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Share Name Share Symbol Market Type Share ISIN Share Description
Baker Steel Resources Trust Limited LSE:BSRT London Ordinary Share GG00B6686L20 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 62.25 60.50 64.00 62.25 61.75 62.25 19,834 08:00:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 0.7 0.6 103.8 72

Baker Steel Resources Share Discussion Threads

Showing 176 to 196 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
17/9/2020
12:07
Re Prognoz: https://uk.advfn.com/stock-market/london/polymetal-POLY/share-news/Polymetal-Prognoz-initial-Ore-Reserve-estimate/83276784
rambutan2
06/2/2020
11:15
surely the stake in the gold mine is now worth a lot more than the price placed on it in the balance sheet
ntv
04/10/2019
07:01
Cemos looks to be doing well> they own 31% . Forecasts for 2020 seem to be around $7.5m before Valued in the books around £7.5m Talk of second line so there must be good orders coming in
ntv
11/9/2019
15:57
Interims from Monday: htTps://polaris.brighterir.com/public/baker_steel_resources_trust/news/rns/story/x28nv6x I noted this in the review, which is new to me but makes good sense: "The Company's policy is for new investments to take the form of royalties, convertible loans or other structures which provide a degree of downside protection but retain significant upside should the project proceed as anticipated. In addition the coupon paid on convertible loans provides income should the project encounter delays."
rambutan2
06/9/2019
10:17
Futura Resources Ltd 16.5% Bilboes Gold Limited 14.8% Polymetal International Plc 14.2% Cemos Group plc 10.6% Polar Acquisition Ltd 9.0% Sarmin Minerals Exploration 4.8% Nussir ASA 4.5% Mines & Metal Trading Peru PLC 4.4% Anglo Saxony Mining Limited 3.8% Black Pearl Limited Partnership 3.8% Ivanhoe Mines Ltd 3.1% Azarga Metals Corp 3.1% Other Investments 5.5% Net Cash, Equivalents and Accruals 1.9%
ntv
05/9/2019
09:23
Big mention at 3 mins 30 HTtps://www.mitongroup.com/professional/fund/miton-global-opportunities-plc/
davebowler
04/9/2019
07:16
discount over 20%
ntv
19/8/2019
07:16
http://australianminingreview.com.au/emerald-gem-of-the-bowen/
ntv
13/8/2019
08:21
Polymetal holding gained 8% this month so far
ntv
08/8/2019
15:47
Has a few interesting investments, not much interest on here discount must be approaching 20% maybe another tender offer next year or even before hand with a bit of luck
ntv
17/4/2019
10:09
Baker Steel Resources Trust will be presenting to investors at the upcoming Mining Capital Conference taking place on Thursday 2nd May in London. Details and registration here: https://tinyurl.com/yadbmcda
aim_trader
05/3/2018
17:46
Re above: "In 2017, Polymetal succeeded in extending life-of-mine at producing assets and continued to invest in the next leg of our growth", - said Vitaly Nesis, Group CEO of Polymetal, commenting on the results. "We expect 2018 to result in further significant extensions of our reserves and resources". In 2017, Polymetal acquired a 5% indirect interest in Prognoz - the largest undeveloped primary silver deposit in Russia with JORC mineral resources of 292 Moz at 586 g/t (estimated by Micon). During the year, Polymetal undertook 37.3 km of exploration drilling at the deposit to confirm the resources of Main and Swamp ore zones. The results of the drilling campaign have largely confirmed the parameters of mineralisation at the deposit. · In 2018, Polymetal intends to expand the scope of drilling at the property to include South, Quiet and Spring ore zones as well as trace Main and Swamp ore zones along strike and down dip. The Company plans to increase its stake to 50% with the deal set to close in H1 2018. https://www.investegate.co.uk/polymetal-int-plc--poly-/rns/reserve-and-resource-update-as-at-1-january-2018/201803050700036462G/
rambutan2
19/2/2018
08:58
