Anglo Pacific Share Discussion Threads

[farmers son] 25/9/2020 07:57

5m is pretty small and not likely to impact the publicly traded share price significantly, but being used to alert the wider world that there’s value at this level. Let’s see

[damp seaweed] 25/9/2020 07:45

I’m not a fan of share buy backs. To me it indicates that the company is short of investment ideas and believes it is more profitable to buy its own shares.
If they keep the shares on the register, then it affords the directors the opportunity to award themselves bonuses with out a shareholder vote.
So not great .........IMHO

[oli12] 25/9/2020 07:29

Buy them at £1.10 level - re sell them at £2.10 in a year.

[laurence llewelyn binliner] 25/9/2020 07:27

Shares to be held in treasury, and not cancelled, so it will not impact the share capital or yield...?

GBP5M to be bought over 2 months max

[oli12] 25/9/2020 07:19

On the positive it’s rather swift: £5m worth of shares to be purchased within 1 month from today. Should move up for now.

[wallywoo] 25/9/2020 07:16

What do you do when your share is seriously out of favour. Yield is 7 percent +, prospects good, share price too low. Royalty not really understood in UK market imo

IMO a buyback seems a sensible plan. The directors have purchased plenty, it's a good step. share price should be at least 20 percent higher IMO.

[oli12] 25/9/2020 07:03

RNS: The old share buy back..... ummm. Personally never been a fan however I have not digested the details here yet.

[oli12] 24/9/2020 13:52

A very quiet year for APF - nearly Q4 - any deals?

[fizzypop] 24/9/2020 09:48

RNS Dividend Timetable

[laurence llewelyn binliner] 22/9/2020 16:48

11.08.2020 update at BKY, the Group has a 1% life of mine NSR royalty on the Salamanca uranium project located in Spain, as the Company awaits the finalisation of the permitting process, it remains fully financed and ready to commence construction upon the granting of remaining permit. The Authorisation for Construction for the uranium concentrate plant as a radioactive facility ("NSC II") is now the only pending approval required to commence full construction of the Salamanca mine..

Making solid progress towards another APF royalty income stream there too..

Berkeley Energia Limited ("Berkley" or the "Company") is pleased to announce that the Urbanism License ("UL") has been granted by the Municipality of Retortillo under the terms established in the Urbanism Law and Urban Planning Regulations of Castilla y León. The UL is a land use permit needed for construction works at the Salamanca mine.

The grant of the UL is a significant permitting milestone for Berkeley and a positive step in the development of the project. The Authorisation for Construction for the uranium concentrate plant as a radioactive facility ("NSC II") is now the only pending approval required to commence full construction of the Salamanca mine..

[laurence llewelyn binliner] 22/9/2020 08:59

Update on the Dugbe royalty with HUM, now Pasofino (VEIN) have taken over ARX to move the project to DFS by September 2021.., another revenue stream coming our way as Kestrel phases out..

The Project is subject to a secured 2% net smelter royalty payable to an affiliate of Anglo Pacific Group PLC ("APG"). This royalty provides that following the date that is six months from the commencement of commercial production in the event that quarterly sales of gold produced are less than 50,000 oz, additional quarterly payments will be required until such time as the cumulative royalty paid is US$15 million (the maximum total payment in any such quarter is equivalent to the royalty that would have arisen on sales of 50,000 oz of gold). Following this period, the royalty is 2% except where both the average gold price is above US$1,800 and sales of gold are less than 50,000 oz, in which case it increases to 2.5% in respect of that quarter. US$15 million is repayable to APG in certain limited circumstances, such as a change in control of Hummingbird Liberia and the concurrent termination of the royalty by APG. Certain events of default under the royalty, (e.g. non-payment of the royalty), are secured by legal charges over the assets of Hummingbird Liberia and a legal charge over the shares of Hummingbird Liberia, including the shares issuable to ARX under the Option Agreement..

[andyforster1] 21/9/2020 07:55

Glencore ships hard coking coal from its 4mn t/yr Hail Creek joint venture in Queensland and semi-soft coking coal from its other operations. The mid-volatile coking coal price rallied to $107.50/t fob Australia on 18 September from a low of $87.65/t on 11 September, while the premium hard low-volatile coking coal price increased to $124.55/t fob Australia from $114.45/t over the same period, according to Argus assessments.

[fizzypop] 15/9/2020 16:17

My Buy going through as a sell on LSE

[fizzypop] 14/9/2020 11:56

And we start the move up ...

[farmers son] 11/9/2020 16:26

maverick, has your IT Consultant friend on Sponge - who now seems to hang out in Mediterranean wine bars - got a good track record?

[quepassa] 11/9/2020 15:56

surprised that your employer and their client haven't sacked you by now after 100% blowing your and their cover.

Oh dear.

been so quiet without you but now, rest assured, you will spread lots of bad karma and bad vibes which will have exactly the opposite effect of what you, your employer and their client want.

Oh dear.

[pockstones] 11/9/2020 15:40

Well done Que

[quepassa] 03/9/2020 18:13

surprised that your employer and their client haven't sacked you by now after 100% blowing your and their cover.

Oh dear.

been so quiet without you but now, rest assured, you will spread lots of bad karma and bad vibes which will have exactly the opposite effect of what you, your employer and their client want.

Oh dear.

[pockstones] 03/9/2020 17:27

Welcome back Que last time you were Here Apf was on its way to 160 and a juicy dividend so it is good to have you back I am much cheered

[farmers son] 03/9/2020 16:38

Suggests a reasonable entry point for Whitehaven if you're in the market for a cyclical mining operator.

Anglo looking for a (double) bottom at £1. Would be nice to see some stability at £1 to £1.20

[quepassa] 03/9/2020 08:20

Horror story.

Whitehaven Coal share price:-


A fortnight ago on 20th. August A$1.28

Today A$0.86


Beginning of 2020 A$2.57.


DOWN 75% YTD


ALL IMO. DYOR.
QP