Anglo Pacific Share Discussion Threads

[pockstones] 12/2/2021 20:01

RBC see APF transitioning into a battery focused royalty company see the stock trading at point six of their 238p nav
QUE your insight duly noted am impressed

[the deacon] 11/2/2021 15:54

JT taking part in 121 mine finance panel https://youtu.be/v5IWOikAZxE

[troc1958] 10/2/2021 12:00

LLB ...thanks for that update. Anglo Pacific should keep their website upto date

[quepassa] 10/2/2021 09:39

Blue-blooded JP MORGAN ASSET MANAGEMENT have just closed down, liquidated and de-listed their highly successful and long-standing London-quoted BRAZIL INVESTMENT TRUST citing POLITICAL CONCERNS over investing there.

Brazil is an increasingly high risk country to invest in, with a right-wing Bolsonaro government where many fear that punitive taxes may soon be levied on overseas investors.

Not only are there major concerns over heightened political risk of investing in Brazil but other investors are pulling out of Brazil on ESG grounds in outrage at the ongoing wholesale destruction of the Amazonian Rain Forests.

A very risky country to invest in, which many institutional investors are (as with fossil fuels) increasingly avoiding.


ALL IMO. DYOR,
QP

[the deacon] 10/2/2021 09:06

Was a rhetorical question btw. I couldn't really care less what QP thinks..

[the deacon] 10/2/2021 09:03

Wonder what QP makes of this tweet from Brazilian Nickel below... APF with an investment and lucrative royalty over a cutting edge clean, green operation in resources that are central to the EV battery revolution."This 'green' heap leach technology results in high purity #nickel and #cobalt intermediates and all residues are solid wastes with no need for any tailings dams" $nickel $cobalt #mining https://t.co/6uyCmVqfh2 https://t.co/lxWaCQSViP

[laurence llewelyn binliner] 10/2/2021 08:21

#Troc1958 ... from the 27.08.2020 H1 update..

We also note the progress Cadence Minerals is making in trying to bring the Amapá project back online, following a court supervised reorganisation paving the way towards the establishment of a joint venture to inject new capital into the project. The Group we will be claiming its royalty entitlements over any stockpile sales.

We have been following the updates provided by Cadence Minerals with particular interest. Cadence is working with the former Zamin operating company with the intention to form a joint venture to bring the mine back into operation. The creation of the joint venture will require the current senior secured creditors to relax their security claims over the project at which point Cadence will release from escrow its initial investment and become a 20% owner in the project.

Cadence has reported that discussions with the senior secured creditors are progressing well. In addition, the Brazilian courts have reaffirmed its decision to allow the shipment of the 3Mt of iron ore currently sitting as a stockpile in the port facilities.

The Group has a 1% life of mine GRR on all iron ore and other non-precious minerals produced from the Amapá Iron Ore System, owned and operated by Zamin Ferrous Limited..

[2013] Anglo American plc ("Anglo American") announces the completion of its sale of 100% of the Amapá iron ore operation in Brazil to Zamin Ferrous Ltd, following receipt of regulatory approval for an initial total cash consideration of $134 million..

[troc1958] 10/2/2021 08:06

Wonder how this decision will impact Anglo Pacific's royalty on Amapa. They currently have s 1% life of mine GRR on it.According to the Anglo Pacific website re Amapa ....."Operations at Amapá remained suspended throughout 2015, with Zamin attempting to restructure its finances to fund the rebuilding of the Santana port. In light of the continued suspension of operation at Amapá, together with further declines in iron ore prices, the Directors have recognised a further impairment charge of £2.8m during 2015, reducing the carrying value of the Amapá royalty to £1.8m as at December 31, 2015."No updates on website yet ...

[flagon] 10/2/2021 07:54

News from Cadence Minerals re Amapa Iron Ore Project -

[pockstones] 09/2/2021 21:43

Dear Woodhawk,
Don’t be too negative on que whenever we have him on here he does wonders for the share price he was all over it at a pound a few weeks back and as you can see he has been on constant transmit so far this week I am feeling very bulled up on the back of it as a contra indicator he is unmatched

[woodhawk] 09/2/2021 19:30

Get a life, QuePassa, we all have 20/20 hindsight.

