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they pay out quite quickly Randgold Resources Limited confirmed today that shareholders approved an annual dividend for the year ended 31 December 2011 of US$0.40 per share. The dividend payment will be made on 29 May 2012 to shareholders on the register on 11 May 2012. The ex-dividend date will be 9 May 2012.

nkotb...we aint scared of no sharks..let me hold your shares..will I just accidentally on purpose push you in the water ..lol

Latest figures show almost 20pc of shares in Weir, the FTSE 100 company, are being shorted – or sold down – ahead of a trading statement on Wednesday. The short position, of 18.6pc, is almost 20 times that of the average FTSE 100 company, of approximately 1pc, according to information from Data Explorers. It has risen from 6.6pc at the start of the year, as investors bet that the company's interest in the American fracking market will backfire. Fracking is a relatively new technique using hydraulic fracturing to access gap trapped in shale rock at low cost. Weir's SPM business is a market leader in providing pumps to the industry, but it accounts for just 9pc of group sales. Hedge funds have taken the positions with the view that the US gas price will fall, making fracking less economic. At the same time, Weir's own house broker, Bank of America Merrill Lynch, has downgraded its forecasts for 2013. Last week, analyst Alex Toms said, due to more cautious comments regarding SPM than expected, it has cut its earnings per share estimate for next year to 9pc below consensus forecasts. A Weir spokesman declined to comment. http://www.telegraph.co.uk/finance/newsbysector/industry/9248344/Weir-shares-targetted-by-short-sellers-on-fracking-fears.html

time :o)

Following a mixed bag of results Randgold Resources (LON:RRS) has been upgraded to ‘buy’ from ‘add’ by broker Numis Securities due to the stock’s current weakness. Despite a miss on financials, with EPS lower than forecast at US$0.97, production updates provided good news for investors. Gold production was 165koz, ahead of the broker’s forecast of 156koz, but this was down from the previous quarter due to the political trouble in Mali. The target price has been reduced to 6,200 pence from 6,300 pence however due to the company’s lower cash balance. This is still a “good point of entry” for investors, according to Numis, with the share price currently standing at 5,101.08 pence, down 48.92 pence today. http://www.proactiveinvestors.co.uk/columns/broker-spotlight/9243/broker-round-up-part-1-debenhams-astrazeneca-randgold-resources-and-morrisons-9243.html

Randgold Resources: Fall In Stock An Overreaction To Stabilization In Price Of Gold Randgold Resources (GOLD) is another gold stock that has taken a beating recently, down over 30% over the past 2 months. However, with the price for gold stabilizing over the past 3 months, the fall in GOLD's stock price may be more of an overreaction to the stabilization of the price in gold following the multi-year bull-run in the precious metal than anything to do with Randgold's fundamentals. All three metrics suggest that the stock is undervalued. Below is an in depth look at the valuation metrics and stock chart. http://seekingalpha.com/article/556141-randgold-resources-fall-in-stock-an-overreaction-to-stabilization-in-price-of-gold

After a disappointing ramp-up of production at Tongon during the quarter, Randgold says it is still capable of hitting its target for the year at the mine complex. On Thursday Randgold argued that its approach in preferentially hiring and training local management teams rather than rely heavily on expatriates “ was once again more than vindicated” in the period covering both episodes of political upheaval. Net income for Randgold, which rose from $41m to $89m on quarterly revenues that advanced by 46 per cent to $272bn, came in below most analysts forecasts. But some argue that the hit taken by its shares since the Mali coup has been overdone. http://blogs.ft.com/beyond-brics/2012/05/03/randgold-no-crisis-here/#axzz1tsWm23pl

thanks for chart.....all...didn't see that coming today...did anyone?

