Member Info for Denziiil

Yes BDS, for anyone that doesnt understand dividends, you have to be holding end of play on those dates to qualify.

$25M dividend 1st July.
$50M dividend 15th July.

Now might be a good time for that buy back don't you think?
Might look a little cynical timing wise, but never a better opportunity.

Decline had nothing to do with GKP, its across all indices.
Jadestone very similar boat.

4th August achingly close now.
With early repayment done of debt facility, are we about to see another bonanza dividend?
I think it was 39.8c? Last time?
Same again or higher incoming.

12 Trading days until results.

100% Lucky, massive hint.
'including recent growth in both the Group’s production volumes and product quality, following the recent completion of investments throughout the Group’s operations.'
I hope Schroders dry up.

Take the Thungela chat elsewhere please.

Hi quality steel?

First week in August.
Lining up for a monster divi IMO.

I think highest pellets price this year, and was possibly an all time high, $329.70, on 12th May.
Price has quietly crept back up today to $I think highest pellets price this year, and was possibly an all time high, $329.70, on 12th May.
Price has quietly crept back up today to $323.70.
Makes it the 2nd highest.
??

Very bullish Lucky,
Let’s see how long China can keep the squeeze on.
Pellet premium at near all time high continues to support the fact that supply is the only real story here.

$306.20

#FXPO H1,20 Avg PLATTS CFR 65% Fe iron ore fines price achieved $105.90/t.
Pellet premium was nominal.
C1 cost $41/t.
approx margin achieved $75/t.
H1 profit after tax ~ $250M.

At a spot $298/t, company making 3.4X H1,20.

#FXPO at current fe65 pellets spot $280/t, generating in excess of ebitda $2B per annum.
Market cap currently £2500M/ $3.4B.
Local politics aside, (and there possibly lies the opportunity) this should be multiples.

Fe65 pellets $265/t unvrkw.
China I think commands an average of c$20 discount against those prices, and has been dominant buyer.
FXPO C1 costs c$44/t
Company clearing $200/t

Plus fe65 showing strength against lower grades as China struggles with emissions.
Now if only someone will give Putin Nordstream 2 back so we can all crack on, that would be great.

https://twitter.com/robert__rennie/status/1371327666108780547?s=21

with a free cashflow yield of 74% for 21 up from 37%
https://www.sharecast.com/news/broker-recommendations-/broker-tips-itv-ferrexpo-experian-pearson--7837663.html

A staggering $1.8B of free cash flow.

Completely agree with you Luciano. I have a lot of young employees.
Fast buck, herd mentality on them is shocking, and don't say a bad word about bitcoin.

Reuters has become clickbait.
Throw away headlines for the internet age. Sadly we are going to have to get used to it.