Member Info for johnpwh

Good points, which I cant really answer, only give thoughts.
Levi raised some concerns about the whether the revenue can still be converted as readily into dollars. Would be nice to get an answer out of the company about that, but lets face it there isn't much point asking - as VavVan has documented on the other board, all he receives back from his enquiries are bland, rather patronising replies. That having been said the Lira has stabilised against both $ and $ recently so any currency risk has maybe diminished.
Could argue that AAU became overvalued when over 5p? I'm not saying it was but people (including me) readily say it is undervalued now, so why not the opposite?
There may now be a perceived political risk by being predominately depending on Turkish assets. But as you say the decision to adopt a majority Turkish partner albeit on apparently very favourable terms helps here, but I think I had best shut up there!

DJ
I don't really see it as a dividend, which I would reason to be a regular and repeated payment normally funded out net income received in the immediately preceding period (I have no pretence that is a satisfactory definition, in fact it probably makes sense only to me).
Rather I see this 'dividend' as a partial return of capital invested, the payment of which results in reduction to SP (as if any more were needed currently) related to the reduction in AAUs net assets caused by the the payment. To the (UK) investor it really is a swap of capital gain for income, which may or may not be welcome depending on his/her own tax position.
There I go again, I'll take Willowmans advice and go and reach for the Radox with one hand and a cold bottle of Oakhams Citra with the other

Willowman
Am I? Didn't mean to be.
Millfield
If that came over as sharp it was unintended, sorry, I was just trying to explain my interpretation of the figures in the presentation. If anything I was trying to be nice (hard to believe but true) - I think it would be dangerous for anyone to invest thinking that they will receive a 17% regular dividend - who wouldn't in a world of 7.5% inflation and 1% or less at the Nationwide?
If I was being grumpy it was directed towards the standard of communications that we are currently receiving.

Good luck on that one Millfield. A yield of 17% on £45m is over £7.5m which is more than 150% of AAUs annual net income at present by my logic.
In my opinion the Summary statement figure just relates to the 3 special divis that are being paid (0.35p, 0.175p, 0.175p) totalling 0.70p.
So yield = (1091.7m x .0070)/45m = 16.982% rounded to 17%.
The company has made no commitment to any further dividends, and they have been asked that question many times.
It helps to remember that AAU has an interesting take on the presentation of facts these days.

Yes Levi
I suspect we wont see a true regular divi until Tavsan in in production (2024?) and even then maybe not until the associated JV loan to build the necessary plant there has been repaid.

Free 5%? Can't agree on that one. If that were true you'd be well advised to sell your house, car and probably your children (if you could get a decent price) and buy all the shares you could.
I was thinking more the positive sentiment it will generate

Well PoG is obviously up. Just looked at the dividend timetable for the first 0.35p divi and that implies we should have an announcement this week or next if the second special divi is to be paid on or before 31st March. Hopefully that will also improve sentiment.

I don't keep a close watch on such things but seems to be more deals than usual today?

indeed it is. I hope conflict will be avoided.
Presumably PoO will decline then. Since Parkmead is incapable of SP growth, declines even, with increasing PoO then what happens then? Course would be nice if Tom Cross occasionally enlightened pleb investors what is going on. However that seems too much to ask.

Personally I hope that there will be no war, and I'm not saying that as a shareholder!

SP is pretty much nailed on to bounce in the morning unless there is severe market weakness due to the International situation (and the weakness at the US market close on Friday).
Interested but not convinced yet. Have read every article I can find, and think that they have the home charging side of the business right, but I have doubts about the relatively low charge rate business model outside the home which will largely attract those who want a freebie to just put a little back in the tank while they get their cornflakes. Time will tell, it depends on consumer psychology on managing EV refuelling which is probably too early to predict. Will see what happens to the SP over the week.

Well said Lee
Some shareholdings I have generate few posts - in fact apart from me one board has had no posts since last April. Others generate hundreds a day from 'fanboys' every day, often even at weekends. And as you observe, they frequently don't all do well. Seems an odd way to determine investability (think I just made that word up) but it worth consideration!

Phwoar, Orient Express Pullman Class and Union Pacific 'Big Boy'. Now you are just talking dirty. And there's me all excited by the Llangollen Steam Railway (which nearly went bust due to covid and general incompetence in 2020) on its 3 miles chuff to Corwen.
Maybe in a couple of years when we have become AAU millionaires (Rodney) we can have a day out at the Severn Valley Railway in Kidderminster and put faces to name!
Talking of which, a big jump late on in PoG last night. That may be white night to stop this SP drip down if it continues to rise. I assume that is to do with the Western powers advising people leg it from Ukraine before civil transport services cease? Certainly caused the US markets to take fright and kicked the oil price up - so I think I'll go and fill the old Porsche up today.
For what its worth I expect the divi announcement this coming week.
Have a splendid weekend.

I only like steam trains. Choo choo.
Think its all starting to get me.

O dear. It appears I was premature. Quelle Surprise

Get on board! The train's leaving the station! Next stop 10p!
Just thought I'd shed my conservative image and be a popularist ramper for a change

I don't want it back down at 100p!

ps and up the Rovers!

Good post LOB, couldn't agree more that the stuffs still down there, and even to someone not normally bullish about PoG I can see that that the current economic situation should give PoG a lift. In that sense logically then the longer it stays in the ground the better, its just that management missing deadlines are part of what is damaging the SP. They need to be more honest (and if they are being honest then go on a course for estimating timescales!).
I will be watching highlights of the next game of the Unofficial AAU LSE Board Premier League team. Really hope they can do their usual Houdini act this season.

SP simply has reached a stage where everyone expects the downwards trend to continue so no one will commit (unsurprisingly).
Clarets do seem to be even more precarious this year than even in recent years. I know it wont sway you, cant see you as a fair weather supporter. There are parallels......