Member Info for zebbo

Top properties with good leases / tenants. Slower progress due to hols season expect raise to be confirmed/completed ~ Sept

Took 10k shares, looks an interesting play if they can close the NAV gap, something PSH have never managed to do ;-) Looks like OCN have a better chance based on the asset mix

May be best winding this up at NAV. Seems to be a fee paying vehicle for manager fees. Plus the rate of NAV erosion is an issue IMO and no amount of divis / buybacks will resolve this rate of decline

Will be voting for wind up next time around, although a small fish with 50k shares.................... enough is enough

Is where we will be if we get the expected market correction. IMO I expect we will get there alot sooner than £3 pundits

Due to missed targets. Any wider market sell off could take us down to the £2.50 level and a buy the dip opportunity

Hmmm not sure about a bid as we will be wind down mode in a year or so as leases come to there end. Further redemptions will be on the cards

Peeps trying to put a positive spin on the numbers. Dont look that good to me

Folks waking up to the value on offer , currently 40% discount to nav with the SP at 67p and the massive and reliable yield @ 12.5%

We should move to the 80s min

N50, thats a lifetime away...

Back to UKW, wind up at NAV would suit me

Thats the CAM impact :-) .......Opportunity taken, thx

See you at 20p

And divi cover considering low wind for the period. Divestment a plus to

Looks like the breakout failed, I expect we need to test the recent lows first

Project Drilling Start Est Drilling Duration Drilling Complete Results Primary Targets

Verkhuba Q2 2025 (ongoing) 6–8 weeks ~Late July 2025 Aug–Sep 2025 Aug/Sept Cu, Zinc (Zn), Lead (Pb) – VMS

Talovskoye Late May–Early Jun 6–8 weeks ~Late July 2025 Sep–Oct 2025 Sept/Oct Cu, Pb, Zn, Ag, Au – High-grade VMS target

Rulikha June–July 6–8 weeks ~ August 2025 Sep–Oct 2025 Sept/Oct Cu, Zn, Au, Ag

Snowy Not yet started (Q4?) TBC – ~4–6 weeks (first-pass) Poss Dec 2025 Early 2026 Au–Ag & Cu–Mo porphyry anomalies

I expect we will get an RNS release covering this, in the next day or so

Im sure Alex and team are best positioned to make the right choices. We all have a view on what they should be doing however we are not on the ground with the team having to make choices based on capex available. I have mentioned this before, it comes down to trust. I am confident that they will take best route to realise value and if that means there are U turns and plan changes, so be it.

Dartron, you may be missing some elements like call writing and gearing as income

Bottom line is not to overthink it. Most trusts run at +/- 1x cover, using reserves to flex payouts, thats the nature of the beast. If the market goes tits up we will feel the pain, along with everyone else invested in the market.

You could save your sanity buy CTY and get 4%

The sooner the better, may get a progress update with Aug results

AT need to raise their profile. Capital markets day would be good, as we are under the radar IMO and very much undervalued at present. PE may start sniffing around if not already

Source ? I have not seen a news release

Expected folling results. Operating profit weak.