Member Info for Lucas01

Rns drop . Sale completed. 36kbpd current production add . Bright future ahead for Harbour

Yes, skirmishs, of no impact to AAZ as always , provided a nice chance to top up though, thanks panic sellers :)

looking at buying into MTI. Can anyone tell me, with MTI being based in Israel, are the dividends subject to Israeli 25% witholding tax?

Yes it was required, read the rns

18.00 this year would be entirely dependant on the price of gold. Personally i believe we are in a bottoming process with gold and miners, and that later on this year and beyond , the benefits of accumulating on weakness will be realised. But nothing is certain of course.

Id consider 1400 strong support , id be happy to add near there. Id take my cue from the big US,Can miners, they have made higher lows, even the weaker ones have held support, and indeed rallied on friday it would be peculiar to see poly head lower from here, it does tend to move on its own time though, confounding at times. maybe because its not in the GDX. You might find end of year tax selling has been a driver too in the weak SP.
If it saw 1350 with pog>1700 id buy some more!

Its being walked down in low vol day trading, but the real volume happens after hours. A Little undercut of recent low, back at the june 2020 swing low support 1400, looks a great place to add. Will be selling some TSG to add, wasnt planning to, so compelling this is now.
2021 operationally set to be a stable, rather than a growth year though. 2022 will bring markedly increased production from the Nehzda startup. 2023 the pox2 hub bringing substantial more growth. Expect the divvy to grow even more over the next few yrs. and they have assets like a huge silver mine, rare earths and pgms to bring online beyond that.
Very well run company imo, to manage to increase production despite covid, no mean feat, costs well under control, huge margins too.

Gold and Poly have already put in a capitulation bottom. Fret not. Load up and enjoy the outstanding dividends and capital gains to come. To only hold for 2 months would be a mistake though.

Fortunately(i hope) i have only just started accumulating the last week at 21 average. So relaxed here.
Sentiment in small cap goldies is terrible atm, good time to buy. Signs that that things are changing though. Safer Big caps like Newmont,Fnv,Aem, Gold, are leading the way, looking like they have bottomed. 10yr Rates rises are not having much effect now on gold as the market seems to be concluding the rates will top out in the next few months, wont be allowed to go high. Bargains to be had in the Pm space imo.

Same. You can buy at 21, like i did, shows as sell, tighter spread can sell at 20.75 atm. Games being played

Ex lth, sold much higher, back in at these bargain prices. Risk reward looks good buying at support.

The ability of this company to disappoint shareholders continues. 15p ffs

Finding it impossible to buy on IG , Frustrating, no buy quotes. Sell only at 90

My modest auto buy order filled at 61 . Showing as a sell of course. Very brief blip down to touch the 20 day ema, last flush before moving up i would expect.

Institutions need liquidity to sell, somthing TSG doesnt often have. i expect it is UFG taking advantage and realising some of their posistion, reducing their enormous stake, supplying shares to the Market makers, who have had no problem in marking this up, despite this selling. Thats the simplest and most likely explanation imo.

Ive been holding for a year now so, keep a mental note of these things. Did sell half at 131, bought em back much cheaper :) the company is raking it in, no need to worry about debt. The development of the new gold field in the near future is even close enough to use the existing procesing facilities, trucking it in they explained, keeping development costs low, never mind the gov subsidies for electric and taxes. Happy to hold.

And, from memory , the debt was used to buyback about 21% of TSG's shares from UFG at 33p each. That seems an excellent use of money to me. The Makes a welcome change to being diluted. The upside is reducing UFG dominance, a detraction to large investors, and for us a sizable increase in the dividend from a reduced share count. Under the radar a bit, with their poor coms&rns skills was a huge interim div increase, and i think people will be very pleasantly suprised going forward, including a special divvy likely announced this month, that will bring more buyers in. Nevermind their lower costs, higher POG, on target to beat production guidance. Then theres the sizable Rodnika field to be developed, makes worries about Asacha LoM not seem too worrisome to me.

They said a Jorc resouce update for both mines would be released q4, so could well get somthing out of the blue in Dec. Failing that happening , q4/full year production update and likely healthy spec div all happening in Jan. This share is stunningly cheap on any metric. Reminds me of this time last year, when i bought in Dec when it was doing nothing much, before it took off big in Jan.

Strange to have sp lower than the bid ask! After hours action i guess. Somehow my buy order got filled at 698 in that big after hours UT trade shown as a sell. I reckon i got a bargain there, MJ is a divvy growth machine. I see a forward yield of 6% likely at that sp.
im sure they will be able to go forward with a new ceo, it could be Jolyon thats been selling his large holding causing this dip. Its now well oversold on the daily.
I just hope woodfood doesnt own this, i prob should have checked :-)

Questionable is all im saying , thats enough for me to stay away .