Member Info for dcgc

Wyloo are declaring their relevant interest in GGP post Scheme of Arrangement through their option in Newmont`s holding. This is a regulatory requirement.

Wyloo has an interest in the Newmont shareholding through the option .It hasn`t yet been exercised as I read the RNS .

I think you can trade AIM shares until close of play thursday in the normal way .

They are more likely to be in a position to steadily increase the dividends by fact that they are making surplus profits currently to buy back their own shares . Nothing is guaranteed obviously.

As far as I`m aware Rio don`t have any interests in gold . They seem to concentrate on the basic metals such as iron ore, copper, aluminium etc. Telfer / Haverion would have been a great opportunity to add a Tier1 asset to their portfolio if they were looking to go into gold.

It`s a way of distributing surplus capital . Reducing the number of shares in issue should in theory increase future dividends as the same amount allocated to dividends the following years will be divided by a smaller number of shares in issue.

Serica might fit in with Ithaca . They have many interests in the North Sea.

If not I can see the Government issuing further licences and allow new drilling. They have done so many U turns one more won`t matter. So if they bide their time they might be able to developer their existing dormant prospects.

Armani , I hold your 4 insurers plus Chesnara who are a similar company to Phoenix. They also have a yield of over 9% ,worth a look. I regard them as cash cows and provide over 50% of my portfolio income tax free as they are in my ISA.

I agree .With so many variables ie average grade ,price per oz and amount of gold to be mined it is impossible to give an estimate of what Greatland is worth. This is what makes it exciting. I did well with this share first time round and think I will do even better over the next 4yrs.

Now the Government is at last seeing sense regards Net Zero there must be a greater chance of our Cambo field in which we hold 100% interest being developed. With Rosebank almost certain to proceed now we are in a very strong position to be able to maintain our very healthy financial position.

They go xd on the 24/4 payable 20/5 . Can`t see them cutting that

In another few weeks the climate may look a lot different . They have been about 3 yrs looking for a suitable new acquisition with money in the bank .They may now pick up a bargain in this market.

Todays announcement regarding the copper sale ,although the payments are deferred is good news as its showing as nil value in the Balance Sheet.

Thank you Andy and Londoner .

As I understand it a lot of our current and future production for both gas and oil through to 2027 is hedged at favorable prices compared to the current price. If this is the case then I consider our current price is failing to recognise this .Perhaps someone with a deeper understanding of our hedging programme can confirm or otherwise if this is factual.

I can`t see this deal with ENQ going through as is there is too much uncertainty on our side which will lower our valuation. Let`s get Triton sorted and producing before we negotiate any merger. Meanwhile I`m happy with the dividend.

If you are still holding them at close on the 9th you will be entitled to the dividend .

Iwas under the impression Serica by using bt/fd losses didn`t pay the 40% Corporation tax.They only paid the production tax /windfall tax of 37.5% .Whilst they can use the losses it remains more profitable to stay here. Perhaps someone can correct me if I have it wrong.

With a dividend of around 24p per share they look good value .

GS down graded us to neutral from buy but left the guide price at 160p .Obviously a weak oil price doesn`t help our cause either.

If Rachel from accounts takes advice and opens up the north sea for drilling we will be in a very good position. Miliband is losing ground within his party and it makes sense to extract at much oil from the north sesa as we can whilst we convert to alternatives.

In the meantime I`m happy to keep receiving very healthy dividends.

At 15 Jan the NAV inc income was 222.8p ,the NAV excluding income was 218.8 Does this mean if they pay the normal dividend of 6.2p there`s currently a 2.2p shortfall or am I missing something. Do they normally pay part out of capital.?

With the dividends expressed in cents a weak £1 should mean a higher payout.