Member Info for Denziiil

Net cash positive Ivor, so still have debts, but cash balance is much higher.

Christ knows,
that wasn't very nice whatever it was!

Well, I didn't expect us to be down when I woke up this morning.
Come on CAML wakey, wakey.

Thanks Luciano. Randomly realised I was on updated settings and could switch to classic view. Sooo much better.

Have moved to II since The Share Centre got bought out. And well they’re crap.
Interface is utter ball sack.
Can anyone recommend a decent broker?
I can’t even figure out how to go through recent orders. Just a shambles.

If you get clearance from HMRC that it is allowable your broker will re-enter the reclaimed tax back into your isa without touching the allowance. HMRC are a lot quicker to respond than the Suiss. Genuine thoughts are that if your Suiss tax withholding is really that important then you’re probably going to be ok anyway.

And C1 /out of the ground costs $41/t.
Production ramping up from 12 to 13Mt this year.
Net cash positive and flying in.
Crazy.

Agreed Hunter, has to be the company 5 year plan to get to 20MT.
$350/400M capex. Easily doable even at much lower iron prices.

I think Baron's estimate was a free cash yield of around 38%, £760M free cash this year.

Fe 65 pellets holding up well at $236/t.
Next dividend in March 13.2c has to be a dead cert surely unvrkw.
A 20c dividend in March would cost the company around £120M.
They can certainly afford it, so fingers crossed.

Your investments since March up 6 times?
Ok let’s here them then?

Sorry, Walter Mitty types though. Lol.

Wasn’t aimed at you Hunter. It was aimed at the guy with ‘30 years experience’.

Man up bed wetter.

Put in a banging hammer at the end of play. Fingers crossed for Monday unvrkw.
R rate now between 0.8 and 1 in the South, fingers crossed other regions.

As far as i can work out robin,
FXPO achieved a pellet premium of $21.10/t in H120 and an av sale price including pellet premium of $127/t .
With very low out of the ground C1 of 40.9/t
This achieved an ebitda margin of $86/t.
At today’s prices the company is achieving ebitda $205.7/t
Market will catch up.

No apologies robin, i’m glad someone else is posting prices.

No need to shout unvrkw,
I will whisper very quietly today’s fe65 price was $194.5, but the pellet premium was a monster $51.3
Total $245.8/t.
There’s also something else happening on the quiet, and you have to ask yourself why.
The 65 spot price is moving away from 62 spot price and the premium growing.

2.2x p/e at these prices and 3p per week cash build.
Just nuts to be at these prices.

The most definite answer I have found for H1.
Sales volume 6107kt.
Revenue $776M.
Price achieved $127/t
av. fe65 price $105.90
Therefore pellet premium achieved. $21.10
Hope that helps.