Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Return of Capital Update
PetroTal is now long-term debt free and is excited to announce Board approval of a normal course issuer bid ("NCIB") share buyback program. Subject to approval by the Toronto Stock Exchange, the NCIB will allow the Company to purchase up to 10% of PetroTal's public float, over a period of twelve months, commencing in Q2 2023. Under the NCIB, common shares may be repurchased on the open market through the facilities of both the TSX and AIM exchanges, in accordance with TSX and AIM regulations.
In addition, PetroTal is pleased to reinstate a US$0.015 per share quarterly eligible dividend(1) with expected record and payment dates in June 2023. On an annualized basis, this represents US$0.06/share and an approximate yield of 13.9% based on a trading price of US$0.45/share. This quarterly cash dividend will be designated as an "eligible dividend" for Canadian income tax purposes.
"Some would make you think the company is overvalued and the millions of rare mineral ounces in the ground are worthless" ....only clueless trolls would think so :)) and people who dont have any understanding about mining business ! FRES is a gift at these prices....and lets watch where we are price related next April/May.
Poker....Yes the H1 was bad and they have/had problems. But the share price already reflects a lot. And its absolut normal for a mining comp, when you bring a massive new project online, to have year(s) where capex is higher than what you earn. Its quiet normal to take debt for that. Tiger is imo fully right with his opinion. And lets see who bought in again with these discount prices the last weeks. For me this is/was a coordinated short attack with the help of the downgrade of Goldman. This is the biggest silver producer and the biggest gold producer of Mexico...lets see where we are... when silver gets a run. As a geologist who worked in South America I am fully invested now and bought my last batch today. Cheers !
Nickel,you really have no clue about mining business...for me you are a misleading troll or short/basher...nothing more. Must be satisfying to play such a false role on a message board.
Thanks !...didnt know that HUM can be traded there ....NEX imo is more or less the canadian AIM version if I understand it right, never traded there. But a junior producer like HUM shouldnt be in that segment ...this does not bring reputation or reliability. TSX would be the place to be in Canada. Also being part of the Micro-Cap Gold / Kitco list would be a further step to be visible !
BTW its a very usefull list for finding comps for ones own watchlist ...but better recheck numbers.
https://www.kitco.com/commentaries/2019-10-07/Metals-Mining-Analysts-Ratings-Estimates-Juniors.html
Juxtapose
Do you mean the separate trading board of TSX Venture Exchange NEX ? Could not find a company under NEX that would fit.
T.GCM, T.AR, T.LCM, CDE and London FRES, HUM and PAN are my main holdings right now. T.GCM is as cheap as HUM imo and has daily volume :)).
No tree shake, I sold a third of my shares with a small gain...still holding quiet a lot. I dont like these low volumes for weeks and went out simply because of risk management..and back to canadian stocks. And whats intresting... it does not show up under HUM share trades. What BS happens at AIM when bigger trades dont show up?
I am trading resource stocks since more than 20 years ...I never saw a producer trading like this...volume (since weeks) nada... its a bad joke. IMO big mistake of management that HUM is AIM listed. Not even thinkable that a junior producer like HUM would trade like this in Vancouver or Toronto. This will drive investors away for sure....
Hopefully, because this kind of trading is really a joke. I normally trade listed canadian or american resource companies.... compared to HUM even unknown chinese resource explorers have more trades/turnover. May be London knows more about Africa...but visibility and common interest is for sure not there.
I think one main problem for a satisfying price/basic value relation is the listing only at LSE. Nearly nobody on Canadian/American/German boards has any clue about HUM or the story behind. And you wont find one company as cheap as HUM there. When I see how many trades are done these days...thats just plain ridiculous for a producing junior. Better investor relation would help too.
OMG, let us FRES investing nitwits here alone :))....you better play with nickel and iron and dont spam this thread with FXPO ...greetings from a geo !
42 mil. is around 12 % of all shares in issue (352 mil):
Major shareholders are:
Sustainable Capital Ltd 12.1%
Gold Fields Limited 6.2%
Odey Asset Management 6.0%
Majedie Asset Management Limited 5.4%
Standard Life Aberdeen Plc 5.0%
who is it :)...leaving us with the question why ? Any speculation ?
...shorting the worlds biggest silver miner and Mexicos biggest gold miner at the beginning of a new bull market... must be fun ! I for myself will enjoy the ride up long...The big players are still not in the miners and have to catch up, they will choose the big and high volume traded ones. The moment will come !
Well I think every gold mining company rethinks/-evaluates their development-projects right now....that needs time.... and the confidence that we are in a new bull market has to sink in. For those "low-grade" projects generally a lot of capex is needed...so you have to speak with the banks or/and partner with other companies. Quiet a process for management and better be quiet with what you plan.
....with the already known Reserves and Resources, the very prolific area where they are in Mali... and Cora in the background, the LOM-subject imho is very much overhyped ! Look at other producers what they have....often much less.
As a geologist I would say Yanfolila is a really decent project and with this price-level of gold worth around 250 Mil US$ as a minimum . For Dugbe if you calculate only 20 US$ /oz ind. x 4,2 Mil you get 84 Mil US$. So around 350 Mil US would be my price target for fair value if problems further get sorted out (like management did). So I hope for more than a triple from here. HUM is now one of my largest holdings. For me HUM is also a prime takeover-candidate in the recent consolidation of african miners, Dugbe should be a monster with 1500 US gold but needs a lot of capex to be built. I really hope they dont sell on the cheap...
"Debuting on the London exchange as the ‘world’s largest online bingo operator’ Jackpotjoy Plc, formerly Toronto TSX-listed Intertain Group closed its first day of LSE trading securing a share price of 645p." http://www.sbcnews.co.uk/featurednews/2017/01/27/jackpotjoy-plc-debuts-london-stock-exchange/
Gambling company which traded under the name Intertain Group in Toronto /TSX. http://www.stockhouse.com/companies/quote?symbol=t.it Extremly cheap compared to competitors on LSE !
Caledonia Mining in Zim is more or less comparable to ASA as a gold mine. http://www.stockhouse.com/companies/quote/t.cal/caledonia-mining-corporation They have a market cap of over 100 Mil. Cdn and will produce 2016/17 around 50-60 k ounzes with slightly better AISC. So that would mean a 60 mil market cap alone for Freda Rebecca compared to canadian markets. Zero value in this case for Zani, Bindura, smelter, diamonds and yes :) agriculture. Shure Freda is a mediocre asset but with higher gold price a big chance imo. My fair value for the whole company with all its problems right now is a mc of 60-80 Mil. I think we will see that value emerge based on gold price above 1300 dollars .