The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
“ The Board wishes to start making regular dividend payments. This would not only reward long term shareholders but is also likely to attract investors for whom regular dividend payments are an important investment criterion.
As the Group's business matures and enters what the Board expects to be a cash generative phase in the Group's development the Board is targeting declaring the first dividend payments in 2022.”
Regular dividends from this year
Hopefully more institutions start hoovering up the very little free float
Only back to the board , have been invested for a long time . Have met with the board and also had a site visit to Redmoor last year . Now I feel is the time to be super bullish and welcoming Richard Corsie back is a great addition . Tin at highs , copper near highs . Mcap near lows even tho the company remains profitable . PEPR approval should bring a lot more eyes . Ask very light into close 8k under sub .4 . Time for the board to deliver
Yes he’s a large holder at mustang too . We can all see how undervalued we are . If the board can start showing they can extract further value out of Redmoor and Leigh creek it’s game on from this minute Mcap . Who knows our claim is around 20% of claims against cobre client and the receivers have 7mill . If they decide to go proportionate we may get something
Seems like some renewed interest on Twitter with MBE Richard Corsie declaring a stake being built . Should see some action going into this week . Plenty of potential kickers in the pipeline
Through $91 . Numbers are what is going to matter to the market . Take Snap and Amazon for example this evening . Pulled down by Meta , smashed earnings and had huge reversals , snap almost 50% up after hours . Fundamentals here important and they’re ever improving along with the oil price . Financials will start to reflect this and hard numbers will bring investors
Through 89 , 100 doesn’t seem so far away now
Brent through $88 handle . Really excited to start seeing numbers from this meaningful production . Any further additions be most welcomed too
Interims saw production levels at 1639, (now nearer 3000) oil prices around 75 but were obv a lot lower for the period prior , now at 86 and have been high all period . Costs now fairly low due to most equipment own . Every amount of production added now can add 10’s of million to the Mcap . A deep can add significantly more . Dividends will be very much in play as we all know the majority of shares owned by large holders so the dividends is a great way for them to start seeing returns
Caml ceo talking about unrest in Kazakhstan .
Should get q4 cobre results either tomorrow or Monday , we’ve had no rns to say there’s been any issues so you’d expect decent results again and more profits
Give it time soon as we start getting some rns’s with revenue figures it’ll all start to become apparent just what the increase in oil price and also production will make . As we saw protesting started because of increase in local oil prices so maybe our local price will have increased also
Asks gone super light there’s a bit at 4.285 but over that someone got 5p possibly NT trade
I’ve asked if there was plans for an updated presentation as not had one in a while . Working on it was the reply and also working with WH for an updated broker note . Good to see work swiftly resumed
Sad to see the amount of deaths hopefully that’s the end of it https://t.co/5Z6jVj46r4
Brent nearing $82 makes us more and more valuable
Check out there reaction to the news and realise it’s just panicked retail selling here you’d imagine
What a quick turnaround . Shows how low free float sticks can move , blockbuster news still potentially in the horizon but current production and so many drills turning and imminent we could quickly get back to double figures , we’ll done to those keeping the faith . Here’s to a prosperous 2022
https://twitter.com/styledgentleman/status/1473580254312685568?s=21