Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Floated at 10p and now having another raise at 3.8p. George failed to support the previous raise but having just taken money from shareholders feels justified paying up this time - Has any gold been found from the dewatered mine??
"The GreenRoc management team has consistently delivered excellent results and made great strides at what is turning into a world-class graphite project at Amitsoq."
UK Energy firms will meet today with Grant Shapps at Downing Street. The discussions will focus on renewables, nuclear power and North Sea oil and gas. In attendance will be BP, Shell, SSE, Electricite de France and National Grid.
The discussions will also include new laws to protect infrastructure from Just Stop Oil.
Walkersworld
Don't be too hasty with this. The dividend (is disappointing) is being kept low to deter political and media comment. The value for shareholders is being delivered by the buybacks with the total now standing at £1bn. By my reckoning there remains £550k in the buyback pot. They started in November 2022 at circa 85p, the shares touched 140p today so there remains plenty of buybacks in the coming weeks and months to drive the share price higher and the dividends will increase over time, with no debt and higher interest rates to further enhance the sp.
On the back of recent results, and new analysts price targets, coupled with the current and next share buy back program there appears no stopping this share price rise. LTH have suffered for a number of years and deserve to enjoy the ride back to respectability.
Robday - good post, if your quote below fails to materialise - The weather will create the same or bigger problem.
"What they going to do for the rest of the winter should Russia create a world gas problem this winter or next "
ForensicBloo
"I suppose the alternative to a well run, profit generating business, is a business that goes bust."
or
A Nationalised Industry - that quickly becomes a broken bottomless pit (NHS). Perhaps if OFGEN (government appointed) had done the appropriate due diligence on the financial adequacy of the bankrupt suppliers it granted licences to Joe Public would not be paying for the losses they created.
Starmer has gone public with his "Great British Energy Company" lets see how that goes.
Nicktheshred
"How British Gas can 10 bag its profits for H1 at everyone's expense is unpalatable."
You sound like a politician or a failed OFGEM regulator.
Good to hear from you Dick, have you been spending more "postal orders". I (we) dipped in the other day around 163p, want more, but just cannot convince the boss to open her purse. We wait patiently, back to the cricket.
Me too
What excellent results. 33% increase in interim dividend (to 1.33p) seems scant reward for LTI, but that reflects the attention given at this time by the regulator and politicians. The buybacks are the icing on the cake. This is the 3rd buyback program (£250m Nov 22, £300m April 23) increasing to £450m, making the total £1bn, the first program started at a share price of 85p and this latest one may well see the share price go past 150p, watch out for analysts re-ratings in the coming days - the market has taken the news well.
Over 20 of todays 51 posts are in green - Thats because I put all (if I got them all) the sad posters who pride themselves in predicting the closing price of VOD every week of the year - what a sad bunch they are.
The markets (on both sides of the pond) have responded well to Q1 numbers, looking forward to the next divi cheque in a weeks or so and further gains as the turnaround gathers pace.