Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
The good news is that the dividend is up ... the better news is that I bailed here a couple of months ago and back in.
Did anyone get to the end of the AGM? I fell asleep :(
Https://www.youtube.com/watch?v=i-6Xa96Nr1U
Seplat AGM
"DEC big " .. Fair enough ... I held a small position a few years ago .... but the Natural gas leakage and hig divi tax put me off ... For a Gas Plays I'm sticking with ETFs on tje commodity for the moment.
"CSH similar profile. LGEN recently took a big stake. Social housing. Govt pay most bills. SP on its knees but money comes in and +9% yield, quarterly! I don’t hold but had a dig. Just can’t do it all!"
I looked and put on watch list .... and thought hard .... taken out today along with Numis last week.
Bargain basement UK ... it really is criminal what the last 7 years has done to the UK .... suspect UK should abandon CPTPP and go and join Nigeria in the hall of corporate shame.
;)
Markets look forward … the UK consumer is cash strapped with high taxes and high inflation … lowest performing economy in G7 … I wonder why?
Looks like shore capital were caught long.
Anyway ... well done Pollack .... I'm slightly annoyed since I flipped a coin between here and Cenkos ... with the latter falling off a cliff and going for a merger .... but such is life.
Well yes .... bugger! I sold 210 from 180.
"does seem less positive than the last update." ... well yes .. it lost the "according to the law" part.
Annoying.
Got 3 lots back just below yesterdays sell price … that’s enough to keep the trigger finger happy for the rest of the day.
Let’s see if the hedgies take it down because today is thursday and the grass is green.
;)
There was a buyer yesterday …. Dividend up to 12 cents …. Nice … bought back one lot for pennies GLA
There is a buyer out there today ..... so I'm reluctants to have cleared .... but 3-5p with bargains elsewhere makes it easier.
"Each Cenkos Shareholder will be entitled to receive and retain the 0.5 pence cash dividend "
"The Cenkos Board intends in due course to declare an interim dividend of 3 pence per Cenkos Share, which is intended to be formally declared after 30 June 2023 and paid before the Effective Date (the "Interim Dividend"). "
I've cleared my Ex Divi 98-100 buys today .... we will see.
Cenkos shareholders are in line for a 3.5p dividend.
" is now focused on engagements with the Minister of Interior to bring closure to all outstanding issues."
Like it.
I'm sure you do have a holding Trek .... I keep some in Renewables for days like today.
;)
"a hedge fund could get toasted" .... Their problem ... but I suspect that will simply have reduced profits rather than a toasting.
80p is even more silly ..... some hedgie is taking this down .... let the share capitulate then buy more for the upside.