Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Been reinstated just now, so wanted to say I'm really glad that Paddy has been seen and heard this morning.
Amongst all the crud and crap here , there is some great discussion and information. I hope that LSE and the green box brigade will see some sense, and rein back the poison posts and disinformation
GLA and hold for gold
Excellent post Spotify
I agree, I'd be slightly cool on a £1 dividend. However, this may be simply because, given the lack of further details right now, we just don't know which of the 'assets' are in scope for the sale.
Considering full sale would give a range of c 3 - 8+ billions going by different estimates, it would indicate somewhere in the range of your ideal (I'd pitch for c£2.50 myself too)
What will swing sentiment is understanding the elements of the business EUA are planning to carry forward as a viable business post asset sale Vs dividend issued.
If it's just great discovery experience and a BoD that is proven to deliver big value, but only a £1 per share, then that will feel as under realised value.
If £1 and we keep the JV with cash to develop a monster, then that's a different beast.
Ideally, I'd love a bigger Divi now (most have held for some time now, so only fair), but with enough assets retained to kick AA, NN and others into touch in a few short years!
I'm seriously considering buying more come Monday, but there has to be a limit for price where the risk/trade off might be too high.
At 35p if take a punt, but 40p and above would give me second thoughts. Am I sounding too risk adverse, or do we think the next sensible base for a purchase of shares is up to say 50p?
Hi all - what a few hours!
In the RNS it talks of the 104m oz, but not the splits within
104.6 Moz Platinum equivalent resources ...... comprised of:
Four palladium, platinum, copper, nickel and cobalt open pit deposits
So, based on what we know of MT, can we estimate the % split of these within the 104m oz?
It would give a better basis for any calculation, rather than just relying on a 104m oz x Platinum price unless i'm missing something?
Judge
I'm taking a similar view of a part cash, part share transaction. Being new to the investing world, was wondering how it would work in your scenario
So, £2 immediate payment and 1 NN share per 5 EUA, or the other way round?
I think NN is at $27.75 at the minute, or £20 odd a share.
Same for me with close brothers.
They can't offer scrip awards as they 'hold our shares in a Pooled Nominee Name and we do not have the facility to manually monitor holdings which is required for SCRIP dividends. '
A bit rubbish to say the least, but has led me to be a bit better informed around account limitations
https://www.investorschronicle.co.uk/2016/03/10/your-money/financial-planning/choose-the-right-way-to-hold-your-shares-7D1oPIlJUSD0z6UJHb8PTM/article.html
https://twitter.com/EM_investor
Twice in 24 hours. What's he up to?
Evening all
Regarding an application for Script, what is the right way to do this. Mine are held in a Close Brothers S&S Isa, anyone got experience of them regarding this?
I'm eMailed them tonight asking how they can execute this, but advice welcome
Thanks
Kidster
Evening all
I bought into HMSO a few weeks back, just a modest purchase, but I felt it was a great recovery bet, and I still think so now.
I've had c 20 years in retail and consumer goods, and in my job have have seen a big shift into online from shoppers; easily 5 years change in just months. While a lot of this shift in where people spend will remain, its clear from the research I see that shoppers are desperate to get back to some form of normality and into physical shops.
Online has a lot going for it, but it cannot replace the touch, taste, smell experience of physical retail, especially when going out with a group of friends. There is massive pent up spend potential and demand. Once shops and bars/ clubs are properly open with limited or no restrictions, then I think there will be a rebalancing back to the high street - with greater equilibrium with online naturally.
HMSO have some great, high profile and destination properties remaining on their books. Once cash flows into the shops in these locations, then rents (back and forward due) will be easier to collect
I'm sticking around for a few months yet, aiming for c £1 and will happily take a 2p share reward
Cheers
Kidster
Afternoon all
Latest from The Times continues the mining depression story:
Despite those gains, the FTSE 100, London's blue-chip index, edged 6.75 points, or 0.1 per cent, lower to 6,723.59, while the more UK-biased FTSE 250 dipped 51.32 points, or 0.2 per cent, to 21,331.15.
Holding London back were its mining stocks as metals prices, after a hot start to the year, came off the boil for the second day in a row. BHP, the world's biggest mining group, fell 80p, or 3.6 per cent, to £21.20 and Rio Tinto slipped 173p, or 3.0 per cent, to £56.46.
Among the small-caps, Serabi Gold was marked down 2½p, or 3.4 per cent, to 71½p after a worker at its Palito mine in Brazil died from a "mining-related accident".
Keep looking up shipmates