Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Trump might be isolating, but surely he is still in charge via video and phone etc. If he finishes up on a ventilator then things might be different. If he gets no symptoms then it might indicate that his doctor’s prescription of hydroxychloroquine was a preventative after all.
“ For 2020, TSG set out to pay a base level of dividends of approximately $3 million.
The Company is pleased to report that the Board has declared an interim 2020 dividend of 8.0 US cents per share equal to approximately $7 million (H1 2019: $2.0 million).
Given the strength of the operational performance and favourable trading environment, the Board is confident in the expected cash generation in H2 2020. Having already exceeded the stated guidance for dividends for FY2020, the Company is reviewing its anticipated financial performance for H2 2020 and will provide further guidance for a revised base case of dividends in due course.”
What's not to like?
Don’t forget that some traders really do 'Sell on news, buy on rumour'. They'll sell on every RNS regardless of content.
From my recollection the spread was massive in the early, say less than 20p, days. As the SP has risen, and as more shares have become available for public trading, the spread has narrowed considerably. I'm inclined to think that there might have been 4p spreads at 20p, and that spread has continued all the way up to £1+, albeit with variations down to 1 p. So spread 20%, narrowing to 1%..
With potentially exceptional results coming next Tuesday (just my guess) anyone not buying or topping up at current prices needs his head examining
If it includes theoretically reinvested dividends, this effectively lowers the exercise price below the share price. Generous special dividends over the next couple of years to create a win-win for shareholders and directors???
Always uneasy about self awards based on advice that PWC say that this is in line with what everyone else is doing. Having said that, £1.90 in 2-3 years seems to be the target for exercise of options to be bought at 10p. I hope we get to £1.90 much sooner.
Ah, didn't spot the Jan 9th date. Not a busy board over there then!
@Alwaysone,
They might say it's a strong buy, but where do they get statements like this;
“ Price has taken a bit of a beating of late due to recent news”,
If gold and silver hold their recent increased prices we can expect spectacular profit increases over the next half year from TSG. I anticipate a good special dividend announcement at some point.
Two huge $40 spikes today, one at the open (now removed from Kitco's charts) and one still showing from an hour or so ago suppressed within minutes. Does this mean that spike protection/ plunge protection teams have been at work? Looks like the market is trying to push gold and silver upwards faster than TPTB want it to happen. All good news for TSB in the long run.
OK, I'll shut up now. Those massive sales have now been moved to the end of the 23rd Jul activity.
I haven't seen that done before. Usually late reports just stay out of order (with the wrong current bid/ask figures).
Correction, they are still there, but now halfway down the page such is the unprecedented activity this morning!
And now they've gone altogether. Is a fat finger updating the SP info?
2 massive 200K sells from yesterday have just appeared. However, one may be meant to be a cancellation being same value and so close in time.
Took a read through the latest geological report on TSG's website.
This company seems head and shoulders above other AIM miners.
200K purchase at 16.41 looks like someone has confidence.
The good news just keeps rolling in.
Agreed. Outlook for an exceptional Special Dividend is better than ever.
To speculate on my own question, is one meant to be a negative correcting an input error?