Blackrock World Mining Share Discussion Threads

[davebowler] 12/4/2024 15:36

HttPs://doceo.tv/insights/news/gold-is-dead-long-live-gold/

[bionicdog] 12/4/2024 15:35

I have updated the top 10 holdings in the header.

[action] 12/4/2024 13:45

Nice to see you around. You are not on S32 anymore

[arja] 12/4/2024 13:14

nice looking short term chart and probably more to go with mining stocks performing very well and ANTO even in NOR territory . BUT BRWM a bit risky with a 5% discount to NAV and has been much higher in the past.

[topazfrenzy] 11/4/2024 08:28

This usually catches up a few days to a week after the individual stocks in the portfolio have made their move

[matt123d] 08/4/2024 16:42

Someone keeping a lid on this today with big gains at VALE BHP. VALE above 12.50 and can start talking about a potential turnaround.

[mozy123] 08/4/2024 13:34

Added some today. Looks like it could break its 2023 down trend.

8% discount and 6% yield. Will take the risk.

[donald pond] 04/4/2024 09:54

Yes, looks excellent from here

[topazfrenzy] 04/4/2024 09:07

People waking up to this now, the multi year lows are in imo

[topazfrenzy] 03/4/2024 11:29

Commodities are the place to be again, prepare for a mega run lasting years from here. The clever money has been buying in knowing that inflation is back.

[masurenguy] 03/4/2024 09:03

Discount to NAV of circa 6.3% and yield, at the current shareprice, circa 6.3% !

[spangle93] 03/4/2024 08:19

Yesterday was a better day than most recently, but still not out of the chart downtrend.

[masurenguy] 21/3/2024 14:12

Only off 5p against todays XD of 17p - very positive forward indicator !

[jong] 21/3/2024 09:38

XD today. 17p per share payable on Tuesday 14 May.

[veryniceperson] 19/3/2024 15:44

Maybe, probably hopefully pick quickly again.

[masurenguy] 19/3/2024 15:10

This goes XD on Thursday - interesting to see whether that takes the price back below 500p again.

[kiwi2007] 11/3/2024 06:54

China still taking iron etc. but only to complete what's already started. Iron ore exports will fall substantially soon.

[spangle93] 09/3/2024 10:33

Citywire coverage of results



Seems the consensus is that there are factors that might lead to growth in demand this year, but conversely they see dividend payments being lower.

[lab305] 07/3/2024 19:51

Anyone any thoughts? Better than I expected and to me the last 13 month's fall of around a third seems well overdone.

[joey52] 07/3/2024 18:15

Better than the 15p I thought it was going to be.

[spangle93] 07/3/2024 18:02

17p final dividend, as estimated by several folks on here

ex-div 21 March

[invisage] 07/3/2024 17:48

Final results:

[invisage] 07/3/2024 17:47

Revenue return and dividends
The Company’s revenue return per share for the year amounted to 33.95p, a 16.6% decrease compared with the prior year revenue return per share of 40.68p. Lower commodity prices, higher all in costs and a weakening US Dollar (as many commodity company dividends are paid in US Dollars) contributed to the reduction in earnings, leading to lower returns for shareholders.

During the year, three quarterly interim dividends of 5.50p per share were paid on 5 May 2023, 6 October 2023 and 24 November 2023. The Board is proposing a final dividend payment of 17.00p per share for the year ended 31 December 2023. This, together with the quarterly interim dividends, makes a total of 33.50p per share (2022: 40.00p per share) representing a decrease of 16.3% on payments made in the previous financial year.

As in past years, all dividends are fully covered by income. In accordance with the Board’s stated policy, the total dividends represent substantially all of the year’s available income.

Subject to approval at the Annual General Meeting, the final dividend will be paid on 14 May 2024 to shareholders on the Company’s register on 22 March 2024, the ex-dividend date being 21 March 2024. It remains the Board’s intention to seek to distribute substantially all of the Company’s available income along similar lines in the future.