The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Cenkos predict 1.1p EOY dividend.
Dimitri mentioned this a number of times during presentation last night, at current price that's a 5.8% dividend yield. at 27p it's at 30p it's still a 3.7% yield. You can see how the dividend, given the extremely low valuation has the ability to rerate the SP.
Sounds to me like the company are considering the Karnataka Solar Project again and maybe this won't be sold afterall. This is also supported by Edison.
Finally, they mentioned blockchain, I have no idea what this is about to be honest, but if this is something which can actually be monetised then this could be a game changer, we know how much aim loves blockchain
Edison research will read it later, going to work now. Hope you get something out of the presentation. If you could ask Dimitri a bit more about the exposure to coal, how this is managed, and the co. thoughts on where the price is going.
https://www.edisongroup.com/publication/full-power-ahead-2/29019/
What is a backwardation? It is when the spot price is higher than the forward price. Normal markets are round the other way to account for the time value of money and warehousing costs.
#tin A backwardation should attract metal into warehouses as consumption is deferred to when the price is cheaper. THIS IS NOT HAPPENING because of a MASSIVE imbalance in supply and demand and close to zero inventories.
Physical premiums are rising in Europe - as high as $800 and up to $1,000 for low-lead tin. THIS IS AMAZING as the Cash-3 months spread on the LME is nearly $3,000 backwardation. This means it is $4,000 more expensive (17%) to buy tin today than from warehouse in 3m time.
@METhompson72
Correct Alfa, receives 94% pay of contained tin as per Quarter update.
OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that a company controlled by Gupta's family has sold 300,000 shares at 17.05 pence per share and another company controlled by Gupta's family has purchased 300,000 shares at 17.25 pence per share. As a result of these transactions the Gupta family's shareholding in OPG remained unchanged at 206,642,166 ordinary shares (51.57% of total issued OPG's share capital).
Gupta's Son "Hi dad, I've sold some shares"
Gupta "You fool, do you not realise the yield we're getting on these soon" Rings broker "Buy back my fkin shares now"
haha
Disclosure: not in.
I've heard of Nurformix for some time and personally was never a fan of the last CEO, always seemed to be waffling imo so stayed out. However was always a fan of what the company had. Now I see it down here at a <£12M mc is absolutely baffling.
Really torn as to whether or not to jump in here, would've liked them to have raised a bit more in that last raise so I could be at least confident that some news could come before a raise (I'm aware of the Oxilio situation).
May be back here if I grow a pair, otherwise I will wait for the next raise.
Best of luck all, if good news does come before any placing this will absolutely rocket.
A very interesting watch. Had some really high quality speakers on show tonight. It's becoming clear that more US companies are looking at listing on AIM and the discussion was about how good this can be. Whether Polarean take the step onto the US market, we'll have to wait and see. But Nicholas is a well travelled man and will have plenty of contacts in the US, and obviosly Stifel themselves are a global company.
a very interesting future awaits Polarean.
Addition to the original thread. https://twitter.com/man94_con/status/1369294695340400648
If people have to time today at 16:30 a very interesting event, that if you believe POLX will list in the US will provide us with some excellent insight.
https://www.lsegissuerservices.com/spark/us-growth-company-ceo-story-london-ipo
The Defense Logistics Agency (DLA) - a support arm of the US Dept of Defense - is offering two truckloads of weather-damaged #tin for sale next month.
oh dear oh dear
Personally I don't really get the comparison. ATM has a huge lithium resource. From what I can see the AFM is a pure tin play?
happy to be correct if I'm wrong on this, but their presentations and recent financial statement I can't see any other metals.
There's also the small matter of the DRC.
Sit tight and just wait for the Tantalum news. It's coming.
There are less shares in Poland so they're harder to get hold of. However both trade the same set of shares as confirmed by the recent RNS. People can do all the maths they wants, but ultimately if the company was sold tomorrow, we'd receive the same amount per share as would the poles.
https://www.westmetall.com/en/markdaten.php?action=diagram&field=LME_Sn_cash
I've not sold a bean yet, been holding for a few years.
look at the resource, look at the plan to expand.
It's huge. With tantalum coming online some time this year, all helps the financials.