The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
am i right in saying that for every pound issued the lender gets it at 96p + interest.
however, when repayment comes, ccl has to pay back 102p.
so with 2 billion, the loan shark gets it for 1.92 billion.
in repayment ccl pay back 2.4 billion.
that is a death trap if my calcs are correct.
again. few more days left.
everyone getting nervous.
sells are widespread.
price coming down daily, mm's getting agitated.
and the comes final day of june. "ans have signed off all dox, and now we are anticipating money next month"
is stated wrong on this site. should be arounf £56 million.
even at pound share, this will only be valued at 64 million.
This will probably follow AAZ's spike to 135p.
May hit 180 depending on profit for first half.
those wishing for 60p, would give mcap of 37 MILLION. Reaaaaaaaally. Go and look at krappy ALTN. when something rerates, it goes beyond imagination.
https://www.investorschronicle.co.uk/shares/2020/06/09/trans-siberian-gold-s-niche-safe-from-covid/
Trans-Siberian Gold (TSG) has a niche position as a small miner that pays a hefty dividend. Sticking to that has been made easier as it has so far avoided the Covid-19 outbreak that has seen other gold miners slow, or suspend, operations. The company declared a 2.3¢ (2p) final dividend for 2019, equal to the half-year payout.
It has not all been smooth sailing, however, with the up-and-down nature of underground mines resulting in the estimated size of the Asacha reserve being reduced by 200,000 ounces (oz) of gold, and grades fall in the first half of this year. Trans-Siberian said it was looking at a lower production year in 2020, guiding to 38,000-42,000oz, down from 43,479oz last year.
Cash profits in 2019 were up over 10 per cent on the year before, to $26m, from higher gold production and the stronger price. Operating profit was down a fifth, although without the reversal of a $4m impairment for ore stockpiles relating to 2018, that metric would have been flat.
Trans-Siberian made great leaps on the exploration front in 2019, finding a new vein that could be twice the size of the original orebody at Asacha, according to management. Spending this year has been focused on drilling for the new orezone, called ‘Vein 25 North’.
IC View
On top of the drilling results from Asacha, shareholders can look out for the scoping study for the Rodnikova development project in the next month. The miner bought the rights for $3m last year, and the study should give it a definitive value and provide an idea of the costs to bring it to production. Buy.
also i wouldnt be surprised to see this PUMPED up 1.6p. its being manipulated. oh no but these litle penny buys are real
dont get caught out in the pumpNdump cycle.
oh no, but this has huge potential. yes if harry wasnt ere
never in the history of AIM have i seen a SP rise when there was a massive dilution from 1 BILLION shares to 1.8 Billion shares.
its already worth £22 miilion mcap.
you will all be in for long term now until retirement.
even after production the maximum mcap for a junior gold miner struggles to go beyond 100 million .... eg, SHG HUM ALTN
Harry will be building a new swimming pool with all that money