you for those words of wisdom.....now can you lend me a bit of spending money please :o)

http://www.investegate.co.uk/article.aspx?id=201205010700123434C&fe=1

has wind taken out of its sails Debt concerns left SSE among the fallers yesterday as the FTSE 100 drifted to its second consecutive monthly loss. Investment in renewable energy such as wind farms could put pressure on SSE’s credit rating, said JPMorgan Cazenove. Losing its single A credit rating would substantially increase the utility’s collateral requirements, it said. JPMorgan forecast SSE’s net debt to have risen by 12 per cent to £6.62bn, or 3.6 times operating earnings, when it posts full-year results this month. Rating agencies may be relaxed about this level of debt if there were an expectation the investment will slow, but SSE has committed to spending between £1.5bn and £1.7bn a year to 2015, it said. Ahead of the results, SSE also faces sentencing on Friday following a mis-selling trial. The £5m SSE had put aside for compensating customers was unlikely to be sufficient, said JPMorgan. A government white paper due shortly may provide further bad news by cutting wind farm subsidies, said the broker. It put an “underweight” on SSE shares, which fell 1.1 per cent to £13.21.

Issue of shares for cash to YA Global Masters SPV Ltd SacOil shareholders ("Shareholders") are advised that 32 135 560 new SacOil ordinary shares ("SEDA Shares") will be issued to YA Global Masters SPV Ltd at a price of R0.49 (£0.04) per SEDA Share ("the Issue"), pursuant to the terms of the Standby Equity Distribution Agreement dated 12 October 2011 and approved by Shareholders in a general meeting on 17 November 2011, raising £1.3million. Application has been made to the JSE Limited ("JSE") to grant a listing of the SEDA Shares and to the London Stock Exchange for the admission of the SEDA Shares to trading on the AIM Market ("AIM"). The listing of the SEDA Shares on the JSE and the admission of the SEDA Shares to trading on AIM are expected to take place on Thursday, 3 May 2012. The SEDA Shares will rank pari passu in all respects with the Company's ordinary shares already in issue. The proceeds of the Issue completes the funding of the performance bond on SacOil's oil concession block OPL 233 in Nigeria. SacOil's total issued share capital after the Issue will be 893 689 516 ordinary shares. http://www.investegate.co.uk/article.aspx?id=201204300700091755C&fe=1

Is this your little quiet corner where you give yourself a pep talk.....note to sector no3..put the kettle on and make a cuppa please...lol..ATB

ex div today...Hicks you are typing slowly....only because you have no choice :o)

wish you would sort your norths and souths out!!!!.

British Land Sale of Five Virgin Active Clubs for £33 million British Land announces that it has sold five of the Virgin Active premium racquet clubs it bought in July 2011. The disposal price of £33 million represents an average net initial yield of 6.5%. The 17 asset Virgin Active portfolio was acquired in July 2011 from Societe Generale for £179 million, at an average net initial yield of 7.3% and a net equivalent yield of 8.4%. The properties are on 25 year leases with a fixed uplift at year five, followed by annual RPI uplifts of between 1-4% per annum for the remainder of the lease term. The clubs in Gloucester, Neath, Manchester, Oxford and Poole have been sold to three institutional buyers. These five clubs are among the smallest in the portfolio and with the exception of Oxford, are located outside the South East. British Land now holds a core portfolio of 12 premium racquet clubs of which over 85% (by value) are located in the South East and over 50% within the M25. Charles Maudsley, Head of Retail for British Land, said: "I am pleased with the level of institutional demand we have seen for these assets. This reflects the high quality of the assets and demonstrates our ability to work successfully with banks and other sellers to unlock opportunities and create incremental value for our shareholders." Lewis & Partners acted for British Land.

