Anglo Pacific Share Discussion Threads

[erogenous jones] 03/6/2020 07:41

As the RNS makes clear, this concludes the disposals. It also observes that purchases were not a consequence of options

[the deacon] 03/6/2020 07:25

Well that's done and dusted now then. Never great to see directors selling but this was a divorce settlement. Onwards..

[erogenous jones] 27/5/2020 08:48

Another to add to my filter list.

[farrugia] 27/5/2020 06:47

jeez go get married so you end up SCREWED big time. I can see no real advantage in marriage!

[oli12] 23/5/2020 06:17

Maybe he did not want to sell his houses or his art, two very nice abodes hxxps://www.oceanhomemag.com/uncategorized/futuristic-beach-house-design-5/ hxxps://www.archiscene.net/interior-design/eclectic-19th-century-london-home/

[laurence llewelyn binliner] 22/5/2020 20:01

A PLC director selling down shares in his own company typically sends a very negative message to the market, I'm not at all surprised to see the disclosure accompanied by a perfectly valid reason...Looking forward to the next royalty declaration too... :o)...

[altras] 22/5/2020 18:15

@Erogenous Jones - Guess he needs the money to pay off the X. I honestly don't recall ever seeing this in an RNS before!

[oli12] 22/5/2020 12:55

Lucky the divorce was not finalized in March - the price is up around 60% from the lows. Timing significant - this puts a cap on the recent rise.

[erogenous jones] 22/5/2020 12:18

Well, I guess that divorce is a pretty valid reason to sell shares.

[melody9999] 21/5/2020 18:26

Thanks Oli - I suspect that is the case too.

[oli12] 21/5/2020 16:00

APF’s primary revenue source is the royalties from kestrel mine, mine producing well but coking coal prices are under significant pressure. That’s my guess.

[melody9999] 21/5/2020 14:24

any reason for the fall does anyone know?

[erogenous jones] 19/5/2020 13:54

2 chunky transactions which might be related were rather late in publishing. Anyway, took the opportunity of buying a few more yesterday for capital growth

[santos123] 19/5/2020 10:41

Thanks for the link Binliner. Very interesting. Santos123.

[laurence llewelyn binliner] 27/4/2020 13:40

I am pretty sure Julian said there were a couple of deals in the making during Q1, and only 1 announced so far.., a Q1 update today on Proactive Investor.. hTTps://www.youtube.com/watch?v=dVr_8upjB4s 46,000 shares matched in the last auction at 160p..

[the deacon] 27/4/2020 12:29

Indeed. Nolan Watson also cited passive funds as one major reason companies may struggle to raise cash. A lot of investment money now gets exposure via ETF's etc, when in years past they'd be picking up equity in mining companies. It leaves royalty companies as the go-to for financing, with equity raising increasingly more difficult

[haywards26] 27/4/2020 12:01

The Deacon, I expect those companies seeking cash to only increase over the coming weeks/months...It will be an investors market with reducing capital market appetite as the full economic impacts of COVID-19 become more and more apparent..

[the deacon] 27/4/2020 10:00

I think there's a big deal in the pipeline. Precious metal royalty companies increasingly looking at base metal miners for gold/silver credit royalties. Again, Nolan Watson in another interview mentioned that this is where precious metal royalty companies are seeing the best opportunities. Add that to what Julian Treger said about working with other companies on royalties that they wouldn't be able to do individually and it's reasonable to expect some large scale deals. Watson said he'd had a few base metal companies contact him looking for cash.

[haywards26] 27/4/2020 09:44

Good trading update and increased divi..not many companies increasing divi payouts in current climate. We should also be approaching very favourable times for APF..restrained capital markets should equate to attractive investment opportunities.

[podgyted] 20/4/2020 21:26

Demand and supply fundamentals might not be as bad as some brokers make out:- hTTps://www.drybulkmagazine.com/ports-terminals/20042020/eastgate-chinese-steel-stockpiles-retreating-a-positive-indicator-for-iron-ore-demand/ hTTps://www.spglobal.com/platts/en/market-insights/latest-news/metals/042020-vale-cuts-2020-outlook-for-iron-ore-fines-pellets-after-q1-guidance-miss

[quepassa] 20/4/2020 18:54

0300hrs. three AM three tonight three in the morning. most people would comprehend that - but then again we all know just how thick you are - almost as dense as your appalling grammar and syntax after 100% blowing your cover - your employer will not be that impressed. oh dear. 3.

[pockstones] 20/4/2020 18:39

Hmm 3pm tonight you write in riddles stick to rants

[quepassa] 20/4/2020 18:09

Ok. Will do. I hope to post around 3pm tonight. You might want to make sure you are up so you can see what I write.