Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So presumed divi in the pocket and have gone ahead and added. Things feel good here. It seems secure now. Funny trying to remember when I jumped ship, was it 80p old money, was tough to watch lths get smashed. Criminal.
Truly hoping I am investing in something with long term promise now. Let us see.
Opulentia, I agree, oik investment was appalling. As long as no one in invades Kurdistan should do ok.
Was in years ago. Made well, got out. Happy to be back.
Pity to see Gkp dragged down with divi record date approaching
Smashing
Is this Friday right?
As the day approaches, to reinvest, or not to, that is the question
Consider this: to legitimately be paying 10 percent divi, as advertised on Google finance, we should be, at the least, trading at 3x today's market cap.
At 150 million share divi, it should be touching 1.5 billion market cap.
That's as simple as Maths gets.
Initial thoughts are to re invest now, till share price hits 5 pound, or a billion. Then start taking the divi as profits, til 2038.
That's a massive difference. Brings us to 2033, then 5 year to 2038 before any problems. At 30 percent dividend a year, we are, literally, sorted.
Theory man, are you sure? I thought it was from discovery.
Incredible to get around those numbers... 60p would be 30 percent dividend, unprecedented. And they are clearly masking this payout from the broader market with these 'special' dividends.
It's like a fish hiding from giant sharks.
If they actually posted 30 percent dividends, can you imagine ha ha
Extraordinary. Wish I had more is all I can say.
Now whether to re invest or follow wolf of Wall Street and take the divi till the original investment is covered.
Opulentia, the market is pure illusion. I try stick to long term Buffet idea: buy what has true value. Made many big mistakes, have lost truck loads, but back in here with a vengeance, everything here has always made sense, just PI's needed to be wiped to let the whales in. Hopefully now thet let us feed off their scraps, which will make us small fry do alright.
Yep, 2 five year extensions. Thanks for that info, so considering find was '09, taking 5 year 1st extension as foregone conclusion, we have until 2034... so 12 years safely left?
Wonder how things will get about 2028/9 with that first extension
Do GKP pay for these 'extensions'?
2043 is some serious years of cash
Is there a guarantee they can take the 2 5 year extensions?
If GKP only have 20 years, do we just have a few years left here? Can anyone clear this up?
It seems unbelievable to think that we are falling with oil at near 90 dollars
I really thought this would be rerated to at least a billion dollar share.
Guess it is a patient game needed
You would get 10 percent in dividend in February you idiot.
Nevermind how much beyond.
And your tax on your profit reduces your take hone to what exactly? For the risk you took.
Your out with 36 percent profit? Are you 12?
That's one of the most ridiculous posts I've seen in years.
PutUp are you suggesting 200 million in dividend is possible?
That's a mind boggling proposition if so!
I mean 10 percent in February, have I truly landed on the gravy train?!