Baker Steel Resources Share Discussion Threads

[craigso] 29/11/2024 09:57

Nice little bonus from something that isn't really even part of my investment thesis here.

[che7win] 29/11/2024 08:30

Been watching for months, I've taken an initial nibble today.Nice news too.

[golden prospect] 06/11/2024 22:15

"Kestrel is directly adjacent to the Gregory Crinum mining hub owned by Sojitz Blue. It is also close to the undeveloped coal assets of Futura ..."

Multi-billion transactions in the making. Should be great news for futura and ultimately BSRT.

[golden prospect] 30/10/2024 18:23

Edison Research Note published 30 October 2024







IPO of Cemos would be a great lift on valuation plus the Futura DOUBLE production in 2025 is a clear investment winner for BSRT.

[sharesoc] 14/10/2024 08:13

There’s an upcoming session with Trevor Steel, Managing Partner and Fund Manager, along with Francis Johnstone, Investment Advisor, on the 6th of February . They will be presenting a detailed overview of the Baker Steel Resources Trust, including a look at recent performance and future plans.
After the presentation, there will be a Q&A session where attendees can ask questions directly.
You can register for the event on the ShareSoc website if you’re interested.

[sharesoc] 14/10/2024 08:12

Upcoming ShareSoc Webinar: Baker Steel Resources Trust Overview

There’s an upcoming session with Trevor Steel, Managing Partner and Fund Manager, along with Francis Johnstone, Investment Advisor. They will be presenting a detailed overview of the Baker Steel Resources Trust, including a look at recent performance and future plans.
After the presentation, there will be a Q&A session where attendees can ask questions directly.
You can register for the event on the ShareSoc website if you’re interested.

hxxps://www.sharesoc.org/events/sharesoc-webinar-with-baker-steel-resources-trust-bsrt/

[craigso] 09/10/2024 10:14

Bought in recently.

I like the met coal and the under-the-radar precious metals.

No idea about Moroccan cement, but one assumes that has the potential to spit out substantial cash flow.

One to buy and leave alone for a few years methinks...

[golden prospect] 13/9/2024 15:41

H1 2024, a roadmap for substantial growth and some great re-rate factors in the wings - well done Baker Steel

[golden prospect] 01/9/2024 17:53

27th August 2024



"
In this episode, our director of content, investment trusts Milosz Papst discusses Edison’s latest thematic piece on US Small Cap equities. He then explores Baker Steel Resources Trust whose bottom-up, value-focused strategy is to invest in a concentrated portfolio of 10–20 unlisted junior mining companies. BSRT’s objective is to create value through driving the development of investee companies, as well as exploiting market inefficiencies and pricing anomalies. He discusses how the trust mitigates the risks arising from investments in early-stage mining businesses. He elaborates on the implications of the portfolio maturity for distributions to shareholders. He also delves into the developments at the trust’s two largest holdings.
"

[golden prospect] 25/7/2024 06:38

4.2% of MIGO portfolio in BSRT, No.3 in top 10 holdings

[golden prospect] 23/7/2024 09:09

Market asleep on the prospects for BSRT with the TUN factor

[golden prospect] 14/5/2024 17:46

A maturing portfolio with 20% yield, not to be ignored

The report also says potential "19–30% annual yield", wow

[golden prospect] 07/5/2024 09:30

Baker Steel being a major shareholder in Tungsten West provides an entry mechanism should TUN advance on enviro approvals, results due soon.

[golden prospect] 05/5/2024 17:57

Two of the largest holdings represent 65%, are expanding and profitable.

Rest of the portfolio given the discount, comes for free!

Roll on the royalties, dividends and growth plans.

[drdre] 29/4/2024 07:13

I'm intrigued to as when we as shareholders can expect to see the fruits of the labour here in terms of dividend.

[golden prospect] 29/4/2024 06:53

Two largest investments going to plan - excellent news

Sense Tungsten West will soon be a useful contributor

[chrisdgb] 19/4/2024 11:46

Nice, thanks, positive, slow and steady price rise......

[golden prospect] 19/4/2024 08:46

It appears all is going to plan with Futura; hopefully the open structure will help to keep costs down.

Wilton has 30 staff with support from up to 20 contractors and is aiming for 1Mt ROM in 2024, 2025 will be 1.6Mt. First mining took place in February and the milestone of vessel loading has been achieved - should hear about this in April NAV update.

Royalties and Dividends will make for some great cashflow.

On other matters, given Baker Steel is one the largest holders in Tungsten West (holding a World Class Resource), it seems inconceivable that the project will not get a green light.

[golden prospect] 23/1/2024 18:26

Thanks chrisdgb, discount is still absurd - 33p !

For interest


Great to hear "Futura is in advanced negotiations for A$35m in offtake finance"

Going forward income prospects from 1.5% gross revenue royalty.

[chrisdgb] 23/1/2024 11:17

77.2p NAV is out........

[chrisdgb] 17/1/2024 14:11

Decent buy, ahead of what will hopefully be a good NAV......

[chrisdgb] 11/1/2024 09:00

As we get closer, reminder last NAV was 66.4p......

[golden prospect] 06/1/2024 17:16

Big week beckons :

"
In accordance with our normal procedures, the carrying value of the unlisted investments will be reviewed for the December 2023 NAV. This will take account of the advances made by Futura following the financing of its first mine in September and the move by Cemos towards producing its own clinker for its cement production as previously announced.
"

[chrisdgb] 19/12/2023 10:33

Looking forward to the December NAV...........

[chrisdgb] 18/12/2023 09:30

One of my favoured plays for 24'......