Sierra Rutile Share Discussion Threads

[bossman1978] 19/3/2015 10:32

How do you think they will reward long term shareholders? Dividend maybe?

[snowyflake] 18/3/2015 16:38

There is life in this stock. It should be that when the company reports it rewards long suffering shareholders and not just the board.

[bossman1978] 13/3/2015 00:51

Yes the aim market is a total disgrace and bent at the moment. It really needs regulations put in place to make the aim market more credible. Will it ever happen? Too much money being made by the shorters and the corrupt directors. Look at what has happened at Lond, BHR and now bao! Shocking management robbing shareholders hard earned cash to pay them large salaries.

[snowyflake] 12/3/2015 10:33

I do not think that that is on the cards but if you look at the end of the Indaba presentation Sisay mentions sustained dividends.

He also told me at last year's agm that the he (he did not mention the word board but it could have been at board level) was/were considering a move to the main market - that would remove the company from the discredited AIM market. That makes eminent sense for whatever the problems in Sierra Leone through Ebola SRX is a sound company that deserves more since the company has been "modernised" than being on a mickey mouse and sometimes bent market with little regulation.

[bossman1978] 12/3/2015 09:42

I agree. There was talk of a special dividend for shareholders. That would be a good start

[snowyflake] 11/3/2015 19:13

Bossman - they will imo have suffered a bit by shippers demanding extra fees for shipping because of ebola and the Indaba brochure was silent about the agricultural side of the business but otherwise sales have held up as have costs been held down.

It is time however for the board to reward shareholders rather than just themselves with options whereby even if they do not reach the strike price they can still sell to look after the directors' own pockets.

Time for our turn.

[bossman1978] 11/3/2015 15:55

Cheers for that. Hopefully good news

[snowyflake] 11/3/2015 14:41

Bossman - results at end of the month.

[bossman1978] 10/3/2015 12:26

We could do with an update on the operations.

[corbine] 23/1/2015 12:52

also brit firm has started sending first batch of vaccines to sleone, and the death rate from british figures has dropped from circa 70% to circa 35% which is also good news for the country as a whole.
on bbc news tday.

[pongo88] 23/1/2015 12:06

For you guys looking for an update you can find "Sierra Rutile Provides Q4 2014 Operational Update and 2015 Guidance" posted around 13th Jan on their website. Not 2015 I know but this has not been mentioned here.

[bossman1978] 19/1/2015 04:39

Many thanks

[obbig60] 17/1/2015 16:36

The Financial Report was put out at the end of March last year. The Q1 2015 Operational Update and forward guidance is due around the second week of April if it follows what they did last year.

[bossman1978] 17/1/2015 16:02

When do we expect the next company update?

[bossman1978] 02/12/2014 20:43

Large fall in the last few days?

[russman] 22/10/2014 18:31

Nice article in FT about Sierra Rutile dealing with Ebola. Came across as being pragmatic (and humane).

[donk4] 09/10/2014 10:49

and the trading update is not bad.

[m w] 08/10/2014 22:06

We are now trading
below net asset value

[bossman1978] 04/10/2014 16:45

Ebola are you talking about? Growing problem?

[fillipe] 02/10/2014 15:43

The news coming out of SL in unimaginably bad....also puts a blight on most African stocks but SRX's home country, SL, is stuck in the centre of this growing problem.

No chance at all of any uptick here in the foreseeable future, I regret to say,imo.

f

[bossman1978] 29/9/2014 14:01

London mining having no luck at all at the moment. But I can't believe we have fallen out of favour with the market so much when Pala are the biggest holder?

[m w] 29/9/2014 11:44

It's the LOND effect, bad rns this morning

[bossman1978] 29/9/2014 11:29

Ebola I mean

[bossman1978] 29/9/2014 11:29

It can't just be the Elboa.