Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I was just reading Kingfisher’s results from yesterday. On the new financial year, Wickes reported sales ‘in line with’ last year. Kingfisher are seeing ‘improved sales trend’ in the UK and Ireland. So based on those two, early signs may indicate their market has at least begun to stabilise, and will possibly improve throughout the year.
Https://www.theretailbulletin.com/general-merchandise/wickes-promotes-sarah-taitt-to-role-of-chief-property-and-services-officer-26-03-2024/
Gives greater focus, I imagine.
Https://www.lse.co.uk/rns/AMRQ/2023-full-year-financial-results-zd04qsbuudjuz1s.html
Price taking a dip today on all venues. Results tomorrow.
It seems a moot point. Whether Newmont can extract further capital expenditure from a buyer, or keep it longer in care and maintenance due to the aquifer, whilst being seen to comply with responsibilities under the JV.
There are so many variables in play. On POG, one doesn’t know but I can see a distinct possibility of a requirement by a lender of x amount of gold being hedged, in the same way as on the original bank lending, and subject to FS criteria.
I don’t know about Lassonde curve, but imagine the height of a rise will take into account shares in issue/market cap. And on value, earnings per share will be important, particularly for those seeing the prospect of dividends at some point ( fairly distant ?)
And there’s repayment to consider on any form of debt in addition to that already agreed, whether by bank, CLNs, whatever.
The FS will amend/update figures currently used in calculations.
Ace. Good afternoon. The terms of any fundraise, equity/debt, encompassing development and acquisition costs, in a nutshell. Not talking it up or down and I may ‘miss the boat’ others are in, because it may move quickly. But there might be a window of opportunity - or not.
It was a conversation about Mr. Baxter. Nice bloke I should think.
Seems not to have been one to follow from a pi standpoint though, in his personal share dealing. That’s become self evident I agree.
I made my decision months ago. I’m waiting to make the next one. Maybe. .Why I read this board.
Have a good day.
It appears one disposal may now be subject to an active sale process.
https://www.bloomberg.com/news/articles/2024-03-22/newmont-s-akyem-ghana-gold-mine-is-said-to-draw-chinese-interest
Wickes, like others, rely on discretionary spend for bigger ticket items. Early days, but mixed metaphor perhaps at the bottom and turning a corner.
https://www.bbc.co.uk/news/live/business-68581527