Griffin Mining Dividends - GFM

Griffin Mining Dividends - GFM

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Griffin Mining Limited GFM London Ordinary Share BMG319201049 ORD $0.01
  Price Change Price Change % Stock Price Low Price High Price Open Price Close Price Last Trade
-0.50 -1.18% 42.00 42.00 42.50 42.50 42.50 13:38:31
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Industry Sector

Griffin Mining GFM Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

alangriffbang: Hi zoo and sage ,just got back and it’s heaving ,one thing That could happen to GFM is the results come out and they are bad but better than expected and he share price rises ,it’s interesting that invest direct have a sell on them but have raised there price to 55p , I do hope to buy back here one day as I’ve done in bango but it’s still to early ,I wished they had been taken over by a company that treated there shareholders better than this lot ,time will tell , good luck and keep safe ,
alangriffbang: Yes I did see it zoo ,apart from the usual nonsense posters the majority are always very interesting ,I really don’t know what will happen to the share price tomorrow ,there are always a lot of buyers ,shanta has also had a good day as well , keep smiling and making money ,
alangriffbang: Well done sage nice to hear from you ,I haven’t spoken to roger in months , I don’t think it will do the share price any good ,I do hope one day to buy back into it but at the moment I can’t think of a single reason to part with any money ,I’m happy to sit on my cash at the moment ,I think poor zoo has been frightened away ,keep smiling
arphillips: A- Positive update from Drax today, share price on the rise after initial drop. Going ex-div tomorrow.
zooman: JPPP, I put it up expecting to be slated because I have failed to get over to a few that as I trade dividends aren't in my trading strategy. Its not that I don't like them I'm not in long enough generally to take the benefit and I don't believe that in all cases dividends will shore up a company share price. Its up to each one one us to either trade, invest or short whatever is ones way because the reason we're here is to make money.It was Sage who said about blue chips which I also feel is sound advice of investing. Your other question that you asked regarding PREFS I asked MISOLB but it wasn't him.Zoo
zooman: JPP, I spoke to RG ages ago about a buy out / bid being made. Because of where GFM are registered the 29/30 percent rule does not apply. However that doesn't mean a bid can't be made, and given the share price it could be a low bid at that. Zoo
zooman: The thing to remember with GGP unlike GFM is they are not miners they are prospectors and as such have a limited exposure with regard to workforce unlike GFM. Below is an overview of the operation and what will effect the share price. GGP will more than likely sell out at some point soon. Info supplied by TW. As places to invest this is on the safer side as safe goes these days.ZooNo drilling at Scally yet, but they have four new high-priority targets identified there, following a geophysics programme, including Kraken, London and Blackbeard.Drilling at Scally is now due "to commence by the end of April, to initially focus on three primary targets: Kraken, London and Blackbeard" according to the GGP 9th March Interim Results.Once drilling is completed at Scallywag, other high-priority targets are to be drill tested at Paterson Range East (including Goliath and Los Diablos) and Black Hills.
millwallfan: Hi all. Great to see Griffin static today when everything else down almost across the board. Alan - just some personal thoughts as I know you are a seasoned investor who appreciates a diversity of views. IMVHO, if I had £20k today I would have bought Lloys versus Tw. I hold both but in reality I think TW are currently very close to the top of their range - I was in at £2 but thankfully topped up below £1.40 at the peak of Brexit fever. On the other hand I can see no reason that the Coronavirus fright today should have affected Lloyd’s who were already (imho) at the bottom of their range following the relatively poor results. TW does have some risks in terms of labour and material cost inflation going forward. It will be very interesting for you to keep track and calculate just for fun in exactly one years time which would have been the best investment today. The TW dividend is very good and when the share price was sub£1.50 represented over 10% return whereas Lloyd’s is probably only 5-6 percent, but I do feel the capital growth potential for Lloyd’s into the medium term - they were almost 90p post the leave vote and that was when PPI was at its peak. In conclusion I would expect 25 - 50% increase in the Lloyd’s share price in 18-24 months whereas I just cannot see TW getting to £3 plus in that time. I hope you did jump in Serabi when we exchanged comments a couple of months ago - the fundamentals looked amazing when the share price was in the 60p range 94p now I think. Whatever happens going forward I wish you all the very best as always.
millwallfan: ARP your view supports my various posts over the past few months, accepting I am largely a lone voice extolling the core fundamentals of GFM including the last JORC update. Yes there are ongoing risks relating to the Coronavirus, POZ, smelter discount and the mythical licence but there are a number of offsetting positives which will both support us through the short term (ie debt free and hopefully reduced contractor costs) and come into play in the medium term as the negatives retreat. Like many others I did reduce my holding at 92p and still retain a core holding at a relatively decent average of mid 20’s so can afford to sit on my hands even at current depressed share price. Sometimes it is worth remembering we did hit £1.60 without the licence just based on a sensible PoZ - so there is still hope !!!!
zooman: Up, how many companies that paid a dividend have still gone to the wall? There are many more factors at work here and a dividend would not have helped. I think that its more about greed and blind faith with some here. I trade I'm not a long term investor and because of that a dividend is not the be all and end all for me especially in this case. Mining is a risky business GFM is a small company with one mining location. One accident and the mine is closed we have seen this in the past. Thus by holding hundreds of thousands of pounds long term and keeping ones fingers crossed. Well I let you figure that one out. Comments with the share falling from £1.60 to where it is now and saying oh well I'm still in profit, there's a saying never underestimate the stupidity of the stupid.Let me make it clear in this case, a dividend would not have stabilised the share price and stopped the price falling. Funny how its the same few who bang on about it time and time again, its not about understanding about a dividend but understanding the reality of the situation.Zoo
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