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Share Name Share Symbol Market Type Share ISIN Share Description
Griffin Mining LSE:GFM London Ordinary Share BMG319201049 ORD $0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 102.50p 100.00p 105.00p 104.00p 102.50p 102.50p 30,438 08:00:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 93.8 45.1 18.2 5.4 177.07

Griffin Mining Share Discussion Threads

Showing 30926 to 30950 of 30950 messages
Chat Pages: 1238  1237  1236  1235  1234  1233  1232  1231  1230  1229  1228  1227  Older
DateSubjectAuthorDiscuss
17/1/2019
12:08
The internet is funny about that. You can do steely or brassy, but not irony.
rose_by_another_name
17/1/2019
11:34
Surely mwlf was being ironic?
ewads
17/1/2019
10:52
There is a precious metal extraction cycle in the mill, maybe just for gold, but nuggets are not involved. Most of the metals are recovered from the concentrate by outside smelters.
rose_by_another_name
16/1/2019
20:24
Let's hope there is plenty of them!
alangrifbang
16/1/2019
19:16
I always think it amazing that the multi billion business of Lloyds Banking Group can publish its full year accounts ending 31/12 by mid February (19th I think) and it takes GFM till April. But I suppose counting all those tiny gold and silver nuggets and then weighing them takes extra time
millwallfan
16/1/2019
08:42
Looks like MM will grab some of our hard earned gains back today,that's what you get with no news,
alangrifbang
16/1/2019
07:58
Morning zinc up this morning but not enough to make any difference,hope there isn't a bloodbath on the market today,
alangrifbang
15/1/2019
20:24
Burnchat. Lol that the first of your many cryptic posts I have ever actually understood. Well done, very funny.
millwallfan
15/1/2019
20:17
They need to zinc about it and galvanise a proper solution then gold plate it, but in order to do that they need a proper lead er with a licence to divvy up the spoils...
burnchat
15/1/2019
19:54
Brexit vote lost. What a total fiasco whatever your position. Market turmoil tomorrow I suspect. At least hopefully GFM should not be affected as much as uk companies but I guess will drop on the sympathy vote
millwallfan
15/1/2019
19:19
do you think they Skype each other at agreed times in their respective time zones in order to have their communal laughs
phillis
15/1/2019
18:35
Millwallfan,the BOD must be laughing there socks off looking at these posts ,would love to be a fly on the wall,can't see them saying a word,why break a habit of a lifetime,
alangrifbang
15/1/2019
17:43
All looking good?
zooman
15/1/2019
17:03
The inverse relationship continues which goes against the basic laws of economics thus Meaning other factors are in play. Whilst none of us here know anything for certain We can speculate that the three most likely factors are - 1 better than expected y/e out turn - 2 expected licence final approval or - 3 continued stakebuilding based on believe the co is undervalued or towards privatisation. No RNS however on any individual shareholder triggering next tiers.
millwallfan
15/1/2019
13:29
China is slowing quite rapidly I assume the demand for zinc will reflect this
phillis
15/1/2019
13:18
Posts suggesting the recent price rise is attributable to a possible takeover or an imminent licence announcement surprise me. A simple explanation can be obtained by considering what the current price of 102.5p represents. Based on a P/E of 8, this price represents annual earnings of 12.8p. This would mean that H2 profits would need to be $13m compared to $15.3m in H1 and $27.5m in last year’s H2. Even with lower zinc prices, this seems feasible subject to one major proviso i.e. the quality of ore being mined. Significantly, most H2 profits should flow into a higher cash balance resulting in a year end cash figure of circa $40m, after allowing for H2 capex of $6m in line with H1.(NB. The H1 profit of $15.3m only resulted in a favourable cash flow of $1.5m but this was after paying tax of $12.3m.) A 4 cents dividend will cost circa $7m and be covered 4.1 times by current year post tax profits. I cannot see any commercial justification in not paying such a dividend. I suggest 102.5p represents value, excluding the licence.
keepingafloat
15/1/2019
08:59
Telegraph headline: "Markets rebound after Beijing unveils tax cuts to tackle slowdown" I never left, by the way. On every day to look at charts.
rose_by_another_name
14/1/2019
22:14
Maybe there are conversations with the large shareholders regarding further actions. Things always have a way of getting out in a roundabout way.
zooman
14/1/2019
20:57
I have nothing to impart about the SP movement. Saying "gee, that's odd" at this point would only diminish my mystique.
rose_by_another_name
14/1/2019
20:10
Surely rose you must be puzzled by the rise in the share price,we know the BOD won't say anything they never do,zinc is steady but not rising,so it's got to be something else ,I suppose we are all left here to guess,nice to see you back,whatever you've got to say or not.
alangrifbang
14/1/2019
17:37
Rose. As long as they move as per last few days in an inverse relationship we can only hope there will come a time when zinc reverses but GFM won't and the basic laws of positive correlation will apply.
millwallfan
14/1/2019
16:49
What do you want to hear? I could point out again that the PoZ and the share price are moving in opposite directions, but there is no one to become enraged anymore.
rose_by_another_name
14/1/2019
16:25
Yes indeed phillis tax bills don't get any easier and I'm sure when we were younger they didn't come round so quick! Good luck.we haven't heard from rose for a while.
alangrifbang
14/1/2019
14:39
If you read back over my posts from several months ago I have posed the question several times that I think an MBO is a distinct possibility when you look at the total percentage held by a select few shareholders ( who are closest to the true realisable potential of the company). In one post I even gave some figures of holdings and an estimate of what funding would be required to obtain a controlling interest. If this is on the agenda we would need one of two things (or indeed both) - other shareholders to hold out for a significant premium (for me £1.75 minimum) and/or a bidding war with other mining majors interested in zinc entering the fray.
millwallfan
14/1/2019
14:37
alanG yes indeed tax bill to pay at month end!
phillis
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