Member Info for NorfolkRhapsody

SCOTGOLD RESOURCES LIMITED will be holding a Production, Operations and Strategy update meeting on 9th Jun 2022 at 5:30pm BST.

Please be advised that due to unforeseen circumstances SCOTGOLD RESOURCES LIMITED has had to cancel the meeting Production, Operations and Strategy update scheduled for 26th May 2022 at 5:30pm BST. A further presentation invitation will be issued in due course.
We apologise for any inconvenience caused.
Should you have any questions, please contact investorhelp@investormeetcompany.com.
Kind Regards,
The Team at Investor Meet Company

Yes - https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=LGEN

Blackrock are also shorting ITM to the tune of 0.9%.

Likely related to the proposed EU sanctions on Russian coal imports but another welcome boost to the SP although the core reasons are extremely sad for all those directly involved not least the Ukraine civilian, forces and +17k Russian army losses.

Given their history I suspect its unlikely that they will increase their dividend significantly preferring instead to paydown their debt burden and fund further investment in BECCS and the hydro-electric scheme - this would seem the best strategy as cheap borrowing is rapidly coming off the table and long term debt is turning expensive again. I imagine shareholders are going to be fairly satisfied with the growth of the share price and not be clamouring for a slice of the unexpected revenue windfall and if the brokers are correct, then there is still some mileage left to the share price target. Barclays 900p target looked a bit fanciful back in 2021 but events are driving optimism so perhaps they were right.

Interesting - a finite renewable resource. I'll have to look that one up.....

https://simplywall.st/stocks/gb/utilities/lse-drx/drax-group-shares/news/we-think-drax-groups-londrx-profit-is-only-a-baseline-for-wh
Another positive article on DRX

Your embarrassment has worn off a bit then Coco?

BP could have the odd £14B available shortly!
;-)

@Scotdrog - appreciate your feedback. We used to have a bit of a clown on here theorising about price zones and predicting all sorts of nonsense so its great to hear good info from the front lines!

@scotdrog - I think we should be canvassing your thoughts as an employee on the management and overall morale in the business? Not insider trading stuff but general health of the business from someone actually in it at the sharp end. No ramping though!

19p paid 8 July 2021

Having bought another tranche at the end of Dec in the expectation of a continuing rise I'm feeling a bit of a fool missing both the dividend and incurring a 23% hit. What is disconcerting is that I haven't been able to identify a clear reason for the precipitous drop or an inkling as to when the fall will be arrested. Hopefully before too long it will recover at a similar rate or the BoD will provide some indication as to the cause.

Its at times like this that I feel blessed that my genetics prevent me from seeing either red or green :-) and I certainly don't resort to rose tinted specs!
Shaun Day of GGP was initially a little rough around the edges but with exposure to investors and confidence is the resource he has become a much better communicator and its to be hoped that Phil and his BOD can hone their presentation skills in the light of continued success at Cononish.

You might not think he'd make an entertaining drinking buddy but Phil Day is doing the right thing, under promising and over delivering which is good, honest expectation management. I much prefer this approach to the over enthusiastic reports that had the share price ballooning to unrealistic levels based on that speculation.
Keep up the good work Phil.

so, about £5.5m/ hr revenue, less operating costs.....13th May will be gravy, meat and all the trimmings!

Pretty impressive target raise from 84p to 162p on essentially static PoG.
If the PoG increases as a result of current tensions then the broker is understating the investment case!

Hope you're right Chester but as BoA has just reduced its holdings in CNA by quite a lot I'm left wondering why they don't read the tea-leaves in quite the same way?

its good to talk but reading is a different matter especially on this board. Could I suggest you simply stop watching for a while and try not to think too much about your paper losses for at least 3 weeks? After all, if you had the faith (and wisdom) to buy into this share you did so in the belief in its core value - hang on to that faith as tightly as Bamps et al - you know its right!

(I bought more today myself which has reduced my average from 18.7 to 18.1p)