http://youtu.be/Rk_sAHh9s08

· USD$25 million Performance Bond approved to secure oil concession block OPL 233 in Nigeria · USD$10 million cash collateral to be put towards the work program as stipulated in the production sharing contract for oil concession block OPL 233 · Appointment of GMP Securities Europe LLP as joint broker 1. Performance Bond SacOil is pleased to announce that it has successfully procured a USD$25 million Performance Bond ("Bond"), which enables it to assist NIGDEL United Company Limited ("NIGDEL") to fulfil its obligations under the Profit Sharing Contract ("PSC") on oil concession OPL 233 in Nigeria ("the Concession"). The Bond is payable to the Nigeria National Petroleum Corporation ("NNPC"). SacOil entered into a farm-in agreement with NIGDEL and Energy Equity Resources ("EER") dated 30 November 2010 under which SacOil and EER agreed to assist NIGDEL in the procurement of the Performance Bond as required under the PSC. The Bond, which was issued by Ecobank Nigeria PLC ("Ecobank"), was approved on the condition, inter alia, that cash collateral in the amount of USD$10million is delivered in favour of Ecobank. SacOil has now delivered the aforementioned cash collateral through a combination of debt and equity funding and accordingly the Bond was posted on 13 April 2012. SacOil has provided EER's 50 per cent share of the obligations under the Bond, secured against EER's interest in the Concession. EER is obliged to repay to SacOil its 50 per cent share of the Bond together with interest and costs associated with the cash collateral and the procurement of the Bond prior to the commencement of an agreed work program on the Concession. The successful posting of the performance bond allows the partners to proceed with the acquisition of up to 100 km2 Ocean Bottom Cable (OBC) 3D seismic survey. Results of this survey are expected to enable the optimum placement of an appraisal well following the Olobia-1 oil discovery which, if successful, will be placed on an extended well test subject to NNPC and Department of Petroleum Resources ("DPR") approvals. Production data obtained from the extended well test should enable a better estimate of recoverable resources and the optimal design of a full field development. This would not only provide SacOil with the ability to book proved reserves, it would also provide cash flow to SacOil and its partners. Results from the OBC survey are furthermore expected to provide information on additional prospective resources in the Concession which may enhance the value of the acreage and support continued exploration and appraisal activities. Appointment of joint broker The Company is also pleased to announce the appointment of GMP Securities Europe LLP as joint broker with immediate effect.

KeywordCompanyEPIC/TIDMSEDOL/ISINNews Price Announcements Fundamentals News Article RSS Cluff Gold PLC (CLF) Add to Alerts list Print Mail a friend Monday 16 April, 2012 Cluff Gold PLC Cluff Gold Annual Results FOR: CLUFF GOLD PLC AIM SYMBOL: CLF TSX SYMBOL: CFG April 16, 2012 Cluff Gold Annual Results Cluff Gold Announces 92% Increase in EBITDA LONDON, UNITED KINGDOM--(Marketwire - April 16, 2012) - Cluff Gold ("Cluff Gold" or the "Company"), (AIM:CLF)(TSX:CFG) the dual AIM/TSX-listed West African focused gold mining company, is pleased to announce its results for the year ended 31 December 2011 and progress since the year end. The Company made significant progress during the year, despite a challenging financial and political environment globally. It increased its cash position by 38% driven by a 92% improvement in EBITDA supported by strong gold production from the Kalsaka mine in Burkina Faso. HIGHLIGHTS -- Record Company EBITDA of US$43.5m, a 92% increase year on year (2010: US$22.6m) -- Closing consolidated cash balance of US$28.9m following significant operational performance at Kalsaka in 2011 -- Operational cash flow of US$41.1m, representing an increase of 75% over 2010 -- Average price of gold sold: US$1,581/oz (2010: US$1,228/oz) -- Well-contained cash cost: US$902/oz (2010: US$883/oz) http://www.investegate.co.uk/Article.aspx?id=20120416070016M3535

SSE Plc Director/PDMR Shareholding RNS Number : 1162B SSE PLC 11 April 2012  TRANSACTIONS BY DIRECTORS AND PDMRS DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(a) ISA REINVESTMENT The Company was notified on 11 April 2012 of a re-investment by the manager of an ISA (formerly PEP) held by Gregor Alexander pursuant to a regular standing order instruction. Gregor Alexander acquired 15 shares at a price of £13.16 per share on 10 April 2012. Following this transaction, Gregor Alexander has a beneficial interest in 93,957 shares. This information is provided by RNS The company news service from the London Stock Exchange