Member Info for Supercharger

We should return to that direction over the next month or so. USA and Mexican markets to open later to give us a little more push for today but the big boys should start coming in here with their pension schemes one would think when looking for growth and income. How many other comps can offer that at the moment!

Profits up 450% and the new processing plant on track to yet open later in the year the CEO said "The Juanicipio mine remains on track, with commissioning of the processing plant expected by the end of the year, and we are making strong progress with our intensified exploration activities to convert resources into reserves." = more to come a great longer and short termer this one!

Must be a STRONG BUY :-
Financial highlights (1H21/1H20 comparisons)

· Adjusted Revenues[1] of US$1,543.1m, up 37.1%; 75.8% of this due to higher metal prices and 24.2% due to increased volumes.

· Gross profit and EBITDA[2] of US$606.8m and US$747.0m, up 88.9% and 59.0%, respectively.

· Operating profit and profit before income tax of US$471.9m and US$445.4m, up 117.6% and 248.3%, respectively.

· Profit for the period of US$308.4m, up 445.8%.

· Basic and diluted EPS from continuing operations of US$41.0 cents per share, up 365.9%.

· Adjusted EPS[3] of US$41.4 cents per share, up 250.8%.

· Cash generated from operations, before changes in working capital, of US$750.4m, up 64.5%.

· Free cash flow[4] of US$305.1m in 1H21 (US$265.7m in 1H20).

· Strong balance sheet with cash and other liquid funds[5] as at 30 June 2021 of US$1,202.9m (31 December 2020: $1,070.4m); net debt/EBITDA of -0.02x[6] (31 December 2020: 0.08x).

· Interim dividend of 9.90 US cents per share, totalling US$73.0m (1H20: 16.9m).

Botbot - I have a feeling we are now off the bottom. I wonder what your spread sheet would say the RR price was prior to the pandemic. This is what I am aiming for. RR now also appear to be leading the way in alternative avn fuels, and electric turbine tech, as well as mini nuclear facilities. Not forgetting how they must have been inundated with the servicing of acft now in service (after having been left idle for so long). Looking forward to any results statement and results at the end of the week as you suggest. Fingers crossed!

Our local Farms have suffered tremendously with crop losses due to the sudden recent rain storms which could affect our Barley prices. I expect the same for European crops too.
We have as you have said (Including Hobgoblin) a few Gold medals of our own in the range from Marstons.

Up strongly at close HL shows us up far more than above price - might be a good sign of the airport doors re-opening in the Uk and Boris openly saying on the news that he must now concentrate in help the travel business. Perhaps the tide has now turned in our favour!

Said "Esken will retain ownership of Carlisle Lake District Airport rather than it
being sold for £15m (reflected in the cash impact above)."
Page 10 of 27 (not sure Stobart air was actually sold or even liquidated in the end) see link :-
www.esken.com/media/fbufce1z/fy-results-presentation.pdf

I am really surprised we are only just turning positive for tomorrow. We must expect results to be fantastic as production is back up and increasing through the past qtr. No hold ups in the year (esp.when compared to 2020) and where the Commodity prices have been up big time for most of the past year. No announcements have been made from the BOD to suggest otherwise. We will see - and I am looking forward to tomorrow, and best of luck to all of those like me having been patient for some time.

I never look too deeply at the moment- most of the share rise/fall is on sentiment. However one thing is for sure we appear to have reduced Covid infections and deaths in the Uk 89% of people are vaccinated and the borders are opening. I hear a large no of pax are coming into the Uk that were held o/side until today. So it is the start. All else is survival. To be honest I think Esken have done well so far to survive. However the future does look a whole lot brighter lets be honest! Once they get income from pax they will be ok. Or even a govt. instruction to help freeports and cargo expansion. Both a/ports very well strategically placed to benefit.

