Member Info for LunaNera

What makes you so sure PGM's will keep rising?

Sanctions drive this gold boom. I am not sure that PGMs are perceived as 'save haven' to avoid these.

On second thought, why shouldn't they?

Whoever is in charge, they need to think about redressing the elephant in the room.

the trend was to sell the farm and benefit from the short-lived benefits. look a the uk as a company. like a business. so the assets that generate revenue, are mostly slod.|

energy is traded, just like stocks. what happened to that affordable energy for every one? there's a website telling you nothing.

the uk still has the unique position with the NSG.&O. rather than playing don quixote with windmills, it would be good to see some business focus to realise this potential.

it's one of the very few revenue streams left.

Hi Quiggers

Pretty much the same (or similar) for me.

The divi policy is excellent and the BOD has done a stellar job so far.

I am not so sure whether reducing liquidity (buybacks) is favourable over divis. I'd rather the money is returned as divis.

I hope that Edison's valuations would come true (for a change).

That would be close to a 100% upside. o_O

Considering past levels, these are a dream. even when wobbling. wobble away you shiny metals!

Excellent results!

But what does the market say? Meh?

Surprised at the muted response.

Zilonis

It depends where you file your taxes. If your tax authority is the UK and you have it in a tax wrapper like an ISA, then indeed, it will be tax free. If you are abroad for 6 months + 1 day, say Europe. Then they may tax it as foreign income.

That's what made me make a quick detour once I relocated LOL.

I'd get professional advice on this.

Yup. And very grateful for yet another opportunity to increase the pile.

Can Enquest provide a FPSO that was not build in Elizabethan times? If yes, then it might be a choice. I'm not too hot on them though.

Indeed zebbo.

Eventually, this ends up costing more in lost revenue than replacing the end of life equipment.

30% of FCF is the guidance for divis. In the past the BOD was rather proactive distributing excess via special divis.

The JV needs to come online in full swing first though. It had a few setbacks. Nothing that worries me though, it is well within the usual risk range.

Some option exercised from senior management. Low amounts.

I would not be surprised to see a little weakness short term, pending on what Platinum does.

I stay long on this one and look at any weakness as opportunity to build the position further.

Right now we need energy wherever we can get it. All sources are important in the long run. Didn't Starmer promise a British Energy company providing cheaper rates for all UK residents? What happened to that?

Fighting with windmills won't do.

It was a sound proposition because energy is traded. This would mean money in the coffers for the UK government and a reduction of inflation as result.

As I see it, Miliband is incapable delivering this. He should go.

Hi shareminator,

Still quite a stretch imo. I see it well in the 80s though. But then, if I see it in the 100s I'll raise my glass to that with joy.

PS: I so want to be wrong about 80s

You may find that the bid price was quite a bit lower than that today.

100,000-130,000 tonnes of chromite expected from Thaba

I must confess that I admire how well the BOD managed the recent down-cycle. Chapeau!

Nice summary.... and perspective :)

People matter over graphs and ratios. Quality in delivery trumps predictions.

People have all sorts of reason to sell. Loss of confidence, profit taking, divorce (from client or personal)... the list goes on.

But, our planet's resources are limited. The human capacity to reproduce appears not ;)

Event at 74p a share, this has a lot of legs (for the patient). The BOD was very clear about the cash position they want to maintain as buffer during downcycles. That wisdom served them very well lately.

I would not get too excited about dividend pay out just yet. Given the trend a more generous level should not be too far round the corner.

One always has the option for a bit of top-slicing whilst the market makes his mind up.