Member Info for Jfallonirl

Quite new to investing with Rio Tinto so September will be the first dividend payout. Research suggests 170p per share but not sure if this has been decided or just forecasted. Looking at the information for April's, it seems they announced it on April 13th for a April 15th payment date. I could be completely incorrect and missed something so if anyone could enlighten me, it would be much appreciated. Thanks

It's funny how there is such resistance getting past 7.4p even though it seems like there is buying pressure to do so. However, a little bit of downward pressure would see us back at 5.8p in an instance! Hopefully things will change soon

Hi,

I must admit to being a little underwhelmed by the RNS. It almost felt like a cut and paste job from the last one. With 5 days to repayment, it still didn't feel definite almost we hope/intend to pay it by then. Also still no plan and now they made the decision to have future ones quarterly so they don't have to deal with us annoying shareholders anymore than required. Am I being too harsh?

When are we expecting the next bit of earth shattering news from this company?

Seems very little activity within the share and can't see any upward movement for a while.

Cheers,

When are we expecting the next bit of earth shattering news from this company?

Seems very little activity within the share and can't see any upward movement for a while.

Cheers,

So, Auditors to be replaced. Very surprised the over whelming support for the board. All got 90% and above approval. Had thought it would be alot closer as most investors are annoyed of their lack of planning and decision making on behalf of shareholders.

My opinion is that the presentation is very wholly. We can invest organically or externally. Well that's obvious. Decision is to made in next few months. If that is the case, you would need to do diligence on companies if merging so who are you doing diligence on? Nothing concrete in the plans and I don't feel we will learn anything new from the AGM. Sounds like no plan has been made just yet.

I don't really understand why this share is dropping by about 20% in the last week. Maybe it's the macroeconomics such as inflation & interest rates increases. Other shares have bounced a little back. Is it the fact that the market don't like the merger? Seems like a good idea in my opinion. Seems a little overdone. Why so many referring to July 13th as an important date. If someone could fill me in on this, it would be greatly appreciated

Hi,
You are pretty much correct but I would say the fair value of the share should be somewhere between 10-15p currently. Two limitations of the share is no plan for all this money that they have but hopefully they will iron this out shortly and the fact we only have 1 well which is always precaurious having one revenue stream but hopefully from point 1 this will sort itself out. I think it's macroeconomics that is subpressing this with inflation,interest rates and recession being talked about.

The Problem with a dividend is that unless you were clever enough to put it in an ISA, that after £2k, you are liable for high tax if a high tax earner so not really worth it. I'd rather they both out another oil company like Tullow Oil have done.

I think with the price of oil at what it is currently and RNS's in the pipeline next week, If this could just break 8p and get a bit of momentum, it could really fly! Fingers crossed

Hi,

Can anyone understand why this share has dropped nearly 30% in the next month?
Is there a rational?

Thanks,

Jon

I voted against all the options except the accounts bits (first two). I love the way you have to decide with no information/discussion to go off but don't like the intension of the Equity nor think the directors have done well enough to get reelected just like that. The only reason why HUR is doing ok is because of circumstances of whats happened to the price of oil. Imagine where we'd be if that hadn't happened!

I'm looking at submitting my vote and just looking for opinions. Should I vote for all the directors even if I think they could do a better job? What is the implication of issuing more Equity? I thought more shares in circulation would result in lower share price but maybe misunderstanding. Thanks.

We are in the Blue finally! Maybe this will bounce tomorrow

Thanks for that. Just investing there today but wasn't aware of the back story.

Why, what happened at HUR as they are doing amazing in the last month?

Can anyone explain how this is going down this morning? Oil price at record high and the results seemed very good from where I am sitting.

Thinking of investing in this tomorrow. Not really been following the share but due to oil price increases, I'm looking for a stock that will be correlated with the rise of this commodity. Can someone briefly bring me up to date with this stock and if it is underpriced currently? Cheers

Hi,

For the last few days, we have had RNS regarding forms which usually mean buying/disposing of shares over a certain threashold but I struggle to understand them. Is it just paper filling experience after Science Groups 10% purchases or is in new information?