Member Info for ragnarlothbrok

Matrix appears you are correct and I am a little confused as a result. I wasn't aware that they had granted the authority to buyback and cancel UK shares.

Matrix, the 3m is the cumulative amount of $A denominated, unlisted shares acquired in October and yes will boost EPS by over 1%. These "were purchased from non-UK shareholders at a price of A$0.1619 per Ordinary Share" .The 10.25p is the GBp equivalent price

ToD the buyback relates to unlisted shares which were left over from the ASX delisting. This will not support the share price

Nintendo has increased its profit forecast by 90% and raised projections for sales of the switch by 40% to 14m. Bodes well for Game whose recent troubles were triggered by supply issues for the Switch. Game sales are also sounding pretty healthy

I sold some as well GG79 I think I deserve some credit!! GMD on the leaderboard today which means the pump and dumpers may soon arrive

Very interesting. Some decent sized sells which seem to be getting mopped up. Looks like next target is 50p... Seems a bit early for results anticipation...

Good day to you Matrix. Just based on valuation (P/E) of less than 5 compared to 10+ years of maintainable profits a takeover could be possible. However I think the political uncertainty in SA at the moment is putting off any overseas investment. So not sure who would be interested. SA PGM producers like Implats which may be a fit but are all on their knees right now...

Pretty pleasing result with Rev and EBITDA better than what I was expecting. Was hoping for more certainty around Echo commissioning but they are sticking to their 70koz for the year which I guess is the main thing. Basket price of $1028/oz is well above market price for the quarter with a widening gap as Shareminator had previously flagged. I see a few sells coming through this morning, I guess we are seeing classic AIM behaviour selling into the announcement? Basket price of 1028 is well over the market price for the quarter

Smashed through 40p with a �150k trade. Wasn't expecting this today. Took a bit of profit, I was well overweight

Up around 10% this week. I'm surprised given the weakness in retail sales and the 4.6% increase in wages in the retail sector announced this week. However GMD has large exposure to EUR so I guess sterling tanking this week is helping. Firm resistance at 40p, I wonder if this can be turned into support in the next couple of weeks. Looking forward to results, it will be interesting to see how the new strategy is evolving

But I wonder why... a little early for anticipation of results...

And back up again, now 16p from record high

While we are waiting for Q1 results here's a bit of about the future of the PGMs in the context of the growth in electric vehicles. https://www.ft.com/content/bbbc08ba-b3eb-11e7-a398-73d59db9e399 Johnson Matthey's (world's largest PGM refiner) recent capital markets presentation is also interesting http://www.matthey.com/documents/shareholder-meetings/capital-markets-day-2017/capital-markets-day-2017-presentation.pdf

Matrix is correct... my chart goes back to Jan 16 where it was $759 and ZAR11,872/oz. YoY prices up 4% so far

Add to that that the rand has tanked and new ounces are coming on soon at 60% of the current cost. I'm thinking 15p as a year end target, and who knows from there

Interesting that at current prices only 54% of revenue is from Pt v. 62% prill split. I wonder if this will have any impact on the structure of concentrate sales contracts and if SLP is seeing all this flowing through to revenue... There is a rhodium ETF which I've been trying to get some shares in but liquidity is so low I can't grab any via my normal execution platform. I've watched it go from 90 last week to 140 today. Found this little article from last year banging on about the opportunity when it was in the 600s suggesting this could be the start of a ten fold appreciation https://gbp.indigopreciousmetals.com/news/rhodium-investment-opportunity-2016/

Average for this week is $1034/oz, up 4% on last week. Platinum letting the team down as usual but average rhodium up 15% on last week.... assuming these price change are being reflected in concentrate sales cash will be rolling in

Looking for positive news in the Q1 update on Q1 cash generation and the progress of Echo on the first 2 plants. Possibly a hint of cash returns at the H1 results. Some combination of these will lead price to head to 15p in ST. I think 20p is possible on a 10 year life with regular cash returns under any price scenario. Spread is widening and seeing firm support over the 11p mark now.

Whoa that's 5% of market cap. Couldn't have been done on market

Hey PP, I think the fall yesterday was because Mediclinic's trading statement wasn't quite up to scratch. There is often a read through to NMC as they both operate in the Middle East. The SP swings around a lot as the free float is quite low, but it has always recovered quickly after every drop