Member Info for Moneyman64

If the likes of HSBC and Compass can pay 50% of their profits out as dividends why can’t Lloyd’s?

How does the “cop out” of small dividends and share buy backs actually benefit small shareholders -at least 50% of profits should be genuinely distributed to shareholders via dividend-this would not damage the shareprice as the yield would be higher

Just to clarify Wh Ireland are showing current assets at 30/06/24 of £118.2 million and current liabilities of £67.5 million giving net current assets of £50.7 million

Page 4 of the report states “jubilee is truly a positive ESG story-We argue that the potential growth opportunities are huge,and,unlike traditional miners,communities,governments and NGOs are likely to welcome Jubilee.

Page 7 states that 9.9p fair value is conservative.

Having read the report it appears generally very positive -guess quoting from the report must be ramping. -perhaps Bushytailed should take his problems to WH Ireland because they must be “mad rampers “ too

Bushy failed at it again-either he/she/they can’t read or don’t understand f basic accounts.Past claims include intangible assets being part of current assets and HUM’s has a superior net current asset position to Jubilees.

Although he will lie to the cows come home the broker note recognizes the true potential of Jubilee if things work out well

Convinced more and more Bushy is Polly Toynbee -always trying to distort figures etc to suit a negative agenda-lots of positives in the note and clearly states 9p valuation will increase as Zambia production increases / targets are met.-the unrisked valuation is 16.3p

Beware the Ides of March -can’t see anything positive here -no wonder Jeremy Martin and Co disappeared into the sunset -interesting how they sold the project to the likes of Glencore ,Orion and La Mancha -offtake agreement worth nothing if this project does not come to production and probably dies if company put into liquidation

Thanks Tharisa -await with interest

Big lesson from HZM -get your costing right .

How could the original Bod get the costings so wrong in the first place and how come the likes of La Mancha and Glencore actually believed the originally costings -so glad I sold over 90% of my holding circa £1.50 in old money .-total incompetence from start to finish

The company’s share valuation is perplexing and should be addressed by the Bod -Is it Karo ,the uncertainty of the upcoming election in SA ,PGM prices or is the company seen as a PGM producer with little consideration given to chrome production -still think a few million of share buy backs would help and maybe a couple of more cents in dividend

at colin’s age very much doubt he would want to be involved in a deal requiring glr to raise finance with a return over many years -surely a couple of large disposal deals will be the way to go or how about the sale of the whole company if the price is right.

if sandfire have to cough up $80 million at some time -how about $200-$300 million for glr lock stock and barrel -some cash and ************** combination perhaps

Really hope this one comes good big time-just being cautious -come across several AIM companies that have promised much and delivered little

6 weeks to 31st March -nothing from the company -expecting nothing within the previously promised news timeline

My recent experience with Barclays was nothing short of a complete disaster .I had to send the same information to their KYC team on at least four separate occasions -they kept denying they had received the information and kept threatened to close the account-they had no clue of UK company law and kept insisting a company with a turnover of £6 k required an independent accountant/auditor-no wonder the city has no confidence in them

For once pay a decent dividend instead of useless share buybacks which do nothing for the shareprice based on recent movements and do not reward smaller shareholders

Also Lloyd’s conveniently forgot to distribute the dividends they held back during Covid

Lloyd’s also forget to distribute the dividends they held back due to covid

All quiet on the Western Front!

Can see it both from the company point of view and the posters point of view -but not good to accuse the company of not being open without understanding all the facts.

On the JLP board there is a certain poster who accuses the company of not being truthful with investors on a daily basis and name calls anyone who is remotely positive on the company’s prospects -yet the company seems never to even challenge him

Didn’t always agree with Pdub.’s view on Fortune’s running of the company but a very sad day for Pdub’s family and the “BMN family” -RIP Paul