Member Info for NorbertDentressangle

Very strong, and the final dividend of 7.5p, coupled with the 5p interim, equates to an 8% yield. Wow

It's looking very very attractive now. I'm only a small holder (3800 shares) but think I might round that up to 5000 tomorrow, can't see them suddenly not being able to carry on generating surplus cash so the dividend remains well pegged at around 7%

Investec slightly dropping their target but still 50% higher than today's SP

Slim chance you'll read this but if you do, good luck tonight!

You'll need to call your broker and hold it on a certificate. IIRC, a couple of brokers trade it but not many

They may know nothing but in this case it's obvious that the company is undervalued. Detach yourself from the word share and attach yourself to the company behind the share

Brokers seem to think so too, market still lags behind. Bonkers!

Yep, might even reach 180p if they start to produce a squillion ton of Copper at costs of 15p/Mt

Makes funny reading. Do you think this is rated as a buy?

Absolutely. Full year dividends at 10p will equal around 7% again. By 2016 with increased revenues it should top 14p which is around 9% at the current share price. Astonishing for those who invested at lower levels. I think I've had 25% back in divis now and the investment is 60% above price paid. If only it was always this easy For those reading here for the first time, 25.7p in dividends paid since 2012. A policy to return 25% of profit to investors with revenues increasing. $41m sitting in the bank LOL

Absolutely. Full year dividends at 10p will equal around 7% again. By 2016 with increased revenues it should top 14p which is around 9% at the current share price. Astonishing for those who invested at lower levels. I think I've had 25% back in divis now and the investment is 60% above price paid. If only it was always this easy

I think we're gong to look to test the £2 mark in the run up to Xmas with a steady stream of news in the pipeline. Company has record cash in hand and generating profit at a blistering pace. Everything's rosy here, can't wait to see what the company has up their sleeves next with all that cash just knocking about ;o)

I'm so happy with my investment here. The company are doing all the right things and are clearly intent on keeping shareholders at the forefront of their plans. My only worry was the limitations of their Asian operation but this news has put that fear to bed. Forget £2 a share, if the Chilian project proves viable then I'd imagine the share price to be nudging £3.50

Sorry, forgot to say that that's $4m being generated monthly!

Just read through the interim report and the company has generated $12m in the 3 months from June to September based on the cash position increasing from c.$27m to c.$43m. If this continues then the company will be valued on it's cash only within 3 years. I'm expecting another special dividend in 6 months when the final results are out

If the price appears to yoyo then wouldn't it be a good idea to sell at 120p and buy back at 110p as these ranges seem to fall safely within the yoyo zone?

Its not really relevant if you're holding as a dividend earner. My entry was 118p so yield is comparable to best paying Blue chips. If you believe what the company is doing then don't panic, if you're invested for a short term rise then I guess you're locked in already! Seems that a lack of news and a lack of belief elsewhere is going to cause this to drift. I'll buy more if it hits 100p as at that level it's ridiculously cheap

You're correct, it's not 10.5p. That's my point though, it's definitely not 7p as that was a one-off payment

Dividend and yield info is incorrect I think. Company just announced end of year dividend as 3.5p. 7p dividend from January was a one-off payment. It's either 10.5p or 3.5p but can't be 7p!

Just worked out that 3.7p is a tiny bit shy of 3% (2.89%) at today's close. If production is increased as projected then I can see this increasing by 50% near term. Year end 2012 profit of £c6.5m should increase to c£11m next year if copper prices hold and at a PE of 15 would then value the company at £165m - 50% above current