The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
the response I got from AT before the mini update - makes me think the Q2 update will be worth talking about. We shall see.. Cracking RNS today though Anyway GLA "We will be making an announcement very soon and look forward to discussing this with our shareholders once public".
nice post savvy - this is gold but not as we know it Uses of Perlite / Info Perlite is a glassy volcanic raw material, usually of rhyolitic composition, which, when heated in a furnace, pops like popcorn and expands up to 20 times in volume into a white or pale coloured, low density material used in: � Various industrial and household applications such as insulation, paint texturing, plaster and concrete fillers, building material fillers, formed insulation, field conditioners (soil porosity enhancement), and fire proofing. � Filter aids (in competition with diatomite). � Insulating industrial cryogenic storage vessels. � As a potting medium in gardening and horticulture to aid water retention and aeration of the soil. The applications for expanded perlite were building construction products, 53%; horticultural aggregate, 15%; fillers, 15%; filter aid, 9%; and other, 8%. Further information on perlite uses and specifications for different uses is given in the Perlite Institute information sheets included in Appendix 1. Perlite Market World perlite production was estimated to be approximately 4.6 million tons in 2016. The world�s leading producers were, in descending order of production, China, Greece, Turkey, and the United States, with 40%, 20%, 20%, and 10%, respectively, of world production. Although China is the leading producer, most was believed to be consumed internally. Greece and Turkey are the leading exporters of perlite. Greece is the major source of US imports, mainly into the eastern states, where it can be competitive due to the coastal location of perlite mines in Greece. Data from the USGS shows that, in 2016, US domestic production of raw processed perlite (crushed, screened and sized but not expanded) was estimated to be 473,000 tons with an ex-mine value of $28.9 million (average $61/t ex mine). Consumption was estimated to be 585,000 tonnes with a 19% import dependency. All US domestic production of perlite comes from the western states, principally New Mexico and Arizona but some also from Oregon, Idaho and small amount from Nevada. Crude ore production was from seven mines operated by six companies in five western states. There is a substantial differential between the price of raw perlite and expanded perlite with expanded perlite frequently sold to end users on a volumetric basis. The average US sale price for expanded perlite in the US in 2014 (last date published by USGS) was $332/ton ex-works (compared to �57/ton for raw processed perlite in the same year). Some milled expanded filter aids sell for substantially higher prices. Imported raw processed Greek perlite was valued at $108/ton landed in the eastern states in 2014. Current (April 2017) published prices for raw perlite ($75-90 FOB east Mediterranean) and expanded perlite (milled filter aid ex-works USA $850-1100) underline the value added in the expansion process and prices increases since the
How come they the mms allow GGP to raise 50% today on very average news when compared to SRES. Would welcome views. But we know where it will go and quite soon imho Keep those shares close to you.
I'm sure they will have some news soon. Intend to get some more shares soon also. Keep the faith.