Member Info for Pedrobull

The 3.789155 cents dividend comprises an ordinary dividend of 1.75 cents and a special dividend of 2.039155 cents. The ex-dividend date will be 26 September 2024.

RNS this morning target 7% yield but actually 8.1% with shares at 89.4cents.

The Company is currently paying and continues to target a 7 cent annual dividend per ordinary share, enhanced by variable special dividends that comprise the excess earnings of the Company in 2024 thus far. After the payment of both interim dividends on 29 October 2024, dividends for the calendar year 2024 to date will total 7.289155 cents.

I like this commentary from the Interim Results 18-Sep-2024

Dividends

Your Company is currently paying four, quarterly interim dividends at an annual rate of SONIA (Sterling Overnight Index Average) plus 4%, calculated by reference to the adjusted opening NAV as at 1 January 2024. The Company paid a dividend of 2.15p per Ordinary Share in respect of each quarter to 31 March 2024 and 30 June 2024. The Company’s shares offer a yield (based on share price at the time of writing) of 8.8%. Your Company’s Investment Manager continues to believe that an annual total return, and thus ultimately a dividend yield, of SONIA plus 4% will continue to be achievable although there can be no guarantee that this will occur in any individual year.

At just over HALF a PENNY

When I last checked a few weeks ago Blackrock World Mining Trust was +107% over 5 years including income.

Im happy to add at these levels and yielding 6.8%

Certainly recovered now with Gold holding above $2600.

I also hold GDXJ, GMP, BRWN and AUCP

It is very hard to comprehend 0.037 pence per share not 3.7p

Gold holding over $2600 and GPM NAV at 47.1p

GLA

Sales going thru today at 12 year lows 110p down 10% in last month and 36% in last 12 months

GLA

And someone (not me) just sold 34,000,000 shares to raise £12K

Added 5117 shares at 100.69p

Doubled my holding this morning with 1M at 1.09 bringing my average since Dec2020 down to 1.24

GLA

Is that the almost the exact same text from the 31st July RNS except they shook hands again in August!

· Kore Potash and PowerChina commenced further detailed negotiation on the EPC proposal and draft EPC contract. The Company met senior PowerChina officials in Beijing in May 2024 and again in Dubai in July 2024, where both parties satisfactorily resolved all outstanding commercial points. The agreements are now with the respective legal counsels of both parties to finalise the agreements. When the agreements are in final state Kore Potash and PowerChina will work towards fixing a date for signing ceremony with the Minister of Mines and his colleagues of the Republic of Congo in Brazzaville. Following the signing ceremony relevant details of the agreement will be made public.

Someone traded 25,000 shares at 525p today for £131.25k

GLA

Got to pop soon with Gold within touching distance of $2600 as $2587 as I type

GLA

Gold within touching distance of $2600 at $2587 as I type

GLA

Gold within touching distance of $2600 as $2587 as I type

Gold within touching distance of $2600 at $2587 as I type

GLA

Recovered well to 105p now, happy to hold

Someone sold 500,000 shares yesterday at 2.5p for £12.5K

Even if this does jump use it as an opportunity to get out, very few shares that fall this much recovers IMHO

Feel sorry for the employees

GLA

11/09/24 "Outlook - In my Chairman's Statement in the Annual Report for the year ended 31 December 2023 I set out the Board's thinking on the optimum way of returning cash to shareholders and mentioned that one of the options open to us was to place the Company into a members' voluntary liquidation. With the sale of EV, which is likely to complete by the end of the year, we will only be left with four underlying investments, none of which is likely to be realised in the immediate future. We have therefore decided, after consulting our advisers, that we should proceed with a members' voluntary liquidation. We intend to send to shareholders proposals for such a liquidation following completion of the EV realisation."

Guess we have to wait until we see the proposal to see what happens to the assets that cannot be realised. Hopefully they can be sold at close to NAV onto another fund.