The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
The NAV looks like it is the shareholders equity per the accounts divided by the shares in issue.
Excellent post Broomfielder. Unfortunately a lot of 'investors didn't do any research and bought based on what was being posted on here and twitter.
Some were saying NAV plus 14m plus 15m from JV. When in reality the 14m is already included in the NAV, the 14m is simply equity reserves and the 15m will come in some time in the future and may or may not be returned to shareholders.
The company has reclassified some capital to distributable reserves. There is no cash created- it is a tidy up exercise which means in the future dividends can now be paid but that is subject to cash being available. It is uncertain when cash will become available.
They aren't discouraging. They have a duty to report correct information and ar clarifying previous RNS that no money to distribute reserves at present.
Whats the current market cap
What are people expectations here for next 6 months?
I've carried out my research, positioned and waiting for news. Good luck all.
With all the recent issues such as China payment, Dan leaving and big shareholders selling trust and sentiment seems to have disappeared for now. Same people ramping on twitter and creating spikes!
As reported by BMO Global Commodities Research today:
“The next leg higher for #vanadium prices will most likely come on the back of improving steel output across the western world. China became a net importer of vanadium products for only the second month since the early 2000s”
Anyone know if there is a possibility that SVE are selling too?
People do care. When he was buying everyone was using it as a positive. When was the last time he posted here?
Hi Dana. If the deal isn't approved then the share price will fall if no higher bid was made?
#jkx
1.Avg daily prouduction up.
2.Rev down due to mkt conditions but profitable.
3.Debt free. Finance costs saving c0.5m in H2.
4.Strong cash balance. Similar to net cash at 31.12.19.
5.Seeking payment for international award ($11.8m).
6. Gas and oil prices increasing.
Why are we down?
Don't know the answer but no pleasing some. When a company doesn't provide updates people complain and when they do they still complain.
looks like munxhbox wants in
Should say economy of the region
The region of the economy relies on oil. There has been positive talks today and this can all be seen on TVPeru twitter page. Good luck all.
Exactly and gold price is rising. I see a lot of negative posters suddenly appeared looking for a cheap entry.
No need to worry. See what is happening in senegal. Orr should hit big there and drilling is currently being conducted.
Polinvest you dont make sense. Its not risen yet in recent times so how can you say pump and dump.