focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
"Thor Mining Plc (THR.L) Announced, in its quarterly report for the period covering July to September 2017, that Thor's Pilot Mountain Project, acquired in 2014 is comprised of four tungsten deposits: Desert Scheelite, Gunmetal, Garnet and Good Hope. In December 2014, Thor outlined a proposed exploration and development plan with the objective of upgrading the knowledge and status of the mineralisation of these deposits where historical drilling outlined potentially economic mineralisation. At Good Hope, a 28-metre-wide zone of copper zinc and tungsten mineralisation has been confirmed beneath shallow alluvial cover. A drill program was completed successfully during the quarter with assays results announced on 6th October 2017. Better than expected assay results for drill hole 17GHRC-02 mean a potential 70 metre strike extension of the Good Hope lode to the west. At Desert Scheelite drill hole 17DSDD-02 intersected two mineralised zones; the upper intersection represents a new second lode previously identified by geophysical targeting prior to drilling. In July 2017, the Company completed a share placement to sophisticated investors to raise �460,000 before expenses, following approval at a general meeting of shareholders. In October 2017, the Company announced a share placement to sophisticated investors to raise �565,000 before expenses, including just over �329,000 subject to approval at a general meeting of shareholders, to be scheduled during the December quarter. The Company has chosen to focus the thrust of its activities and expenditure on work in relation to commercialisation of its principal assets at Pilot Mountain, Molyhil and Kapunda"
Thanks MY21. I've been invested here for a while now, and keep hoping for a clear strategy from the BOD. Good to have your clarity and balanced view, as ever. Tim
Lenigas, previously major shareholder with REM, has no Directorship with Cadence, and Morzania the only other Director of REM, is the CEO of Cadence. This is the only relationship that I have discovered so far. I'd be interested to understand what happened here.
It is now known as Cadence (KDNC). Just come to look at this REM site, as wanted some history and background.
https://uk.finance.yahoo.com/news/why-m-bullish-downgraded-unilever-084041390.html
This link may help. http://www.investopedia.com/terms/e/emtn.asp
This link may help. http://www.investopedia.com/terms/e/emtn.asp
Wed, 25th May 2016 11:30 RNS Number : 2644Z Legal & General Group Plc 25 May 2016 Legal & General completes the sale of Suffolk Life to Curtis Banks As previously notified on the 15 January 2016, Legal & General Group plc ("Legal & General") has today announced the completion of the sale of Suffolk Life to Curtis Banks Group plc for £45 million. Suffolk Life specialises in self-invested personal pensions ("SIPPs"), and administers around 26,500 plans, including 3,600 commercial properties. Assets under administration were £8.6 billion as at 31 December 2015. The business was established in 1971 and is based in Ipswich. Legal & General continues to dispose of non-core businesses, and focus on core activities where we believe we can achieve significant scale and deliver attractive returns on capital. ends
"While a high yield can help to boost the income return from a portfolio, the rate of dividend growth can also be of equal importance. That’s simply because, over time, a mediocre dividend can become a hugely appealing one if the company in question is able to rapidly increase the amount it pays out to its investors. And with dividend growth also having the potential to act as a positive catalyst on investor sentiment through showing the company is confident regarding its long-term outlook, it can lead to higher capital gains too. One company in the process of rapidly increasing dividends per share is Morrisons (LSE: MRW). Although it has slashed dividends in recent years as a result of intense competition within the supermarket industry, it’s set to record rapid increases in shareholder payouts as its prospects improve. Evidence of the company’s improving performance is clear in today’s results, with Morrisons having achieved its initial aims of stabilising like-for-like (LFL) sales and reducing costs in 2015. And with the company posting positive LFL sales in the final quarter of the year despite food price deflation of over 3%, its strategy of improving customer satisfaction and focusing on its core activities seems to be yielding impressive results. Furthermore, with Morrisons generating free cash flow of £1.6bn over the last two years, it is ahead of expectations on this front and this bodes well for future dividend growth. On this topic, dividends are forecast to rise by 15.5% over the next two years as Morrisons is expected to post an increase in earnings of 32%. This may put it on a forward yield of just 3%, which is a quarter lower than the FTSE 100’s yield. But with dividends due to be well-covered by profit, there’s tremendous scope for further rises. And with Morrisons likely to further benefit from a new strategy and an improving UK economy, prospects for income-seekers seem to be bright......."
Financial summary Like-for-like sales (LFL) ex-fuel/ex-VAT down 2.0% LFL improved in H2, with Q4 LFL up 0.1% despite deflation of over 3% Total turnover down 4.1% to £16.1bn (2014/15: £16.8bn) Underlying profit before tax (UPBT) pre-closure and restructuring costs of £302m (2014/15: £413m), at the mid-point of the £295m-£310m guided range UPBT (1) of £242m (2014/15: £345m Underlying earnings per share(1) (EPS) of 7.8p (2014/15: 10.9p) · Profit before tax (PBT) of £217m (2014/15: loss of £792m) Free cash flow pre-dividend of £854m (2014/15: £785m) Generated £257m of cash, post-dividend and pre-property disposals Operating working capital improvement of £348m Property disposal proceeds of £300m, profit of £131m achieved Net debt reduced by £594m, to £1,746m $250m debt redeemed after year-end from cash on the balance sheet Final dividend of 3.50p, full year total dividend 5.00p (2014/15: 13.65p
WM Morrison Supermarkets PLC logoNomura reiterated their buy rating on shares of WM Morrison Supermarkets PLC (LON:MRW) in a research note issued to investors on Tuesday morning, Market Beat Ratings reports. Nomura currently has a GBX 260 ($3.75) target price on the grocer’s stock. Link.... http://www.financial-market-news.com/wm-morrison-supermarkets-plc-mrw-receives-buy-rating-from-nomura/844632/
Verizon caps transformational year with strong, balanced 4Q results NEW YORK, Jan. 21, 2016 -- 4Q 2015 highlights Consolidated $1.32 in earnings per share (EPS), compared with a loss of 54 cents per share in 4Q 2014, including impacts in both quarters related to the annual actuarial valuation of benefit plans and mark-to-market pension adjustments. 89 cents in adjusted EPS (non-GAAP), a 25.4 percent increase compared with adjusted EPS of 71 cents in 4Q 2014. Wireless 1.5 million net retail postpaid connections added in the quarter; 112.1 million total retail connections; 106.5 million total retail postpaid connections. 0.96 percent retail postpaid churn, demonstrating continued high customer loyalty. Wireline 6.8 percent Fios revenue growth; 99,000 Fios internet and 20,000 Fios video net additions.
FOURTH Interim Dividend For The Year Ended 31 August 2015 Schroder Oriental Income Fund Limited (the "Company") announces that the Directors of the Company have declared the payment of a fourth interim dividend of 3.40 pence per share for the year ended 31 August 2015 on the ordinary shares of the Company. The total dividends for the year will be 8.00 pence per share, representing an increase of 4.6% on the total dividends of 7.65 pence per share paid last year. Ex-Dividend Date: 19 November 2015 Record Date: 20 November 2015 Payment Date: 30 November 2015 Dividend per Share: 3.40 pence
Thanks larryh. I'll have a look at those. Tim
Godd summary MY21. But where for the small investor from here? Is it wise to get out now?
Wouldn't that be something....