Bidens extra stimuli is coming around to bi-partisan support whilst being discussed in the senate and it is expected to stand aa very chance of success with the US economy faltering. This should/ may well support commodity prices and especially precious metals next week. What with the results for Fres due too we could be in for a treat! Fingers crossed -good w/end Supercharge.

Just an opinion -but likely to disappoint those who just look at "past" numbers which means one is always behind the game.

See this not only helping RR, but also there will be a sudden increase in demands for internal/external flights -whether internal to Uk or to Europe.
Perhaps all is not lost? and S/end will see some Value!

ICAG - i.e. BA ET AL have announced to be putting over 1600 airliners back into service. Yes that's right "service" which will certainly involve RR.
Also on the RR web new orders or at least increased investment coming from the Govts for Tempest!
Most FTSE shares down today and so this must be sentiment not pure Comp. performance!

I can see when under Stobart Group now shown under Esken the group made a GBP100m retained profit in 2018, but agreed 2019 on like most businesses with a large income from flying customers losses of 155M were disclosed for the fiscal end 28/02/21 - no doubt as a result of the lock down.

i.e. Look at Tesla its share price has no relation to the profits it makes. However it is worth more than Ford? For a while on paper Toyota? Sentiment and the potential future operations has a value too. It is no wonder whilst S/End was being built up with a new terminal, infrastructure, railways station now a main stop on the S/end to Liverpool st main line the costs outweighed the income. However before the lock down pax.nos had already passed to record nos. This will return. Also do not forget the Conservatives push on relief for infrastructure and even assistance if required and if not available from capital markets. S/end is so high now on the govts radar it will succeed. Carlisle was/is being considered for free port status. There is also a shortage of warehousing the the se that the airport can fill/well probably is filling. All is not lost. The MD statement refers to EasyJet returning once travel picks up and it is felt short haul will be sooner than long haul. So everyone has their own opinion but mine is not to try and lower the price for a cheaper entry point but to give another optimistic sounding call. The locals have never understood why hundreds of millions of pounds was spent on the new A130 by pass but it links the A12 with Southend. All the links are in for success and I now have no doubt it will be. In a short time we will know for sure.

Hopefully the start of a trend to help us next week. We can expect a big divi too based on the years Silver/Gold trading chart.

If not in her chaps you might have missed the boat? You can always feed your way in? and way out? However if one looks at last yrs chart you will see how quickly this one can move we should be at £12 a share already we might even go back up to £16 who knows. The Silver/Gold market is just starting to gain momentum after a few weeks rest. There is no way any western economy is going to stall the recovery. IMHO.

Have you been to S/end airport - do you actually know it?
i.e. I know and cannot say too much more about the expansion over the last two to three years in warehousing and facilities for transportation and cargo (some affected by flights but not all).
The new station on the Liverpool st. line helps too with the infrastructure plan.
This is going to become London's fourth airport in my opinion and has left the likes of Biggin Hill and other London provisional airports way behind.
I know the work that has gone in to the project and it will succeed. The only reason for the fall in share price has been sentiment and the fear of the business going under. The second aspect in my opinion has gone, we have security in place, and longer term we can all now see us in the Uk coming out of lockdown. A lot to look forward to/ I might even suggest we could become a RR service centre and there is no way that the three London Majors are going to cope with their fleet servicing requirements where demand will suddenly hit the market at the same time when the USA agree to flight to the Uk, if not the EU to begin with. Still you are entitled to your view. I'm very optimistic, and to be honest have made so much money on Fresnillo, Hoc. Centamin etc, that it does not matter for me financially but it does from a personal sense where I live close to the airport itself and see the benefits of expansion. Good luck and fingers crossed with your own decisions.

USD down against sterling too - Ideal conds for Fres, Hoch and with Gold up too also for CEY. We could round the week off in a very favourable position.

As we said yesterday an excellent share this one for the big buying fund manager. i.e. M&G /Pru, etc.
I expect to see some RNS releases soon of major holdings - lets see who raises their head!