Member Info for Pedrobull

Gold moving this month now $2044

OPEC+ meeting was postponed up this week due to the concerns of African producers being limited in their production quotas. I think meeting is tomorrow.

Welcome and I'm interested in your thoughts going long Tesla.

At $250 I'm thinking of going short using buying the ETP leveraged 1x short

Any shares held in a HL ISA that get delisted get auto transferred to a Fund & Share account which is what i'll let happen with mine, question is at 45p whether I will buy a few more

Proves the market worth of this business and more importantly the execution that they can get a lower rate in today credit market.

PS - Mullins any chance you can add a description to the posts you title RNS, eg, RNS - Credit Facility

This was mentioned in July update so yeas good to see it confirmed, represents 5% of their order book!

We have seen good order growth from our Positioning business, illustrating how end markets outside of the telecommunications sector have not been as materially affected by the industry wide challenges that have impacted customer spending. We are diversifying our customer base into new verticals and are currently in final negotiations to provide a significant lab and test assurance and services solution, worth over $15 million, with a major retail bank. This will establish a brand new customer segment that presents a significant opportunity for our solutions in a sizeable market. A material element of the contract will translate into revenue in the second half of 2023.

Another 1.75c +2c special yielding 10%+ now, LMDX situation can't be that bad!

BioPharma Credit PLC (LSE: BPCR), the specialist life sciences debt investor, is pleased to declare an interim dividend in respect of the financial period ended 30 September 2023 of $0.0375 per ordinary share, payable on 5 January 2024 to ordinary shareholders on the register as at 8 December 2023. The ex-dividend date will be 7 December 2023.

The Company has chosen to designate the entire amount of this interim dividend as an interest distribution. Shareholders in receipt of such a dividend will be treated for UK tax purposes as though they have received a payment of interest. This will result in a reduction in the corporation tax payable by the Company.

The $0.0375 dividend comprises an ordinary dividend of $0.0175 and a special dividend of $0.0200 The Company is currently paying and continues to target a 7 cent annual dividend per ordinary share.

Agreed, most small mining companies could be summarised as "there's a hole in the ground and miners are looking into it!"

28 November 2023 - London, UK - Crossword Cybersecurity Plc (AIM:CCS, "Crossword", the "Company" or the "Group"), the cybersecurity solutions company focused on cyber strategy and risk, today announces a trading update for the year ending 31 December 2023.

Full-year guidance

In the first half of 2023, Crossword shifted its focus to establishing a clear path to profitability with its current suite of products and dedicated staff, which continues to be our direction and strategy. In the second half of 2023, revenue growth has not been as strong as expected. The pipeline remains strong, but conversion from pipeline to contracts has slowed down. This means that contract opportunities expected to commence in Q4 2023 are now expected to commence in 2024. As a result, Crossword expects FY23 revenue to be in the range of £4.1m to £4.3m, as opposed to the previously guided £6m of revenue.

Given our focus on path to profitability, costs have continued to be tightly controlled during FY23, resulting in net losses before taxation expected to be broadly in line with current market expectations.

Outlook

The Company has previously guided to 2024 revenue of c£8m, the Company believes that revenue is more likely to be circa £7m for 2024.

The Company remains firmly committed to achieving profitability without needing to raise additional capital and remains on target to achieve EBITDA and cash breakeven on a monthly basis during H2 2024.

27/11/2023, the Company announces the purchase of 108,000 Ordinary Shares at a price of 66.65c.

NAV is 106c

The comment by Alliance - total income for the half year that ended September 30 falls 34% to GBP10.4 million from GBP15.8 million a year before.

is explained better by Investors Chronicle IMHO

"Reported pre-tax profit of £3.8mn was almost two-thirds below the prior half year figure, which had been boosted by £5.3mn of positive fair value movements on the group’s portfolio of equity and royalty investments. This time round, Duke took a £3.5mn reversal on its £11.6mn equity investments and a small £0.7mn hit on the £205mn portfolio of royalty and loan investments. It’s not something to be concerned about. Adjust for portfolio movements and adjusted EPS increased by more than a fifth to 1.95p. On the same basis, analysts at Cavendish expect full-year underlying EPS of 3.8p, up from 3.1p in the 2022-23 financial year, which implies the shares are rated on a forward price/earnings (PE) ratio of 8.3."

GLA

Yes gambling is a vice and only the bookmaker wins which in a well run business is the shareholders!

"The board will consider all options available to the company that offer maximum value for its shareholders including, but not limited to, undertaking some form of consolidation, combination, merger or comparable corporate action, selling the entire issued share capital of the company," the investor of urban logistics real estate assets said.

The portfolio declined 4.9% to ?659.75 million (30 June 2023: ?693.5 million), driven by continued outward yield movement but with key medium-term economic indicators starting to improve

NAV per Ordinary share decreased by 7.8% to 99.8c (GBp - 86.3p) (30 June 2023: 108.3c (GBp - 92.9p)), reflecting a NAV total return, with quarterly distributions reinvested, of -12.7% in Euro terms (-14.6% in sterling) for the 9 months to 30 September 2023

Only tw trades today so far, one of them mine another 200K shares

I emailed them yesterday; newsroom@alliancenews.com

Thanks. We were referring to total income, rather than cash revenue.

However, we got something else wrong, so we have published a correction just now.

best regards

Management execution is what any successful business relies on and this is looking good, yield well covered and over 8%.

Thanks for clarifications, I've gone back over RNSs and think these are the key paragraphs;

14/4/22 - Trident has also secured a guarantee from Premier Gold Mines Limited (a subsidiary of Equinox) that the original annual offtake cap of 58,500 ounces will be delivered in full in 2024 and 2025, when Greenstone is expected to be operating. Any shortfall in deliveries will be compensated at a rate of US$23.50 per ounce.

13/12/21 - The acquired offtake contracts provide 'royalty-like' exposure with returns driven by the gold price, volatility, production profile and exploration success. Over the last 10 years, the weighted average calculated margin of the acquired offtake contracts would be approximately equivalent to an 1.33%. The illustrative returns and revenues set out in this announcement are based on that rate and a gold price of US$1,800/oz. Over the last 15 years the NSR equivalent would be approximately 1.56%. Between February 2020 and June 2021, under Orion's ownership, the acquired contracts have delivered an NSR equivalent return of approximately 1.7%.

Interestingly the 13 Dec RNS also introduced the 36p Primary Bid offer to pay for this, an absolute screaming bargain at 33p now IMHO

GLA

Jon has done a good thing here, people costs are huge at CPI and they need to be cut dramatically.

Adolfo doesn't have to walk into such a mess and be the bearer of bad news, he can wait 9 months and do it in 3rd Quarter.

Good luck to any employees still there.

FG will be getting his yacht put into dry dock for the winter to get varnished whilst he stays in a hotel in Monaco

Thanks MS.

So on this basis "Trident owns an off take for 100% of the gold produced up to 58.5koz per year at Equinox Gold’s Mercedes Gold Mine and Greenstone Gold Project until March 1, 2027."

if Gold sells at $2k per ounce is this 58.5K x $2K = $117M per annum?

Lets hope they start full production soon given it only runs until sometime in 2027 hopefully calendar year end