Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A hole
Horrendous. Impacting results for this and next year. Will require resuscitation from Group to continue. Hard to believe. Surprised sp not sunk no pun intended.
By 10 business days was what I was told but divis appeared this afternoon. Strangely, still waiting for KLR divi from 2 Fridays ago. Told KLR had paid wrong amount and BARC could not pay divi yet due to financial legislation !
If this comes to pass, should have read positive catapult alert. Citi seriously suggesting that 17bill hit could be reduced to 1/5 th of that amount, courtesy of statute of limitations. Either City are ramping/trying to exit or forget catapult, make it a Trebuchet ...
Likewise, AGM statement and xd shortly, quite a good div. Sp heading to 70 IMO
7% anyone any idea why ?
SAG sitting on massive loss in exchange for a minority holding with IMO little/no chance of turning things round and getting their investment back. IMO looks like a disaster for them ...
Lady with dog down park has given me heads up that £3 due on Friday 09/09. Crystal Ball ? No, apparently she follows Poundf site which provides daily/monthly/annual forecasts for share prices. Seems NWG trades between 284 and 302 on above date. I was more interested in their take on post consolidation price. They forecast small drop between 30/08 and 31/08 from 274 - 290 to 270 - 286. All complete rubbish of course but good for a laugh and she did have a very expensive hound ... PS gets to £4 in March 2024 ...
After all this time, still no news as to how it will adjust or exit the loss making Maritime projects - why ? In addition, net debt rising at alarming rate. IMO cannot go on like this, something has got to give.
Tax liability that could not wait few weeks...
Rose and gov selling before consolidation. Says it all.
Previously London listed miner WRES with mines in Spain/Portugal has suspended operations and listing due to obscenely high energy prices. So have other companies. Hope RNO has a handle on this, because if not, the YUK purchase could be a complete disaster.
Hunt the Cent has KLR at Buy with target £11.
Reckons shares are well behind historic averages.
US results muted on costs and materials availability.
Net debt up, but forecast changes ‘negligible’.
31% increase in the order book highlights direction of travel.
PE only 7.3x for 2022 and an enterprise value/Ebitda of 3.6x, both well behind historic averages.
Add to that the progressive divi and it is IMO difficult to understand sp response to results.
Kangaroo anyone ? Then contact Natwest Markets who are considering issuing a new 3 year Kangaroo bond. Nice to see some initiative from Natwest Markets.