Member Info for EdwardSeaton

This discussion board is like a lunatic asylum.

Everyone ranting madness, in the deluded belief that someone is listening.

Wrong country.

He has history. Don't rise to it, Brad.

Every discussion board has an underlying flavour.

This 'shed in a jungle' outfit has a flavour of relentless blind faith.

So much so, that I was once nearly persuaded to buy some.

Thungela confirmed earlier in the year that breakeven in SA was between $80 and $90, dependent upon volume.

In Australia, it is a little over $100.

So certainly not making a loss.

I'm delighted that AML exists as a company, but it must be understood by all that share ownership is a form of sponsorship, not investment. To think otherwise is very far beyond delusional.

Yes, but saying 'the 3 month graph suggests to me that we are about to go above £8' is a reasoned opinion.

Saying 'It would be nice to be over £8 for the weekend' is a statement of nothing.

Random speculation, unanswerable questions, and expressions of blind hope add nothing obvious to the experience of following this thread.

What ever is the point in re-posting (twice!) almost the entire contents of the LIve RNS update?

What is it about this ridiculous share that encourages so much drivel to be written every day about nothing?

The endless repetitive speculation makes this thread completely unreadable.

It is true that just over half of LAS is held by Hellers, but at this price, it wouldn't be hard to be by far the biggest shareholder. Nobody but John derives any meaningful benefit from the company as it stands, so why wouldn't others sell?

I really don't think they are a bad lot, but I do think they are currently trapped by history, and have ended up with two of the most bizarrely structured companies on the market. There is enormous value to be unlocked with some pretty simple re-organisation and increased share liquidity.

For £4m, you could now take control of LAS, and simultaneously take effective control of Bisichi and its £13m of share investments and £7m cash.

If the Heller boys aren't careful, they'll lose control of the golden goose.

There is no thread on the LSE website that attracts more fantasists than Tirupati.

How can there be so many posts about a shed in a jungle?

The 212 boys are having a boozy lunch on the table next to me as I type.

Is there a reason went you kept your broker's name a secret?

Click TGA Live RNS

Click Dividend Declaration

Read answer

I nearly bought some more on Friday, but ran out of time.

4% more today - pure luck.

Far be it for me to tell you not to be cross about director costs, and I'm not saying I don't have a negative opinion.

I'm just saying that if they had paid themselves £2m rather than £4.5m in 2022, all other things being equal, I don't think the current share price would be materially different.

What would make a huge difference is clarity of onwards dividend policy, of investment holdings, of property assets, and of medium to long term strategy for their mining and investment holdings.

And the biggest difference of all would come from properly separating LAS and Bisichi.

Well, we know that M Heller won't cost £800k this year.

TBH, I don't much care what the directors cost - it's the opaque business structure and random dividend policy that irritates.

It makes valuing the shares a near-random exercise.

Fairy1 - is the Financial Diary tab above not clear enough?