Member Info for Nthoftheriver

Can’t see the trade on my platform, but wonder if that is the trade from the M&G holding RNS.

The share consolidation is due on 4th (trading on 5th) so maybe buy backs kick in then. But either way, the SP has been falling on small volumes. If institutions are playing this to rebalance, then at some point it will reverse 🤞.

Hard to see what shorting it down here achieves unless the business is going under - but then the noise would surely be much louder by institutional holders.

Good luck all holders.

Agree.

Had sold up and was waiting for the drop to consolidate. I’ve recently started to rebuild a position here. The report today would seem to acknowledge their over reliance on China and pure value plays. Hopefully the SP will see a bit of a recovery through the year. Not expecting any increase in the dividend this year beyond a token rise to maintain the illusion of increasing yearly dividends, plus keeping in the AIC records for dividend growing Investment Trusts.

Looks like it to me too Picked. But I’m also questioning myself with all the downward SP movement

Well it’s hard to fathom what the Market is thinking compared to say us here, recent analyst review and price target of £1.50 plus Malcy who is very positive.

Decided that I would add a few more (5K shares) and bring my average down a bit to sub 99p. Still means a massive 40%+ rise required from here to breakeven 🤕. Will just collect the dividends and hope the market will get the Biz model before I go broke.

Good luck all holders.

I notice that in the DEC short positions tab, that Adage increase their short on 5th October. Wonder if they’ve increased it further. Might explain part of the drift down.

Apologies last line should have followed the second paragraph.

Tomorrow today,

.. We have contacted him and asked questions around this and other inconsistensies. No reply! I am a share holder….

I get your frustration, we all would like the SP up and updated revenues etc. I just don’t know why you didn’t take the opportunity to directly confront Shishir either at his offer of the one to one meetings or as a shareholder the recent AGM.

As a small PI, I’m impatient to see the next set of figures and always want the SP up, but feel that after the investor meet presentation progress is being made and will hold on for better days ahead.

Don’t post much here as don’t have much I can constructively add either way.

Good luck all holders.

Does sound to me your group could have managed one of these if you are so frustrated.

Hi Gallmat, agree the 20x is high, but my thoughts are that you need to consider Mozambique as part of the potential opportunity as it will likely be moving forward concurrently with Madagascar. But otherwise probably more like 10x.

Nice breakdown Cigam. Thanks for showing that.

Like that your assumptions for 30K put us at around 4-5 x EPS. Plenty of upside even as we progress towards 30K production.

Mrs Turkmani was brought in on or before the 5th of June (RNS date). Think she’s responsible for getting the negotiations with various Government Agencies on Funds. So assuming she’s on the case we are over 3-3.5 months into the process.

Article Posted: April 12, 2022

Nice Final Dividend 1.8699559 pence (0.5p + 1.3699559)

Wonder if this will signal further M&A in the energy sector

AGM this month I’m sure they’d want to be able to say something then or before.

Good to see a couple of Director buys.

Well I’m glad they are doing the buy back and hopefully upping the amount bought. Anything that is below mid 80s is good news. It will never please everybody, but each tranche cancelled is a good thing for the dividend in the long run.

Not much more to add, except nice to see the SP edging back up and be delighted if this is over £1 by next dividend.

Nice to see this RNS.

Did like others write to the company on the recent rapid decline and concern of the inconsistent share buy back. Not saying that on its own persuaded them into an RNS, lol.

Already over loaded here but may add later this month if I can.

Interesting close.

Not sure if it’s the Russian ban news (although being denied), or people seeing value.

Still seems to be a bit of selling. Hard to under the discount except the UK just don’t get Uranium market.

Still hoping for a re-rate in to the mid 60p zone at some point. 🤞

(Only holding 10K shares in my ISA, so not overly exposed. Just frustrating).