Member Info for Pacman121

and quite quickly.

Either way the company is sitting on a ton of cash, has diversified into Australia, is still making significant profits and is likely to continue to be dividend heavy. Bit like GKP, a lot have had their initial investments repaid.

Despite countries committments to carbon reduction, they are stock piling coal and using it where necessary to keep things moving, and to secure energy production. If this wasn't an African miner it'd be trading a lot higher. That said they do seem to be behaving themselves which is refreshing and continued good practice will be reflected at some point.

Big guns were piling in her in 'the buy zone' at £12. That was before the acquisition but they were keen.

Yep. Thanks.

Yea I clocked that. What does that mean? Why would shares move between the 2 registers?

So if you hold or buy today, you get the dividend tomorrow.

https://www.thungela.com/investors/sens-regulatory-announcements

Coal in demand across the globe. Countries stockpiling as a contingency. Only 2 more sessions to get into this to qualify for the dividend.

Yep someone got a deal. An absolute ton traded in the 117-120p range this week. Dropped off at the end, I suspect the MM's went fishing, £100k buy supports that theory. Probably loading up for Monday. Easy ride to 150p once 120p is broken, I thought it was gonna go this week, knocked on the door countless times.

Precisely. This puts us at 200% on Q4 2022. The numbers add up quickly.

Shares were never going to be transferred anyway as confirmed by FXPO so while not ideal is kind of mute. Production increasing by 100% in the last 5 weeks of the last quarter is positive and quantifies a sensible rise as this is a mega iron ore pellet producer. Think most expected production to have gone down further, not doubled hence the increase in volume and SP today.

When is Blythe drill due?

Well that explains why we are still under 40p with them selling into rises. Be interesting to see how much stock MM's are holding in the morning. That fund was prob balancing the books from the teens. Either way SP free to move now and just in time for contract deadline end of the month. Gotta love how things work on AIM.

Anyone have any idea how long FXPO can rely on its reserves to meet demand? I assume the power supply is still limited which is materially affecting profits and production? Ref RNS 1st November.

Thanks Proffit!

How long can it take for the divi's to show up? Mine still hasn't appeared but I wasn't expecting it till the end of the month (the 'payment date') to be honest. Thanks!

What's BMN's average revenues monthly and profits please?

Another receipt just in for April from the KRG! £££

There haven't been any TR1's to suggest this has happened here. More likely to do with the dividend and bond payouts. The company was sitting on around 45% cash value in June against the current market cap and the payments from April, May, and June are still to reflect on the balance sheet - don't forget oil was higher over that period! Cash build-up is fast here, hence they have been able to pay so much out. This is a popular stock with retail investors, many of who are on a free ride from their buys 18months or so ago. Just think every month there is c$45-48million net going to GKP, so around $12m per week.

Depends on the investment strategy but this is really cheap.

Didn't think I'd be happy to say that :D

Cash position will be strong and it will be good to be debt free. c$48million a month net coming through to GKP, June payment will average over $120 per barrel! The cash adds up quickly. Probably close to another $180m since the last Shaikan Payments Update (in June for sales in March). SP is around 12p higher than last December despite another c$300m net to GKP. That is a serious amount of cash.

Dividend Payment



At Gulf Keystone's 2022 Annual General Meeting on 24 June 2022, the Company's shareholders approved an annual ordinary dividend of $25 million.


Is the divident payment only for shareholders holding on or before 1st July 2022? My understanding is that you have until the ex div date to buy in which is next Wednesday? Thanks.

'The payment is equivalent to 11.561 US cents per Common Share of the Company. It has been converted into pounds sterling at a rate of $1:£0.8281 prevailing on 1 July 2022, and hence a dividend of 9.574p per Common Share will be paid on 15 July 2022 to those shareholders on the register of members of the Company as at 1 July 2022'.