Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Maybe, but pension contributions are paid on a buy out basis, not an accounting basis. So big lumps of cash will still need to be paid to the pension fund.
My advice is to become an actuary and bamboozle everybody with smoke and mirrors. Yet another bloodsucking closed shop profession.
Always a bad sign when the Directors have nothing better to do than pontificate over a new name, Quite apart from wasting their time, there will be all the costs with new logos, replacement stationery, informing their customers, suppliers, banks etc.
Maybe, but gas is important to HBR as well. They are basing their cash flows on $200 per therm, whereas it is only about $125 at present. Plus of course radio silence on Tolmount so perhaps cash flows on the gas side of the business are struggling.
Both of their high rolling and low end businesses are being squeezed. No more oligarchs at one end and cost of living at the other. I am afraid it is going to be a long haul, but strongish balance sheet should get it through to the other side. At 99p and on a 5 year horizon, the shares are probably worth a punt.
I do not believe attending a jolly in Cape Town this week isa sensible use of shareholders' money. Sends all the wrong messages.