Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The problem I believe we have is, are the dream party pivoting towards Russia. Clearly there are some Georgian MPs who are Russophiliats but I wonder if the government isn't merely trying to keep on side with the Russians ie please don't invade us again. Problem is would russia actually care if they introduced it or not. Is it instead actually the government wanting information not easily available. Also what is the downside?
Everyone knows that Georgia Capital and Bank of Georgia are owned by UK shareholders.
From BGEO board
"RE: Russia2 May 2024 23:41
This will be it
https://foreignpolicy.com/2024/05/01/georgia-russia-foreign-influence-bill-protests-democracy-eu/
"If passed, the law would require all nongovernmental organizations to declare if they receive a certain amount of their funding from abroad."
I've always thought a lot of Russians put money in Georgia so they won't like it!"
"Sensible, readable posts on here this morning for a change. Long may it continue."
Nobrain where are you!?
Sorry winnie16 just had to do it. Always worth listening to the vilest person on ise
Late to this one (thank god!). Although I did own it years ago. Profitably but only if I include the dividends. In profit today with average price of £11.67 but had to keep buying all the way down started at £13.27 in December. Extraordinarily cheap then.
For those with the big losses hang on in, it's still a good company with differentiated approach.
The constant inaccurate if not downright lies attacks will fail eventually. Gas is not going away any time soon.
Started buying this last November presently up 12% and on 10.5% dividend.
Doing better than any of my other renewables.
In fact missed out due to the lack of dips.
The only thing I can think of which is holding up the price is the promise of cash return.
Reducing debt first but it's not much to begin with.
Have a look at today's rns
"realisation election Riverstone credit opportunities in May 2024"
The directors state that f to many shares are realised in the upcoming election then they will ask for a wind down.
The figure is if only £54 million left after realisation then company will wind down as that's to small.
Total assets £96 on 15% discount. Today I have it down as a 2.8% spread.
Share price held up very well in the seller off yesterday.
So do we actually need buy backs to lift the share price?
Probably not as they generally don't work BUT can't argue at this bargain price it would appear mad for management not to pile in. Even increasing the RCF to do so.