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It is the price we sell gold for, however formed, so as always I find it concerning

3bear, how come 130000 oz, and even if our mining shot up back over an annual 500k oz and the final quarter was 130000oz = approx $34m profit which is what counts?

Also, Tharisa make it very clear that the dividend will be rapidly moving, depending on the price of PGM and chromium, and always be a little bit above 15% of the profit from them. When you buy this Share, one should be aware that the dividend moves wildly, it comes to the same in the end, just higher dividends in good years lower in bad and with mining good and bad can be very different

Well let us see but I would guess the usual 17% or so which is about 1.5 to come in next divi but hope you are right and we get double,

They need the cash for Karo, not efficient to give us more and then borrow for Karo at maybe 10%?

Mike, just what I expect 1.5c divi, but the nub as you suggest is going forward. The PE is 3 in the rear view mirror. Next year if this share price was maintained profits could well be half making the PE 6 which is not amazingly low given Karo risk a lessening pgm demand. The dividend tells the story 9c 7c 4.5c accounting for a share price halving with a bit more baked in for next years profit fall. If halves again and we get a divi of 2.25 then presumably share price will again. However with most profit now from chromium the ke for me is if that continues to decline. If it turns back up then we shall be fine….if

Well there is the reaction to the expected down 13% at open, what do any of you number crunchers think?

Well half the ‘gold expertsk should be randomly right although the proportion doesn’t seem to be. Maybe as so many sell it too or just as too unpredictable. We should have a team of monkeys with darts. However I sincerely hope he is right and remain ever hopeful…a triumph of hope over experience. But thanks for posting

Moneyman, the concentrate 42% was over 300 in Sept and near 310 in May but has been paused just last few weeks on its apparent staircase down at 282.5

However HC Feerochrome 50% has come down from near 330 earlier in the year to 255 on the THS weekly figures, and down nearly 2% just in last week probably halving profit from this? The big question is whether the trend of this year continues but I see no reason not, while rhodium has hopefully found a floor (though not platinum or palladium)

So will final divi be down to 1.5 c? PE looks below 3 but looking forward that will increase and if chromium continues to fall further by quite a lot unless the share price fall further? We are in the hands of pgm and chromium prices

Sadly going forward not quite so rosy as Chromium also now on the down escalator albeit more slowly

Finals date still showing as tbc?

Still tbc

Ths site is still saying finals date TBC?

What we have to hope8# that gold repeats its rise of many years from Nov to spring/summer, so far so good, these are rises from end Nov (ie as now) all approx

2015/16 +20%

2016/17 +13%

2017/18 +20%

2019/20 +30%

2022/23 +15%

No impediment at all to taking over Centamin(at the right price) as Endeavoir tried (but not thought enough) but as I was saying and you point out they only get half of Sukari which they have to share with Emma which might put off many large miners? So we quiet agree

Impediment to takeover bid is Centamin only owns half although endeavour did bid for that half at a price rather better than now!

Apologies got that quite wrong, just woken. Final dici if you are right still lower but of course already had 3c so total would be 5.5-5.75c meaning 4 1/4 pershare or absurdly low PE of 1.5? Mea Culpa

If you are right implies about 12p profit which means PE up to 5 and explains share price that was anticipating? Finals date stil tbc, never greatest sign….

And about an eighth of that in profit less non Sukarno capex but still nice. Profit nearing £100m PE 12 spot on historic average. So share price right for where we are now. Let’s hope gold rises, aisc rally falls, output really rises oh and what was that large pink thing tailing a q that I just saw flying over the deser….Maybe it will all come true ….