Member Info for sasa43

Yes, the Money week article I read, too, was very positive - agreed, Collingham.

It's difficult to know how to value this potential disruptor of the foreign exchange transactions business but they've certainly stolen a march on the opposition so far with their much cheaper cost alternative and their ancillary activities are much in demand, too, by all accounts. Looking very promising at this stage...

I've just taken an initial interest in it, as well, pending further research, fwiw - sasa.

Thanks for relaying this positive commentary, Nss - bodes well for HBR's next update which should, hopefully, lift the sp out of its present doldrums which is well overdue.

Good / pragmatic management we have here (often lacking elsewhere) which ultimately underpins successful investment - sasa.

Hopefully, we'll see some recovery in tin and lithium prices in 2025, as the former's too close to our AISC right now for comfort and confirmation that the lithium circuit is finally underway should materially re-kindle interest in Andrada, as well...

Any good news from SQM's involvement with Lithium Ridge should usefully boost sentiment, too, of course, with BW's progress being a 'Brucie Bonus' to foster confidence further out, all being well.

Here's hoping we'll see such positive influences in the New year - sasa.

Can't disagree with any of that, DTP - the problem, as always, is the timing element, as we know.

The US mkt has never been higher, with their tech stocks exceptionally so. Any major setback will almost certainly undermine sentiment towards all equity mkts - the 'bond proxies' for now, like Serica, look likely to be more resilient than most alternatives, I'd say, other than cash on deposit, pending redeployment, of course...

I'd like to think that the sp's surely near the basement now - even if the divd is halved next time (which I don't expect to be seen, myself) the yield of some 8.75% would still be twice the FTSE 100 average which is something, if nothing else!

We need the BoD to do more than just confining us to the NS / hoping for some respite from the 'anti business' policies that Starmer's Govt is pursuing through ignorance of what economies rely on to generate the wealth the nation needs.

Anyway, have a good Christmas all and hoping 2025 will be a good deal more productive overall than this outgoing one - sasa.

Agreed, dick, especially with the last sentence of your first para - 'hoping that Labour gets booted out', etc.,

These new ministers, all novices, with no business experience amongst the lot of 'em, have already reneged on numerous pre - election / manifesto promises after only six months in charge - that's quite breathtaking when you think about it - so much for integrity! - sasa.

Basically buying another clutch of UK tax losses which will be useful to the net profits retained outcome / eps, especially once the Triton compressor problem is resolved in a month or two's time.

It doesn't, however, address the need to reduce our 100% UK exposure, though - hoping the Government's excessive tax regime against our domestic producers will be lessened at some point looks wishful thinking at this stage to me.

An overseas acquisition remains the only option to improve our investment appeal and lift the sp...

On balance, it's better than nothing but hardly that pragmatic at this stage, imv - sasa

Yep, maybe the new Equinor / Shell combo should make a move on Serica to invigorate the BoD which seems pretty directionless since they took over; although Mercuria have a 25% - 28% voting power, it's not yet a controlling interest...

Anything to get this 'dog' off the floor these days - a forlorn hope, I know - sasa.

A pleasant surprise, certainly - now better than a mere bond proxy - a bond proxy +...

Insto demand for it should now increase, especially when interest rates start to decline again, given the decent CAGR they've cited - sasa.

Yep, we all hope Serica has an 'ace up its sleeve', Megla, ideally on the overseas front, to enhance the mkt's perception towards us - the BoD has had long enough to make up its mind, after all! - sasa.

Interesting that bit about offering production hub facilities at uis for tin & lithium producers, bohercom, as you say...

I recall the Aussie group, Askari (10% Chinese shareholder involved with them) bought a while ago an exploration licence right in the middle of Andrada's Spodumene Hill prospect at the time, the initial results from which Askari were quite upbeat about.

If their enthusiasm continues, they'll need a mining licence to determine its economics and if they want to commercialise it subsequently, they might well apply to utilise Andrada's processing facilities at uis or, perhaps, have something else in mind, given ATM's languishing sp right now?

Just a thought, anyway but DYOR, as usual - sasa.

Agreed, dick - the trouble is, there's "none so blind as will not see" re: their destructive tax policy towards our own energy production / security and no Government likes to admit to a mistaken policy it's introduced, especially a new one, trying to deny their inexperience in running things...

As for Serica, a more proactive BoD would transform our perception from a 'solid bet' into a very attractive one if they'd only lessen our exclusive reliance on an increasingly costly operating area; they've had time enough, imv - sasa.

With gas so strong right now, I hope Serica's undertaking some useful further hedging to protect the downside, quite apart from news regarding the 'elephant in the room' on the possible diversification front which is quite overdue, imv...

The move off AIM was also 'under consideration' when they made mention of it a while back - confirmation of either or, ideally, both would materially get the sp well off the floor for a change... sasa.

Echo that, Mommur - any divd reinvestment would best be considered when we have some positive news (hopefully) to digest - the BoD has had long enough to ponder what action is appropriate in today's climate - sasa.

Hi Mommur - good to see your take on this, too; hope you're keeping well - sasa.

Then they could invest a decent sum in the likes of HBR which is 50% odd overseas now and yielding 8% - the management there has already demonstrated their pragmatic approach to the NS O&G industry now rendered 'uninvestable' by the Govt here and Serica would, at least, be indirectly diversified in doing so, to the extent of their investment.

Doing nothing won't improve perception towards us / lift our SP from today's pathetic level - sasa.

Hi Nova - with HBR now 50% overseas / 50% UK involved and likely to reduce the latter all the more, the portents look good if they get dual listed or change their domicile to the US entirely where O & G stocks are more highly rated than over here, as already mentioned - LC is already well connected over there, too...

That's just my take in such an event but DYOR, as always - sasa.

Yep, Nitro, agreed but getting listed in the US where O&G stocks are much more highly rated than over here should be well worth the patience, if Linda announces it? - sasa.

That 'something special being lined up' might well be announcing that HBR will be getting listed in the US in the forthcoming Capital Mkts event, being scheduled for H1 next year, which LC has referred to several times.

If confirmed, that should give the sp a decent lift for a change! - sasa.

'Twas always thus, glosman - the 'Westminster bubble' it's called - sasa.

'Acquisition ahead with added value' - well, let's hope so, surprised; that's what the sp needs! - sasa.