Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
How about AH's new company Lorenzo Investment plc being the acquisition vehicle for AMC?
smithandmighty - You will receive 37.5p per share if you are holding on 23rd April.
"The Board has recommended a final dividend of 14.3p for a total of 23.7p in respect of the year ending 31 December 2020. The total of 37.5p per share for the year includes an interim dividend of 13.8p per share in respect of the year ended 31 December 2019, which was originally proposed as a 2019 final dividend but subsequently deferred in the light of the COVID-19 pandemic. Subject to shareholder approval at the 2021 Annual General Meeting, the dividend will be paid on 1 June 2021 to holders of ordinary shares registered on 23 April 2021."
Hell yeah, the dividend is to be 37.5p. They are also paying the deferred dividend of 13.8p from 2019 on 1st June to holders on the register 23rd April. Equates to a yield of 7.5% on a share price of 500p. If held in a SIPP/ISA tax free. Excellent news.
I see the Motley Fool have ramped our shares again. Saying we could be the next Amazon!!!! tut tut
The more you study, research, learn and apply the knowledge, the better chance of success eh Sasa? Didn't someone once say the more I practice the luckier I get, or similar. Bon chance. You still holding AMC?
Just took time out to tune in to the live presentation from PL et al. Breath of fresh air. Open, honest and candid. Answered all questions put to the panel. Many reasons to be positive. Todays share price clearly does not represent intrinsic value of PPC. Time will reveal true value but unlikely to be in next six months.
I have always thought it significant to the downside that not a single institutional investor has got involved. In the past it has been mentioned (more than once) that II get involved later in the day when greater certainty exists about project success. That being the case, today we are priced to fail. We read in the financial press about the amount of money sloshing around seeking a viable home and AMC attracts zero. Crikey, if the American dating site Bumble can attract a heady valuation post launch of US$13 billion where have we gone wrong.
That was an unexpected & "pleasant" surprise. Firm indication and confidence from Lance Baller. We should finally see some positive share price action over the coming months.
or should that be zzzzzzzzzzzzzz!
This RNS well and truly manages expectations. Basically nothing until 2023 with TEO submitted some time this year. Removing this share from the bottom drawer and placing it in the basement.
Thought perhaps we should change the thread title!! Immature?
I am seeing 187p to buy
"BAE Systems Named One of America’s Best Large Employers by Forbes" - Financial Times after hours today. Not too shabby and results due 25th February.
Joeydiamond - what percentage of probability would you place on the accuracy of the +/- 50% in II hands from your information source? Thnx.
Cherokee - It is very well accepted that asset prices and companies can be mispriced, and sometime dramatically. This provides savvy investors with opportunities. I firmly believe AMC has been mispriced for some time now. I do not know the reason why. But will give the BoD the benefit of the doubt for another couple of years at least, and until there is resolution and we know why. On boarding Bowens and Habib was positive for a couple of "obvious" reasons.
1) The Board were silently accepting they needed a couple of "heavy" hitters to take the project forward and assist them.
2) The two brought on have solid experience in the region and in commodities.
Digging stuff out of the ground is very long term, traditional style investing. AMC is negatively affected by the Russian factor and CoVid has not helped. The very full pot of nickel is owned by a Russian company which is a subsidiary of AMC. Easy to see why the western world ain't taking too much interest. For what its worth , and when it happens, my view is that the sp trajectory will head north very rapidly once everything is lined up. Interested parties (Glencore/Norilsk et al) will probably have positioned themselves alongside AMC many moons ago.
Look, we all know the crypto's can rise and fall by >+/- 20% before we have had our morning coffee, but this is old fashioned values, if you like "bricks and mortars", personally I still remain 80% confident this will return a handsome return from the current market price.
The Board are updating us when they feel it is appropriate. That is good enough for me. I do not sit on the Board of Directors of AMC, I am not an expert in the field of commodities and precious metals and I am not a keyboard warrior. If there is a whiff of the people I have elected at the AGM's onto the Board failing me according to my own investing values (and with no criminality) I shall sell my shares.
See you all at the £1 per share party!!!!
Cherokee - not sure it is appropriate or fair to openly criticise until we have seen the end result. I have been waiting 12 years in this for tomorrow to arrive - of course it never does. But it will,and every day gets us closer!!
Thanks Meelie. Brilliant. Really. For all the naysayers. I guess its like moving into the 110th minute of a game of football that has gone into extra time. That's where we are. 2-0 up and waiting for the final whistle.
16th December 2019 @ 7.65p and 3rd January 2020 @ 6.30p. Still holding and happy!!!!
16th December 2019 @ 7.65p and 3rd January 2020 @ 6.30p. Still holding & happy!!
Hoe are you seeing this CW25? More than interesting!!!
There was also a shed load of turkey busting delayed trades today totting up to c£500,000. Investors are aggressively jockeying for position ahead of the next RNS. Exciting times. The tortoise continues to edge ever closer to the finishing line.