Member Info for Digger01

Profitaker.

I was referring mainly to additional revenue, which will go straight to the bottom line due to increase in POO, rather than what the extra cash will be used for. So the reference to debt reduction was just one possibility. Still a good scenario

Based on oil price only at average $90/b over the last three months to the end of May, that equates to circa additional $80m allowing for 30% hedged. Serious dent into debt. This is looking very cheap at 20p. Maybe someone else would like to verify that.

Not sure what impact this may have.

https://oilprice.com/Energy/Energy-General/Kazakhstans-Critical-Mineral-Boom-Collides-With-State-Control.html

Https://www.londonstockexchange.com/news-article/SEIT/interim-dividend-declaration/17511556

I assume nothing to do with Divi as it’s not been announced. Just the continued slide with no news of the asset sell off. With current focus on oil price, one would expect energy efficiency to gather a renewed momentum if it continues.

You are correct! No announcement yet, which is unusual.

Clearly they see value in this company, that’s a major positive for me. I have plenty of these shares already, so no more risk until confirmation of indicated disposal and continuity of business.

Thanks for the post Trek. This could well be a bargain at this price, with more patience, especially if they maintain a good divi.

Https://benjonesinvestments.com/wp-content/uploads/2025/11/Anglo-Asian-Research-Report-0825-FINAL.pdf

Good research RetiredBanker.

Perhaps in the balance at present, but any interest rate cuts may push price again, but I agree that circa $3500 is a solid base and very profitable for Altyn.

From Fxstreet.com 4th Sep

Despite the slowdown in central bank buying, the World Gold Council remains bullish.

“We maintain our view that central banks will continue to add gold to their reserves. Our Central Bank Gold Reserves Survey 2025 shows that respondents overwhelmingly (95 percent) expect global central bank gold reserves to increase over the next 12 months, while 43 percent believe that their own gold reserves will also increase over the same period. Notably, none of the respondents anticipate a decline in their gold reserves.”

On net, central banks officially increased their gold holdings by 1,044.6 tonnes in 2024. It was the 15th consecutive year of expanding gold reserves.

Last year was the third-largest expansion of central bank gold reserves on record, coming in just 6.2 tonnes lower than in 2023 and 91 tonnes lower than the all-time high set in 2022. (1,136 tonnes). 2022 was the highest level of net purchases on record, dating back to 1950, including since the suspension of dollar convertibility into gold in 1971.

To put that into context, central bank gold reserves increased by an average of just 473 tonnes annually between 2010 and 2021.

World Gold Council analysts expect the trend to continue, with buying “close to the range seen over the past three years on continued elevated trade-related risks and uncertainty premia in U.S. assets.”

The WGC also noted that “diversification” with “a reduction of U.S. assets” is one of the factors driving central bank gold buying. In other words, de-dollarization.

Reads well Trek, but this guy totally slated AAZ a few weeks back and the SP there has moved north considerably, so I don’t trust his judgement. Having said that, I think the article is a fair assessment at this time.

You and me both.! Sadly, based on this massive fall, I sold another Pharma on positive P3 results which then went on to five bag after two years and US product launch, so it cuts both ways! Annoyingly I got it wrong both times. What a game this is!

The news seems excellent, but looking at the last financials, are they likely to raise on the back of this?

I would be interested in hearing others more knowledgeable thoughts on this.

Let’s hope that common sense prevails and we all have to accept personal responsibility when it’s not direct intentional deception or a scam.

Https://www.msn.com/en-gb/money/other/uks-reeves-launches-bid-to-protect-car-loan-providers-in-mis-selling-case-ft-reports/ar-AA1xy3E1

Thank you for the link Dartron

I have just seen this morning’s news and I am new to this company. I am currently invested in STB, where there is major concern over their personal vehicle finance lending, due to possible major compensation claims.

I have the main points of the 2023 annual report of this company, but cannot ascertain if they deal in vehicle finance in the same way as STB.

Before I invest here, I would be grateful if any existing holders could enlighten me in this area of lending?

Https://www.reuters.com/fact-check/human-metapneumovirus-china-is-not-new-no-state-emergency-declared-2025-01-09/

From the chairman’s statement conclusion of the September Half year report! Sincere????

We maintain our promise to work diligently and energetically to revitalise SDX and leverage the unique position in which the Company finds itself to create significant, sustainable value for our shareholders.

Jay Bhattacherjee

Non-Executive Chairman

I can’t see any reason for this, other than to generate family cash and possibly to mitigate potential losses from IQAI? IE if IQAI is sold, he still benefits from owning 25% ish of BRH, if IQAI struggle, he has already cashed in.