Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
With 10 billion shares in issue, I'd assume a 3-5p dividend would be pretty comfortable once the mine was operating at 13 mtpa.
True enough we might be waiting another 7 years for that, but at that level of profitability and distribution, I'd guess the share prices should be at least £1.
Unlikely that the share price would re-rate evenly between now and then, of course, but it's a healthy return if you've got the patience.
Oops wrong board
These don't seem to be regular interval investments from directors, so why are the numbers so pitiful?
These don't seem to be regular interval investments from directors, so why are the numbers so pitiful?
Something in the region of £6m+ then?
End of 2018 report had £1.76m, with a cash burn of £1.48m last year.
https://s22.q4cdn.com/482394293/files/doc_news/Hemogenyx-Pharma-Plc---Final-Results-for-the-Year-Ended-31-December-2018.pdf
Call me cynical, but once bitten, twice shy. What's the bad news around the corner I wonder?
If HUR plays out to its full potential, I don't see any reason that the shares couldn't be worth £5-10 and upwards. But there's no guarantee that a major is going to chase us down with bags of cash, and a lot depends on what happens over the next 2-3 years.
For what it's worth, I've been invested quite a while and wouldn't consider selling a single share until we're past £1 at the very least.
Come on chaps, open those wallets :-)
That RNS reads very similarly to a previous one I remember. I wonder how they'll bury the poor results this time around?
I appear to be 70% down now. I've been averaging down, but they won't get another penny of my cash.
How much more money are they going to spend before we see some results. Really disappointed today.
I really like what Argo are doing and am here for additional exposure to Crypto. I wish Align et al would butt out and leave them to crack on, come what may.
Avoid, avoid, avoid.
As I see it, ABM are an exploration company with no regard for shareholder returns.
I've just applied for 3x my open offer entitlement via HL. The corporate action is already in the login area.
I'm delighted to see the fundraise complete within the April timeframe (and let's not forget that the share price would look more sorry if that hadn't been the case).
I've topped up again today. Small beer compared to most of you I'm sure, but this is a company and share that I believe in on a number of levels.
Long term holders will surely be well rewarded.
Saga is a strong membership business and today's results have been way oversold IMHO. Just bought in.
https://www.gov.uk/government/news/four-leading-edge-demonstrators-to-jumpstart-energy-revolution