Member Info for stuGGTTH

Yes...and with SpaceX, Anthropic and Bending Spoons IPOs expected within a year, surely many more will be, in due course??

According to HL in their 'Asset Breakdown' information, the Schiehallion Fund holds Preferred Shares in SpaceX, Bytedance, Wayve, Databricks, Stripe and Anthropic - does anyone know if the Fund currently receives dividends from these shares, or are there other benefits to holding these shares?

Good long term hold IMHO

Stu

I think it's a relatively good deal for NEO, Sibanye-Stillwater owning 40% of the company will lend stability I would think - it is surely better than borrowing heavily to acquire Beisa?

It will be interesting to see what happens to the share price, if the successful acquisition of Beisa from Sibanye-Stillwater is announced simultaneously to the dilution, one might balance the other

I will hold long term regardless, can't possibly lose

I feel that the land rehabilitation efforts are to demonstrate that Sovereign are a responsible, trustworthy outfit and also ensures that we are less likely to encounter the possibility of local opposition as mining progresses - the tangible proof that there is something in this for all sides, makes this all the more likely to come to full fruition in due course

Doubled my holding this morning, easy money surely?

Https://uk.finance.yahoo.com/news/time-buy-11-yielding-ftse-072000997.html?guccounter=1&guce_referrer=YW5kcm9pZC1hcHA6Ly9jb20uZ29vZ2xlLmFuZHJvaWQuZ29vZ2xlcXVpY2tzZWFyY2hib3gv&guce_referrer_sig=AQAAAD_EpY2QGRJhyiUjftkbMk2bWSmQcw0t7ePMq2G1oUpSo5QP9wrWmHfcKwdxgDkOH4bN_LisGXGTnQO3p7Ie7XogAdKfcAlWgUv7Fx0rEjclyKNrf7HEHmamJkh9nxNq9mFABzjXdglpebdCwSynXmzGon-ljbvgcS2vtTTGaacI

Blair comments on Net Zero

https://share.google/Zr2mhDtfBnZwJJLwj

Not directly about Evraz but regarding steel demand...

https://www.express.co.uk/news/world/2166226/russia-economy-meltdown-top-steelmaker

$0.1212 rather

Actually, I'm probably in error with the final dividend amount - $200m dividend payment divided by 1.65bn shares in issue, comes to $01212 per share

I make it $0.159 for the final dividend if they replicate last years $500m amount as guided, about 11.6p per share at current exchange rate

That was unexpected and very welcome news this morning, the mind boggles to think of a fair value, it now seems that the share price/market cap should steadily increase surely but no one will lose money from this level in the medium to long term

Feel that I am stating the obvious, but hugely optimistic about Sovereign

Just to echo the sentiment...

https://news.sky.com/story/gas-prices-soar-by-40-amid-perfect-storm-of-pressures-13495025

Stu

Does anyone have any insight into the £18m of share trades at 222p which have been listed after close?

The trades seem to have been done around noon

Could it be that Wood and Petrofac have been trying to undercut one another to win contracts for years, leaving both in a worse state than they might have been - with Petrofac gone, Wood might be able to increase margins going forward...??

No worries Andy

Elllltelinv has us all guessing about the Subject heading originally posted, any clarification Elllltelinv?

Andy, the attachment is an article dated August 3rd 2011 (??)

Gsei, the phrase 'pigs at the trough' springs to mind

To be succinct, no brainer multi bag in due course, two to three years

Https://www.petrofac.com/media/news/petrofac-continues-its-relationship-with-ithaca-energy-in-the-uk-north-sea

@Elllltelinv, personally I don't really have a target - there are a lot of variables in play for ITH, but to be honest I'm fine with the SP at this level currently as I plan to compound my holding with dividend payments.

Undoubtedly the SP will be much higher here in the medium term, but ITH seems a bit unloved currently, in an unloved sector - I think the SP here will reflect dividend levels, so positive news on production and distributions will lead to gains - not to mention possible UK policy re-thinks.

Not sure about your '£2.5 by christmas' that would be a 33% rise from here, it is possible given the 237p spike lately, but would seem a bit unlikely without unforeseen positive news.

Just my tuppence worth, I would appreciate any other discussion.

Stu