Anglo Pacific Share Discussion Threads

[rrr] 16/12/2013 09:22

But will it be maintained?

[gavapentin] 16/12/2013 09:14

QP - alas I agree!

Mighty frustrating.

Could do with some positive news/even spin dare I say it.

Yield getting more tempting though

[quepassa] 16/12/2013 08:35

Short-term graph and performance are dreadful.

Any early optimism in the price associated with the recent appointment of new CEO has quickly evaporated and gone rapidly into reverse.

I find that my former deep scepticism about this stock is resurfacing.

Not encouraging.

ALL IMO. DYOR.

QP

[christh] 12/12/2013 11:31

I bought 5000 shares just now and the went on the sell column in ADVFN trades.

Long term of course.
The yield is very good.

Currently over 10p a year on dividends.
I do expect pension funds to Buy.
We should see a big rise in January in APF.

[rcturner2] 12/12/2013 09:49

I bought back in at 188p today.

[wirralowl] 06/12/2013 10:38

Topped up this morning, at a price of just over 1.91p, offering a nice yield of circa 5.3%.

[quepassa] 29/11/2013 12:52

Broker Update today.

Liberum Capital:-


REITERATION. BUY.



and three weeks ago on 8th. November:

Finncap:-


RITERATE. BUY.

TARGET PRICE 279p


ALL IMO. DYOR.

QP

[haydock] 29/11/2013 11:31

Anglo Pacific drew up a presentation to detail the new corporate strategy for the company following the recent appointment of Julian Treger and Mark Potter, as chief executive officer and chief information officer respectively.



According to management, Anglo is positioned as the only mining royalty company listed on the LSE placing the company within a very favourable niche. In addition, management point out that, their 20 royalty agreements, of which 3 are currently producing, and diversified commodity exposure provide risk mitigation while also delivering impressive cash flow. During their fiscal 2012, Anglo logged and operating profit of 9.3 million pounds and have already achieved 4.8 million pounds of profit in the first half of their fiscal 2013.



With the new management team comes a new vision; Julian Treger and Mark Potter aim to forge Anglo into the premier base metals and bulk materials listed royalty company over the next 24 months by specializing in those fields while diversifying their royalty income. This should serve to fill a gap in a market which is dominated by companies specializing on a single commodity or asset class while bringing royally financing into the mainstream for base metal and bulk material companies.



Along with that growth, management plan to deliver a growing dividend which will allow shareholders to share in the wealth creation envisioned over the next 24 months by Treger and Potter.



Anglo's share price has been steady at C$3.86 this week on the TSX.

[togglebrush] 27/11/2013 15:21

Ex Divi today

[quepassa] 27/11/2013 15:18

Doesn't seem like the new Company Presentation helped market sentiment.

ALL IMO. DYOR.

QP

[haydock] 26/11/2013 18:09

Very much going on & very much in the public domain.
Ask Piedro, he knows all about the neighbours & their rocketing share price

I'm too senile to remember the name, but well done in finding the coal in for next to nowt still on the balance sheet.

Nobody else has found it for years.
Cheers Hay.

[noslien] 26/11/2013 16:48

No not winding Haydock up. I want to examine the potential upside of these projects I have now found that Trefi and Panorama are in the books for £2.2m. Since Cadero dropped out of buying Trefi I am totally unsighted about who is in the frame to develop the site now. Panorama had lots of big companies involved, but again all quiet since the fanfare many moons ago. So I guess I am sharing Haydocks view, its all a bit wishy washy. Don't even know how long the licences last - does anyone? Share the hopes of others that the new team might do something, but, there seems to be a lot of mining projects that just can't get off the launch pad these days. So having had a quick look, I think these are very much a long shot, and in this market APF may do well to get their money back, unless there is something going on that is not in the public domain.

[gavapentin] 26/11/2013 15:38

Are you deliberately lining Haydock up.....?

[noslien] 26/11/2013 14:13

Haydock - Can you identify the carrying value of the CDN coal in the Balance Sheet or notes? I am struggling to find a book value.

[haydock] 26/11/2013 10:49

Will they also sell the CDN coal ?

