Member Info for mattwales

I emailed i.mcmahon@ferrexpo.ch and c.mawe@ferrexpo.ch and asked them to do what Glencore does and pay their dividends from their share premium account.

Doing this overrides swiss withholding tax which is why I suggested every shareholder wrote.

If they change it then higher yield because of less tax and the share price should rise.

In its unaudited management accounts for the year ended 30 June 2019, Otjozondu reported revenue of N$71.0 million (equivalent to US$4,828,000) and an operating profit before tax (and interest charges to group companies) of N$21.0 million (equivalent to US$1,428,000).

There's the turnover and profit on low tonnage figures they have expanded production about 5 fold since and plan to expand it much further.

u mean buying in closing their short...

https://www.investegate.co.uk/premier-african-min--prem-/rns/direct-interest-in-mn-holdings-limited/201912040700075721V/

In its unaudited management accounts for the year ended 30 June 2019, Otjozondu reported revenue of N$71.0 million (equivalent to US$4,828,000) and an operating profit before tax (and interest charges to group companies) of N$21.0 million (equivalent to US$1,428,000). Total assets as at the same date amounted to N$23,630,807 million (equivalent to US$1,606,895).

There's the turnover and profit on low tonnage figures they have expanded production since and plan to expand it further

chippy the profit will be reinvested into a planned turnover of circa $7m a month...….

actually manganese prices at $2.73 per ton so $2.73m per month 10% of it PREMS

maybe people have worked out Otjozondu is generating revenue of over $1.5m a month based on 10000 tons a month.

I think it'll move and keep moving up around these results.

The 2nd half has been as stellar (if not better) than the first 6 months for iron ore prices.

In between that the possibility of Trump raising tariffs on China and China retaliatory moves against US personnel, US companies.

China will shrug it off with the same stimulus as 2019. They are already making those moves.

it was a conditional £2.75m raise. With the price now slightly below the placing price will they even get the money.

still awaiting RNS for RHA and if its anything like firestone diamonds RNS of power restoration I think we will do just fine.

didnt analysts predict $460m profit for full year?

revenue for 2nd half looks set to be slightly more than Q1/Q2 if my brief look at iron ore price charts is right.

Ferrexpo should make at least $100m more than analysts predict.

if you look at this time last year Ferrexpo were getting around $75/t for 65% iron ore price today $101.90.

Price back then 179.9 per share. Ongoing revenues far greater than this time last year.

The scandal will shrug off on results IMHO

likely to lower when the dilution kicks in in Jan.

to be fair the MMs did a great job on this yesterday to spook people out into selling.
Most would have thought the fall would continue.

its actually aimed at a group of u negative posters who do seem part of a group as ypou all pop up at the same time pretty much daily to give us your negaitve spin.

sell your stake get off the board if ur so negative

truth or the Ukrainian version of Mikhail Khodorkovsky

I can understand genuine concerns of long term shareholders but there are several pieces of positive news (all out of PREMS hands) to come.

Receipt of funds for RHA re-open ticks box it happened they got $6m out of a desperate Zimbabwe Govt short on cash

Re-start of mining at the tungsten mine after electrification....out of PREMs hands Roach wanted within 100 days of receipt of funds

Exclusive prospecting order (EPO) issued at Zulu....waiting for sign off the Zimbabwe minister already announced signoff October

Drilling at Zulu gets underway for a definitive feasibility study.....will happen on sign off and hopefully JV with Stephen Dattels

Sale of stake in Circum.....it'll happen when Stephen Dattels chairman of Circum says it will

Repayment of loan from next month.

RHA will never be profitable based on what surmising? What factual analysis do you bring.

a money pit which once its electrified and up in production becomes revenue generating.

whats up did your mama not put sugar on your porridge.