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wrongun ... I read you to the end " NOT IF BUT WHEN" ......... just seemed like a doomsday scenario but hey its Christmas and goodwill to all . It's been a record year and Ive still got stock at 1.29 and happy to have it .....
wrongun Have you been Doomsurfing? We are not investing here in the price of Gold (POG) we are investing in a company that has consistently made a profit no matter what the POG is the only fall that matters is a fool that can't read the figures, the fundamentals here are too good to be true. Shareholders have already received their investment back over the years I have re-invested the dividend back into shares here and it is one of those stories to tell the kids at Christmas..... I guess you will be reading the 'Grinch who stole the Gold?' lol
Last 5 years profit v gold price
2019 $12m Profit $1500 POG
2018 $17m Profit $1236 POG
2017 $3m Profit $1250 POG
2016 $9 m Profit $1130 POG
2015 $6M Profit $1070 POG
I could go on....
merry christmas everybody it's apparently time to short gold and bitcoin and Turkey stock futures!
9 months revenue $50m ... 12 months will be $75m !!!!!!
Costs will be lower than last year, cheaper energy, lower taxes, higher gold prices and a preferential exchange rate. The net profit for the year will embarrass the sp the special dividend will be almost shameless ... how dare we? I’m fully loaded and if it dips before the next news I’m throwing my credit card balance in as well.
Returns here over the last 5 years have bought everyone lots of new pants by way of dividends. Miners who make loadsa money and don’t pay dividends Like Shanta for example keep their holders waiting for a day that never comes. Dilution, fundraising, more exploration more promises NOT here you get what it says on the tin profit and dividends. Straightforward proper investment, they have an SP target of £1.50 before bonus shares are rewarded to the directors. The Group has continued with exploration drilling near-mine and proximal step-out targets in the vicinity of the Asacha Gold Mine. Additionally, an aeromagnetic survey was completed over the Asacha licence area with the objective of identifying new exploration targets. The Company expects to report the outcomes of these exploration activities shortly
The scoping study on the Rodnikova deposit, and expected to finalise in 2020. Next week is also news of JORC if they have time whilst digging all those massive nuggets out.
14652 oz in Q4 that’s a 25% increase in Q3 and its exponentially so who knows ?
NO shenanigans here, never has been. They warned everyone that the sp was too low, they threw a 6% dividend at us, they have news to come before the end of the year that will see this heading for their 150 target. Last 5 years will show how open and trustworthy they are. The SP should never have drifted with the pog as they have more gold than ever.
There’s a Rottweiler on the prowl. Michael Spencer perhaps
Cheap Power
Lower Taxes
Amazing JORC
Higher Gold Price
New Discovery
Advantageous exchange rate
10% Dividend
Wrap up some more shares in TSG and I’ve got all of the above for less than a quid!!
PLUS OTHER NEWS: We look forward to updating our JORC-compliant Mineral Resource Estimate statement at the end of this year, which will incorporate all of the new drilling results and exploration data. Meanwhile the drilling campaign continues."
We are expecting news soon, this month, any time now, regarding the million dollar question.
RNS 28 OCT 2020 - The Group continues to progress with a scoping study on the Rodnikova deposit, and expects to finalise this in 2020.
Feb 2020 (Alliance News) - Trans-Siberian Gold PLC on Monday reported a mineral resource estimate of 1 million ounces of gold at its Rodnikova deposit in Kamchatka, Russia.
Could be a good year after all
https://www.miningmx.com/trending/44559-un-reports-6000-children-forced-into-gold-mining-in-mali-amid-covid-19-pandemic/
I was just looking to see if it was time to return to RSG and came across this report, having lost out at BOOhoo - Just wondering if the company has made any announcements, if not someone ought to ask them.
last 5 years have returned a profit and paid a dividend ........ they defy gravity. Too many people watching Gold futures and trying to equate it here, but it never works and give it a week and they will bounce up. They will make a profit and pay a dividend same old story.
Total Shareholder Return is today 1.10 (1.04 + div .06) so they need to get the SP up to 1.50 or pay 40p more in dividends or both increase the SP and pay some div. This is so investable and it looks like a straight line up from here. Here's the main bits ;
Under the terms of the Scheme, the awards are subject to various vesting criteria.
Half of the Non-Employee LTIP Awards will vest based on absolute Total Shareholder Return ("TSR") performance measured over a 3-year period, with 25% vesting for a closing TSR of £1.09 rising on a straight-line basis to 100% vesting for a closing TSR of £1.50, or will be banked (but will not vest until the end of the 3-year period) if TSR is £1.50 or above for 30 continuous days at any point during the period. The absolute TSR targets have been set to be consistent with the LTIP awards granted to Executive Directors on 5 June 2020, as detailed in the RNS announcement dated 8 June 2020.
Holders of these awards will only accrue value in the event that the Company's shareholders receive value and return over the time period through a combination of share price appreciation and potential distributions of capital, thereby aligning the interests of the grantees with those of all Shareholders.
Brand Value $637 million v market capital $240
Where's Louis Vuitton when you need him?
...... another few percent and Tosca have to make a bid
stt1 Please read this survey and also note that there are only a few sanitisers that work for 24 hours and thats why SC Johnson have licensed from Byotrol.
https://illadelink.com/hand-sanitizer-market-size-share-and-trend-to-surpass-usd-17-2-billion-by-2026/
"The players are who helping the health care sectors include Byotrol plc and SC Johnson."
Wouldn't surprise me if one of the big boys takes us out now.
TSG has got a thing about DIVIDENDS
· Interim dividend of $7 million resulting in payment of $0.08 per share (H1 2019: $2.0 million resulting in payment of $0.023 per share)
· Largest single dividend payment made to date in the Company's history; total capital returned to shareholders $40m*
· Upgraded dividend guidance for the full year to be announced shortly
.We are pleased to declare our largest single dividend payment ever and maintain our objective of delivering attractive returns to shareholders.
.Interim Dividend
The Company has a proven track record of returning capital to its shareholders.
.For 2020, TSG set out to pay a base level of dividends of approximately $3 million.
.The Company is pleased to report that the Board has declared an interim 2020 dividend of 8.0 US cents per share equal to approximately $7 million (H1 2019: $2.0 million).
.Given the strength of the operational performance and favourable trading environment, the Board is confident in the expected cash generation in H2 2020. Having already exceeded the stated guidance for dividends for FY2020, the Company is reviewing its anticipated financial performance for H2 2020 and will provide further guidance for a revised base case of dividends in due course.
Reading between the lines I'm thinking Special then Final dividend
Upgraded dividend guidance for the full year to be announced shortly unquote
Note it says UPGRADED .......it’s going up
They’ll wait until they have October’s figures which I believe are outstanding and chuck in another$5m
They are the only miner I have that just stick to the job of making money.
Product sales for the first quarter to 30 June exceeded £3.4m and orders for July and August continue to look encouraging. Our order book at the end of June stood at approximately £2m. Our current net cash position is healthy at £1.8m.
The last trading update 24th September was very clumsily written “ Our forward order book now sits at £1.1m, reflecting a modest summer lull in purchasing activity and to some extent the evolution of the customer base. ”
This should have read our income for the 1st 6 months has already exceeded the whole of last year with little respite in sales and a solid customer base.