Member Info for MaryBr190

About to go crazy ! Down or up crazy !

Funky music just started for the webcast - let's see a funky spike to 630p :)

- consolidating at a higher level 16.5 v 12.2 up 35% from Fri open

Not for widows or oprhans. DYOR.

Early days - gold production -16% is offset. Trimmed at open the 569 shares bought at close - at 22p+ profit - almost 4% for a day and will buy back later.

9am will see an opportuntiy - listening in.

Trimmed

Fresnillo reported a strong set of interim results on Tuesday, with adjusted revenue increasing 9% to $1,560.2m and gross profit rising 38.8% to $392.4m, driven by higher prices and volumes of silver, zinc, and lead despite a drop in gold volume. EBITDA surged 55.1% to $544.2m, and profit before tax rocketed 480.4% to $277.8m, while free cash flow improved significantly to $187.4m from $18.7m in the same period last year. Adjusted earnings per share, however, were down 57.7% at 4.4 cents. Despite higher production costs and decreased gold production, the company maintained a strong balance sheet with net debt-to-EBITDA reduced to 0.17x, and declared an interim dividend of 6.4 cents per share.

Do not give her any more ideas. More pensioners may die this winter, does she care? Liebour.

6.4 v 1 4 Int ... the final could be back to 16p.

Let's see the SP quadruple too :) 😀 .. well, react positively at least.

Interest rates reductions are coming.

HTH

Adjusted revenue is the revenue shown in the income statement adjusted to add back treatment and refining costs and gold, lead and zinc hedging. The Company considers

this a useful additional measure to help understand underlying factors driving revenue in terms of volumes sold and realised prices. The reconciliation of Adjusted revenue to

revenue as shown in the income statement is provided on page 66.

2 Adjusted production costs are calculated as cost of sales less depreciation, profit sharing, hedging, change in inventories and unproductive costs. The Company considers this a

useful additional measure to help understand underlying factors driving production costs in terms of the different stages involved in the mining and plant processes, including

efficiencies and inefficiencies as the case may be, and other factors outside the Company’s control such as cost inflation or changes in accounting criteria.

Octavio Alvídrez, Chief Executive Officer, commented:

"I am pleased to report an increase in profitability over the period, driven by a steady production performance combined with careful cost management and higher gold and silver prices. As a result, we are able to confirm an increase in dividends to our shareholders in line with our policy.

"We remain confident in the outlook. We are on track to meet full year production guidance and we are committed to managing our operations efficiently without compromising on the safety of our people or on continued investment into our longer term growth pipeline."

https://www.londonstockexchange.com/news-article/FRES/half-year-report/16591974

Https://www.londonstockexchange.com/news-article/market-news/fca-update-on-motor-finance-work/16592154

Trimmed into the rise as usual AC42

Teddy - who are the likely bidders here ?

Opportunity added 2nd T

Aidan's next RNS will soon shift the dial.

Just added at 610 seems a good entry. A virgin here of this one.

Fair comment PFCvetran

HL had the price at 18.79 for Fri close so taking 19/22 at the base. Either way you slice it the RNS was positive.

Could well end green.

In many ways a calm markets - allowing shorts out and letting others in.

Early days yet

Mms soaking up the stop losses and weak holders?