Sale of Interest in Prognoz Silver 19 February 2018 Polar Acquisition Limited ("PAL") agrees to sell its interest in the Prognoz Silver Mine in Russia to Polymetal International PLC. -- Sale of 90% of Polar Silver Resources for US$72 million -- PAL to retain a continued interest through royalty on future production from Prognoz -- Transaction results in uplift in valuation of PAL of approximately 25% Baker Steel Resources Trust Limited (the "Company") announces that its largest investment, Polar Acquisition Limited ("PAL") has agreed to sell its 90% interest in Polar Silver Resources Limited ("Polar Silver") to Polymetal International plc ("Polymetal") (LSE, MOEX: POLY; ADR: AUCOY) for US$72 million to be satisfied in Polymetal shares. In January 2017, PAL sold a 10% stake in its subsidiary Polar Silver to Polymetal, which committed to fund and undertake a pre-feasibility study on the Prognoz silver project in Russia. As part of that agreement Polymetal was granted an option to acquire the remaining 90% of Polar Silver in March 2019 for a price based on silver reserves and the silver price at that time. Following a successful field season in 2017, during which 37km of diamond drilling was undertaken, PAL and Polymetal have now agreed to accelerate the exercise of the option such that Polymetal will upon closing acquire PAL's 90% interest in Polar Silver for US$72 million to be satisfied in new Polymetal shares. 90% of the consideration shares will be subject to a lock-up period of 180 days. Polar Silver holds a 50% interest in Prognoz silver project which has JORC-compliant Indicated and Inferred Resources (estimated by Micon in 2009) of 292 million ounces of silver at a grade of 586 g/t. In order to retain exposure to Prognoz going forward, including the attractive exploration potential, PAL will receive a royalty of between 2% and 4% (pro rated by the net 45% stake being acquired) on future production from the mine. The royalty has been valued based on the current pre-development status of the Prognoz project and it can be expected to appreciate as the project moves towards production. Taking into account the value of the Polymetal shares to be received by PAL and the valuation of the royalty, the Company's carrying value of PAL can be expected to increase to approximately US$41 million at the next NAV date, a 25% increase on the carrying value at 31 January 2018. On a pro forma basis this transaction would have increased the Company's NAV by approximately 9% had the agreement been signed prior to 31 January 2018. The Company has invested a total of US$14.2 million over the past seven years into PAL, realised US$6 million in cash during 2017, resulting in a return on investment of in excess of 3 times. Subject to the receipt of the required Russian regulatory approvals, the transaction is expected to close in during the first quarter of 2018 Polymetal is a major gold company listed on the London Stock Exchange with a market capitalisation of approximately GBP3.5 billion. During 2017 it produced 1.43 million ounces of gold equivalent. In 2017, Polymetal paid out US$138 million in dividends, translating into a 2.7% dividend yield based on the average share price for the year.
strollingmolby
27/7/2017
22:47
Piggie, thanks for reminding us of the nav, which I had missed. Should commodities start to improve generally, this might prove to be a relative out-performer.
coolen
27/7/2017
14:51
54 pence assets at the start of the month. c 35p price so possible upside potential. Perhaps some modest share purchases to improve asset value and reduce the discount, altho the manager's fee would drop - so may be unlikely!
flying pig
25/1/2017
15:46
Look at ivanhoe mines. Up at least 8 fold since last Feb.
gramshaw
25/1/2017
13:33
seems a v talkative thread ! made a small investment back in the autumn. any comments on the latest up tick ?
emeraldzebra
08/6/2016
15:25
GPM is at a discount to NAV of about 15% but mostly invested in bigger precious metals companies.
davebowler
08/6/2016
15:23
Baker Steel Resources Trust Limited (the "Company") announces its unaudited net asset value per share at 31 May 2016: Net asset value per Ordinary Share: 37.0 pence
davebowler
06/11/2015
08:45
Assets 39.4p price c19p big discount c48%. At some point when commodity prices recover this will be very good value!
flying pig
09/10/2015
15:24
Turning around on huge discount, providing commodities continue their recovery.
rogerbridge
Chat Pages: 8  7  6  5  4  3  2  1
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