). The more fundraisers they do around 35p, the less chance of getting back to previous levels.