Member Info for Tenantry

If Penstocks scenario runs true I would hope with a fair run of coking coal price that the divis will shine through and investors might want in even at this stage, but I've had a sense for a while that a sale may come, but I don't believe AW is going to sell for any less than fair value.
I'm not fully aware of the rules regarding majority Share holder buyouts and the relation to the highest price paid in a given period so I do feel a little intimidated by the prospect of this occurring.
GLA

HH, my thoughts exactly....well said.

Cheers Penstock.

I've priced in the 12th because that's when it has to be through the process, The market will have priced in the 12th because that's the only fact they can go on unless Eddie can quote RNS-able ( My thoughts ) fact that its not that date
Your chasing shadows if you think anyone can tell you its definitely coming on any other date through this BB.

Not policing your post...how can I. If I could I would be abe to remove or edit it.....Im just wondering why you keep chasing the permit with a question to others..... when there is significant reference to these dates in other posts of the same topic in this BB.

Heho......you seem rather het up at some one asking you questions...Shant bother you too much I hope.
Good afternoon!

GLA

Sienna, is this the 3rd or 4th time you've asked about the permit or are you just checking again?

Its 12th of October at the latest. --- Expected earlier by others who have had contact with the agency responsible for issue

Yep 5%.
Wonder what Bill makes of that?

If Rod gets this going from its current seemingly strong position and makes some strong progress on SP it will be ok by me.
He stands to be worth a tidy amount if this comes good.

I don't think you could state that velcro failed....
Kids shoes have it
Work wear clothing.
Temporary Fixings, packaging. Toys
I'm sure someone will know how much 3M make from it so I'm sure it's not classed as a failure.

Brilliant Layla and Stejstej, just brilliant

Cheers Micru.

2JJ,
Im sure there was inf that we had 8 trains booked to ship coal. Will need to check where I seen this.

I know AW has expressed his desire to see a dividend (especially for the initial investors) to reward their investment. So I wouldn't be too surprised at an initial dividend.

There has been talk and I have agreed that this will be a good dividend stock, but the company IPO document refers to the capital growth as being the main focus of the company. See below

Dividend Policy
"The Directors believe that the Company should seek principally to generate capital growth for Shareholders,
but may recommend dividends at some future date, depending upon the generation of sustainable profits,
if and when it becomes commercially prudent to do so, subject to having distributable reserves available for
the purpose. There can be no assurance that the Company will declare and pay, or have the ability to declare
and pay, any dividends in the future"

Is this an industry standard statement to ward against committing to regular dividends.

All good either way for me, capital growth would probably suit me better, but will take regular dividends if they come along on the back of increased met coal prices.

GLA

It always does on what appear to be good RNS...Cant get my head around it.

Micru,
The company has only been in existence since October 21, derelict mine had to be restarted, large amount of expenditure on infrastructure, some delays in getting all the plant up and running, and what seem s to me to be a recognition of a need to expand the resource and increase above initial production plan as opportunities have presented themselves.

So in my view only this operating loss could have been expected.

GLA

With a tinge of Sarcasm..... we can probably expect a drop in SP.....

I agree that looks good to me, confirming probably what most on here were expecting.

Lets hope another Met Coal increase can come along to keep the SP ticking up.
GLA

Canny buy if it's not something else....not that I know what that may be.!!!!!
GLA

Sienna, the new equipment wont take 3 years to pay for itself, they have extrapolated the cost of hiring against the cost of buying, 3 years hire charges will cover the cost of purchase, we will have the assets on the books and the capex benefitting our tax position.

Sienna, Why do you start a new post in response answers you get? You can just post a reply in the thread.

Kenny, Similar to my thoughts on the ownership issue also, But no one entity has the 75% its still a few major shareholders, would they go together in taking private, can they do that?

I also have a significant holding ( for me ) about 42k shares with buys across the whole range of prices, last one yesterday!!!!!! so Im hoping there is no internal buy / taking it private.

Gonna be seriously Pssd off if its one 10p dividend and then "goodbye and thank you"

Surely this is further increasing the attractiveness / viability of a sale to steel producer. The whole operation is becoming self sufficient with decreased contractor involvement and hired equipment.

Wolfie, that obsession with all things Mac is coming out again.
It can't really be good for you.
Try to ignore what you can't control.!!
This thread seems to be exploring some good lines, who cares whether it's Mac or anyone else.
The content is interesting and informative for our own research.