Member Info for sundancer

i had a limit order for a buy at 150p and managed to scoop a small amount(988 shares). in £93 profit now...i'm minted!

I think this chap is talking gibberish. The long term threat to oil is battery minerals. The short term threat is a recession. Oil will drop when a recession hits. That threshold is USD$140 per barrel. So oil will not hit or dare I say, never hit USD$180.

I'm invested here. Haven't sold a single share since 18p.

Good luck all...

I think tomorrow's announcement will determine whether we will reach 226p or drift back down to 150p.

"One good trend will pay for all your losses" this is so true. i speak from experience. no more 20% profit then sell. i will be here till end of this year, at least. i'm actually hoping I3E will retrace back to 22p so i can top up. :)

first buy here was at 18p.

I've also tried to make some sense of where the share price will be at year's end.

2021 revenue was USD$85.3m out of which 45% of this was generated within Q42021 alone. Pretax profit is USD$54.6m so 45% of that should be USD$24.57m.

USD$24.57m = GBP£18.72m
EPS = GBP£18.72/214,000,000 shares in issue = 7.7p

That is Q42021 alone. If it was the same performance every quarter, that'd be 7.7p*4=31p hypothetical EPS for the entire 2022.

31p * a conservative P/E multiple of 8 = £2.50 thereabouts, is my forecast for APF share price by end of 2022.

*this excludes a downturn in APF commodities or any catastrophic world events. probably better to see H12022 performance numbers before being more certain of hitting £2.48 a share.

DYOR

2021 Final Results Quick View

EPS = USD$0.2518 = GBP£0.19
P/E ratio = £1.77/£0.19 = 9.31
Dividend yield = £0.07/£1.77 = about 4%
Net assets = USD$357.1m = GBP£271.6m

final dividend is pending AGM approval.

I wouldn't be surprised, now that US & EU will have to re-evaluate their energy profile. Russia is also threatening to cut off uranium supply.

I witnessed APF climbed to 220p+ when it happened 3 years ago. But I cried like a baby because I sold all my holdings in batches, up till 180p. Then the train left without me. Not gonna make the same mistake this time.

hope we have left the <150p train and are now heading to the 200s. would be a shame if it languishes in the 130-140p range again.

Hello all, happy to have joined the party today, at 18p. Good luck all!

https://amp.scmp.com/economy/china-economy/article/3147774/china-australia-relations-demand-coal-surges-how-long-can

While I think growth prospects in terms of new income streams may now be limited, the bottomline is that Mr.Treger has left a great legacy in APF where income streams are based in "low risk" jurisdictions and long term growth markets, I believe within the next 6 months, APF will be re-evaluated on fairer valuation. I am still a long term shareholder here and plan to top up after the dust settles as I do not see any warning bells here yet that would threaten projected income.

Not much specifics but some reading material, if you have spare time.

https://www.institutionalinvestor.com/article/b1st89ttmv26n6/the-blue-metal-why-the-outlook-for-cobalt-has-changed

There was a flood at the mine in Voisey's Bay in Q2 which has since subsided. The update did say deliveries only really did come in towards the end of the quarter and it looks like perhaps after initial teething issues(i.e climate), a better Q3 ahead. Chance to top up for a quick 6-month capital return, I'd say. Yielding around 6% at current share pricem

https://www.mining.com/web/vale-produced-75-7m-tonnes-iron-ore-in-q2/

when APF was previously reporting net income of £24m a year, it was already in that price range. Q1 2021 was £6.8m without cobalt. so the entire 2021 should be at least £24m without cobalt. the question is...how much more, with cobalt income stream?

we're heading to the stratosphere...! haha

i can smell the moondust...enjoy the ride! this one is going to make us see stars.

got zapped by an eletrical charge, heading to the stratosphere.

sold some at 140p and bought back same amount at 128p...guess missing out from Primary Bid wasn't that bad after all, seeing all the issues you guys are going through. hope it finally comes through for those still waiting.

Oh hello Elon! Look what I found...

https://financialpost.com/commodities/mining/tesla-in-talks-with-vale-to-buy-canadian-nickel-for-electric-cars

It seems we may already have the world's biggest EV producer Tesla as a direct customer for APF's newest income stream at Voisey's Bay.

quote

"Asked whether Vale and Tesla have held discussions, Travers said: “Yes, absolutely.”

Vale, whose Canadian operations span three provinces, is in the midst of expanding its Voisey’s Bay site to an underground operation that will produce about 40,000 tonnes of nickel-in-concentrate per year.

unquote

No wonder JT was willing to let go of iron ore. Well done to the management team.