Anglo Pacific Share Discussion Threads

[haydock] 14/6/2011 17:16

Load of rubbish M. Fool: as stated nowt for Canada, never is anyway in any write up, thats been the case for years !!

About the odd £100m.

Then the cashflow due from the sales of well over £30m ?
Then finally this load of gough:
assets @ £ 336m
When the last qtr :

Total assets of GBP426.3 million at March 31, 2011 compared to GBP415.6 million at December 31, 2010.
CDN on the balence sheet @ £2m
DYOR !!!!!

[haydock] 14/6/2011 17:06

The CDN -Canadian Coal (Haydock for you)trying to move forward and they are working on it and will be announced at some time.
5502; Cheers christh.

[haydock] 14/6/2011 17:04

Ignoes as ever the cdn. COAL. !!!!
Noted the other day its on the front burner, {whilst i was away.}

[christh] 14/6/2011 16:12

3 Asset Plays For The Long Haul

1. Lower-risk way into commodities
The first of my trio is Anglo Pacific (LSE: APF), a FTSE 250 mining royalty specialist.

Anglo doesn't do any digging itself -- instead the firm invests in various mining projects in return for a small percentage of revenues from whatever is later extracted and sold. Two-thirds of Anglo's royalties come from a single Australian coal mine, with the balance delivered by iron, gold and uranium mines in Brazil, Canada and Spain.

At the last count, Anglo's balance sheet contained assets with a book value of £351m or 322p per share -- a fraction ahead of the recent £336m market cap at 309p.

The major entry in the books is the £197m accorded to the discounted future cash flows of that Aussie coal mine. Other royalty assets have a £70m value, while an equity mining portfolio has a £123m value and cash in the bank stands at £22m.

Anglo's track record certainly encourages me about any potential investment, as the firm's balance sheet has grown ten-fold since 2002 on the back of the commodity boom.
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Though the article is good is very short and does not reflect the true value of APF.
i.e. The NAV is not mentioned,the other commodities investments, share holdings, the commitment of the board (look at directors dealings)
no DEBT and mainly the divi payment to the shareholders.
APF should be considered one of the top investments in the world.
I expect the share price to be doubled in a couple of years and also the yield to at least double.

[amitkoth] 13/6/2011 14:05

Sorry for the lack of interaction here. You might remember this document I started about all their royalties and how much projected revenue will be earned, based on assumptions. I hope get onto that in the next few weeks:

https://spreadsheets.google.com/spreadsheet/ccc?key=0AjFsQ8d1GocEdGZKb3VSU2VOdUZXUDdPRFZxaDRjWUE&hl=en_US&authkey=CIqk_s4G

Meanwhile, any of you can also help to fill it in, benefits us all.

[ned] 12/6/2011 11:10

An interesting post from chipperfrd on the chip thread regarding small pm miners. APF is compared to producing miners and, even though the link is slightly tenuous,fares well.

My conclusion from his post is that small miners is a very dodgy place to be unless you know what you are doing, which most clearly don't, including me.

It also makes me wonder about pm miners being a leveraged play on the underlying pm's.

ned

[haywards26] 09/6/2011 22:05

Thanks for the update christh,

All sounds positive, hopefully some good solid newsflow to come over the next 2-3 months, that should help drive the share price upwards.

[christh] 09/6/2011 21:15

I had a chat with the FD (a very busy man).
The sale of Mantra went through and the money was deposited in the bank 2 days ago.
Goldminco sale will go ahead and the money will be deposited in July.
The total received and the profit from these will be known in the trading
statetment middle of August.
The CDN -Canadian Coal (Haydock for you)trying to move forward and they are working on it and will be announced at some time.
The Railway Project (Australia-BHP Billiton)is one of the best royalties and in 4-5 years will be paying up substantially.
More investment in royalties on the way but there is no rush as they have to
be sceened prior to meet the criteria of the board.
The reason why the FTSE 250 fund managers have not invested yet in the company
is because they only invest in the first 80 companies in the index.
That is why they got the PR man to get it moved higher so expect the price to shift.


Next trading statement is middle of August and the one after that middle of November.

[scottishfield] 09/6/2011 18:06

added today @ £3.11

[mozy123] 09/6/2011 17:17

I will continue to add this stock over the summer, has been nice to get some for around 300p at a huge discount to NAV.

Anyone done any working how much the El valle royality is likly to add to profits?

[hectorp] 09/6/2011 16:34

Yes Mozy, and strong finish today.

[mozy123] 09/6/2011 15:40

Very Strong base now at 300p!

[haydock] 08/6/2011 12:33

Should be prone to raining cash: but then thats not what the mkt expects, commodity play only.

[hectorp] 08/6/2011 11:37

tough talk by Bernanke hits metals .
This share seems prone to exposure to China and metals...

[ntv] 07/6/2011 16:14

paf looking good now
strong cashflow to fund next stages

[edmondj] 07/6/2011 14:06

Investors and analysts prefer speaking to the organ grinder rather than the monkey though.

[christh] 07/6/2011 13:56

Haydock,
Maybe they need him as they are not a tiddler anymore but a FTSE 250 company.
Besides the FD has no time to reply to investors and analysts.
So we are likely to see more announcenments if they have someone to edit and
submit the announcenments to LSE.

[haydock] 07/6/2011 13:45

Wow: a change of style, a new financial openness ?

[ned] 07/6/2011 13:29

I pinched this from Piedro.

Anglo Pacific Group appoints Pelham Bell Pottinger as first financial comms agency
Alec Mattinson, prweek.com, 07 June 2011, 9:17am
...It is thought that the firm's decision to appoint a financial PR agency reflected a need to beef up its financial comms and investor relations offering due to its growth and recent changes at board level. ....

[haydock] 07/6/2011 09:31

Mouthwatering :

[atflores] 07/6/2011 09:26

At the personal level, owning some reserves of gold and coal seems a wise thing in the face of a troubled economy and of the deep silliness with regard to energy-generation in the political classes thanks to their being infected with the AGW virus.
AGW = Al Gore's Warming.

[haydock] 07/6/2011 08:49

Not now as it would have been a while ago, company transforming, but still not far away.
A very significant event, in the growth of APF.
I wonder if they will comment on it at this stage, expect little notice on the mkt. Long term it will be very, very significant.

Another big nudge towrds the £1b company.

[slim 333] 07/6/2011 00:51

The Mantra cash is worth £53 million, or 49 pence per share by my calculation.
That's a very significant windfall that must eventually give the share price a considerable boost.