[piedro] 26/11/2013 10:43

Thank you Stevie - I was thinking that there was some oversight with the charts ...



... but now with your comment, I see that they wish to get out of precious metals as too competitive.

El Vallé also contains Cu, but there are plenty of other Au assets/royalties that could be sold ....
Alta Vista Ventures
International Gold Fields
Minera Gold
Royalco Resources
Yorbeau Resources
... to name a few, and for royalties
Duggan Gold
Engenho Mine
Midway
Dugbe 1 Gold

Deal sizes of $20m-$100m do suggest fundraising

[noslien] 26/11/2013 09:11

Well I read they hope to acquire Royalty assets at attractive prices (so will they get a good price for El Valley?). Where are these smaller royalty companies they hope to acquire - not sure about that. Let's see what happens. I hope they deliver.

[stevie blunder] 26/11/2013 08:46

Looking at the presentation I can see a fund raising coming. Maybe a convertible to limit the dilution? There is plenty of demand for convertibles out there.

Gold has no part in the target portfolio, (page 10) so the El Valle royalty is up for sale. Should get a good price.

[quepassa] 25/11/2013 11:52

Could be great.

But the jury is out.

The new presentation hardly sets one's pulse racing and is really rather pedestrian. It's just bog-standard. The only thing which creates some resonance is the Mission Statement.

It's hardly as if the new CEO is putting himself and his persona to the fore in this new Company presentation and taking an opportunity to stamp his own style onto the company.

Don't understand the investment into Flowstream ( an UNLISTED juvenile swiss/jersey oil royalty company). Don't like it that they didn't volunteer how much they paid for the Flowstream stake. Transparency will be essential going forward in my view for APF to win back investor confidence and trust, given their track-record of account restatements and surprise losses in the recent past.

I rang up Audley and they said Treger still works there.

I would prefer to know that the new APF CEO is 100% full-time and not holding down two or more day-jobs at the same time. But can anyone clarify what proportion of his day-job which Mr. Treger devotes to APF?

100% hopefully.

ALL IMO. DYOR.

QP

[haydock] 25/11/2013 10:19

Growing Other sector:

*Includes oil & gas and uranium

The answer to your question Q.P. ?
How do you like the new broom, can you see the dust of years blowing away ?

Cheers Hay

[gavapentin] 25/11/2013 10:05

Depends who he knows in that company I guess.....

Give hinm a ring and ask

[quepassa] 25/11/2013 10:00

The presentation is clear enough.

The strategy is stated.


So, a few days into the job, why did they go and make an equity investment in some unlisted Swiss/Jersey OIL royalty company? That would appear to be , in my view, at odds with the new strategy.

Also, how much money did they put into FlowStream to buy the equity stake?

ALL IMO. DYOR.

QP

[haydock] 25/11/2013 09:43

New broom to sweep clean, in 24 months a new shiney royalty co. in a unique base metal niche.
Presentation for the CDN mkt ?

Interestingly still no mention of the CDN. coal, but lots of cash needed for rebalance, will be sold off quick ?

Notice Zinc up in lights, deal with old mates at HER ?

HZM to take 7 years to mine & pay out.

Looks like plenty of energy going into the new company, blowing away the dust, taking on more staff ?
What about the 1/2 of the Australian tea lady, will she be upgraded ?



Pipeline
20 potential royalty deals in the pipeline since new management joined and growing
 4 copper royalties, 5 iron ore royalties, 1 coal royalty, 1 zinc royalty and 9 royalties in
other commodities (e.g. oil and gas, other non-exchange traded commodities)
 6 royalties on projects in production and 14 on projects near to production (within 24
months)
 Royalty deals in established mining jurisdictions: 9 on projects in North America, 5 in
South America, 1 in Australia, 3 in Europe, 1 in Asia and 1 in Africa
 7 secondary (existing royalties) and 13 primary (new royalties)
Note: This

[dgellissnr] 25/11/2013 09:19

its up and running

[haydock] 25/11/2013 09:18

Presentations, never heard of such a thing.
Company going to the dogs, where will we do all the research, there will be nothing left for us to find !

Joe public will know all about APF & be buying the shares next.
BA HUMBUG.