[quepassa] 09/2/2021 19:00

hey woodie,

oh i get it alright.

if 2020 was "a poor year", how would you characterise 2019 and how would you characterise the last decade?


whining?

ha ha ha

not me.

i'm whooping...

...with joy with the performance of U3o8 stocks in recent times. Like Denison -up 10% today and Energy Fuels up 250% in three months.

if you wanna be wedded to fossil fuels - go for it. But be aware that the USA has rejoined the Paris Climate Accord and that COP 26 takes place later this year

enjoy.

all imo. dyor.
qp

[laurence llewelyn binliner] 09/2/2021 18:48

FY2018 | GBP 49.4M income | 28.8M net | 15.97 EPS | PE 9.00 | 145p
FY2019 | GBP 59.5M income | 29.0M net | 16.06 EPS | PE 11.5 | 183p
FY2020 | GBP 36.0M income | 18.0M net | 10.00 EPS | PE 12.8 | 128p
FY2021 | GBP 60.0M income | 30.0M net | 17.00 EPS | PE 12.0 | 210p target price

6/7% dividends available now, but reducing soon to 'just' 5/6% ... :o)

[woodhawk] 09/2/2021 18:09

You really don't get it, do you, QuePassa? Everybody already knows 2020 was a poor year, hence the decline in the share price over the period. But that was then. I am investing NOW for the next few years when rewards are imo likely to be much better going forward as the effect of the pandemic declines and the share price recovers. I am already a good 30% up in share price terms over two months and will shortly be in receipt of my first dividend payment too.

So you keep whining and I'll keep making money.

[sporazene2] 09/2/2021 18:07

EMH are going to be looking for their 49% share of the finance for the Cinovec lithium mine at circa $250m. APF certainly have the means to make a dent in that and it would certainly fit the profile. The DFS on that project is due this year.

[pockstones] 09/2/2021 17:57

Dear Que,
Your call a few weeks back has done you proud but my guess is that
You switched to being a buyer when you saw the coal price rising,
And you were right, calling it beautifully, as you rightly point out ESG metals are the way to go and the Anglo pac portfolio is bulking up nicely in this department.
Keep the comments coming

[quepassa] 09/2/2021 16:03

Yesterday's Trading Update.

Highlights- 2020 PORTFOLIO CONTRIBUTION compared to previous year

down 40%.

hmm.


all imo. dyor.
qp

[woodhawk] 09/2/2021 15:54

That's a very encouraging roundup and bodes well for both capital gains and an excellent, above average income stream going forward this year.

[laurence llewelyn binliner] 09/2/2021 15:44

Our share price is up 35% (so far) from the recent lows of November, our royalty basket commodity prices are rebounding well, and we are just 1 quarter into the income recovery, we know Q1 from Kestrel will be +c50%, we already have GBP 4.8M from LIORC received inside our Q1 just for starters, then Copper up, Vanadium up.., Q1-2021 income should be in the order of GBP 15.0M.. :o)

Our 1.75p Q3 dividend next week, then the 3.75p Q4 dividend in June..

[emeraldzebra] 09/2/2021 15:25

read 'it is a pity.......' apols.

[quepassa] 09/2/2021 14:02

350p to 130p.

Over ten years.

And certain numpties think the price is rising.

....hint...

it's not.

[pockstones] 09/2/2021 13:13

Dear Que,
Your back again in style and the price is rising your reappearance a few weeks ago has given us thirty percent keep them coming I say

[quepassa] 09/2/2021 12:08

I guess truth and reality are too hard to countenance for most on this bulletin.

Just look at the blatantly ramping posts of Deacon and sam.

Then hold those posts up to the candle of truth.

ALL IMO. DYOR.
QP

[sam 4224] 09/2/2021 11:59

Very well said Deacon