Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Davidburns, we are at a low right now. Not sure there'll be a better time to buy
I've held these at 25p so would like to think one day we could get there again. In a nutshell, company needs financing to develop the mine and finance is in short supply. Their best option has always been to be bought out but that's never materialised. The licence was meant to be the springboard to success. They are well run but somewhat stuck in a rut currently
I think this could have a little momentum and surge to 10p but could then drop slowly without news.
Only another 17p until I'm out!
Bit of a long way back to 250p but every little helps
£7 just round the corner
Any strength here derived from the brexit deal having provision for trade deals that exclude services? Are we likely to see a decline in Eon etc in the UK? Does Brtish Gas have a strong trading base in the EU zone?
Have they alluded what the increase might be? Do they historically work to a formula for calculating the dividend?
3 years of dividends and my investment is paid for. Wow!
Thanks all for taking the time to clarify. 4.7% ish yield at current SP is good enough for me.
I'm looking to next year's dividend, not this year's
Lots to sift through and can't pretend I can gauge too much but am interested in this exerpt. Commencing on 1 January 2018, the Company's new dividend policy is to return to shareholders a target range of between 30% and 50% of free cash flow (defined as net cash generated from operating activities less capital expenditure). The dividends will only be paid provided there is sufficient cash remaining in the Group to meet the ongoing contractual debt repayments and that banking covenants are not breached. $45m x 30% = $13.5m to be repaid in dividend. Divided by 175m shares equates to only 7.7c. 7.7c is 5.5p and translates to 1.7% yield. Hopefully I've got that wrong and if I haven't it's going to have an influence on whether I hold or sell
Good ones http://www.hl.co.uk/shares/shares-search-results/c/central-asia-metals-ord-usd0.01/dividends
Yep, agreed. I've set myself a target of 50p now and think we're not a million miles away from being there or thereabouts
Iofina: Hey market we're doing just fine Market: Screw you, let the fall commence
That's my prediction. 12p final and 7.5p. Based on full year increasing in line with previous year's hike and 1p extra on the interim
Or put another way. They're not likely to reduce dividend so we're guaranteed 5.5% yield at current sp. Outstrips virtually any other earnings based investment on the market.
Bump
I'm an idiot. Sold a small amount at 307p earlier in the week and dithered at buying it back at 292p. It was only 250 shares luckily
Hello mate. Not a clue to be honest. I sold most of my holding between 150p-200p but held on to some for sentimental reasons. I've bought more recently sub 10p. They've muddled on in recent years, nothing overly inspiring and have had a few setbacks. Providing fracking remains profitable, and trump loves fracking, then I don't see why a stronger iodine price shouldn't take this in to the 40s and beyond
I've been here since 2010 :D
Of 1066 Lol