Anglo Pacific Share Discussion Threads

[neilyb675] 16/8/2018 12:22

lololoooolololol

[lord gnome] 16/8/2018 10:00

Apart from that, spot on deadly. :-)

[rrr] 16/8/2018 08:43

This is an iron ore mine not a coal mine.

[deadly] 16/8/2018 08:31

CEO was on CNBC TV this morning explaining deal. Labrador coal is seen to be high quality resource with low environmental impact and thus somewhat future-proof.

[lord gnome] 16/8/2018 07:53

On first reading, today's announcement looks to be a good acquisition adding a bit more diversity to the income. Hopefully this will help to put an end to the share price slide.

[cyfran101] 08/8/2018 23:26

I'd like to see coal at a much lower percentage of total royalties. Not so keen on uranium either so would like to see both under circa 20%. The flipside is that both are enjoying high prices presently.The question is can they use this temporary (imo) period of high prices to diversify into the minerals of the future before Kestrel switches out of their royalty areas. Tough ask but they are making progress.

[neilyb675] 08/8/2018 19:35

Behave old girl

[quepassa] 08/8/2018 08:05

Today's FT, Page 23, good article talking about why so many EM fund managers are shunning/dumping oil and gas energy stocks despite rising crude prices:


See full article but a thought provoking sentence:

"A bigger factor could be the seemingly unstoppable rise of mantras such as "ESG", which involves taking environmental, social and corporate governance issues into account in an investment decision, alongside more traditional metrics"


ESG.

Seeing such generalised professional investor concern and withdrawal from investment in polluting industries cannot be supportive for related equity prices.

ALL IMO. DYOR.
QP

[otemple3] 01/8/2018 16:40

I like it but it divides opinion! Got lucky as sold mine at c160p as needed funds for a rights issue but not bought back in yet. Am hoping it will drop below 130p at which point I will start buying. Think the potential acceleration at Kestral is not being factored into the share price although that will also add risk as it increases the need to invest / diversify.

[chasbas] 01/8/2018 16:18

The 2017 Annual Report gave an illustrative diversification showing Coking Coal (Kestrel?) as 39.2% of royalties. Thermal Coal (Narrabri?) as 16.7% of royalties.
Whilst Kestrel is undoubtedly very important over the next few (seven?) years maybe we should give the management some credit for beginning to diversify?? Energy storage commodities (Nickel and Cobalt) are 20% of royalties.

SP looks cheap so I would appreciate any help deciding whether APF is high or low quality. CEO bought 25,000 at 149p in March. Stockopedia give it a StockRank of 69. So not a basket case in Stockopedia's view.

[quepassa] 26/7/2018 10:27

A poor market reaction to APF's trading update. Not surprising

The leg fell off Narrabri this quarter.

That's the problem with being a one-trick pony

[petewy] 26/7/2018 09:55

I am taking you both to matron.

[neilyb675] 26/7/2018 08:21

Behave.

What time is your knitting class ?

[quepassa] 26/7/2018 08:14

A one-trick pony ??


Sod's Law prevails when you put too many eggs in one basket.


ALL IMO. DYOR.
QP