Griffin Mining Share Discussion Threads

[phillis] 06/4/2017 16:00

indeed
there never is anything under "outlook" notwithstanding that Q1 is put to bed

[rmjones] 06/4/2017 14:13

A clearer, more explicit, statement regarding the company's expectations over the next financial year would have helped. The go ahead for further exploration is of little value without a licence.

[rose_by_another_name] 06/4/2017 10:30

China have gone crazy for all things Ivanka.

[phillis] 06/4/2017 10:30

second half eps c%5.5cents so say 12 cents annualised at least

v cheap looking ASSUMING NO MORE PLANT CLOSURES

[mariopeter] 06/4/2017 09:51

Agreed fabulous second half. Prospects seemingly bright and tinged with some nice gold figures. Dividends in 2018 would do me as debt is so dangerous in this sector....unless they get that license in zone II then accelerate the divi.

Watching zinc price though and hope things work well tween China and US next week.

[up just a little bit] 06/4/2017 08:09

Cantor Fitzgerald may want to raise their 95p price target after these results.

[phillis] 06/4/2017 07:59

Yes, a bigturnaround in the second half
Still jam tomorrow!

[up just a little bit] 06/4/2017 07:47

Cannot support the stance of the board once again to not pay a dividend. There has to be a balance and as pointed out we are approximately a year away from potentially being debt free. The figures are looking very good and the outlook is excellent. However... It would be more prudent to maintain a proportion of debt and reinstate a dividend.

[owenga] 06/4/2017 07:29

Bank loans down from 63m to 44m. Could be almost cleared in 12 months.

[owenga] 06/4/2017 07:21

Figures look very good, particularly when you look at the first 6 months, which had a pre tax loss of 4m. That means in just 6 months we had a pre tax profit of 14m. If zinc prices hold for the year or even improve, we are looking at a 2017 full year profit in region of 30m!

[buster18] 06/4/2017 07:10

still no dividend !

[up just a little bit] 05/4/2017 19:09

3p spread on the close on a rising trend...... Very interesting times ahead.

[rose_by_another_name] 05/4/2017 16:11

I still have over 200,000 shares. I just
wanted to use my capital gains allowance.
Should have waited until today to sell,
but of course the price was sure to break
the moment I did.

[phillis] 05/4/2017 16:06

Rose
Have you finally lost the faith?

[rose_by_another_name] 05/4/2017 15:49

I sold almost that many a few days ago
and the price still went up.

[phillis] 05/4/2017 15:14

Upjust

Surely!

or then again maybe another shaggy dog story as to why not much concentrate was produced

[dgellissnr] 05/4/2017 14:23

I have just bought 40587
17369

= 57956 I think that is the reason for the wooooosh

good luck all

[bunlop] 05/4/2017 13:52

A little Griffin wooooosh. I remember those from years ago?

[up just a little bit] 05/4/2017 12:12

Very nice, news? Perhaps.

[up just a little bit] 04/4/2017 15:34

Apparently so.

[phillis] 04/4/2017 15:11

prelims next week?

[up just a little bit] 04/4/2017 14:54

Lets see if we get some good news in the results to drive this higher.

[mariopeter] 04/4/2017 14:29

chart breakout

[rmjones] 31/3/2017 08:38

Stocks still falling. Zinc price holding. Smelters reducing prices to compete for limited zinc availability. Cantor Fitzgerald raised target to 95p. Still holding near 400,000 and well into black now after years in the red - looking good :)

[rose_by_another_name] 31/3/2017 08:37

Just realized I expressed that a bit
ambiguously. I sold some before the price
went up, but still have +200k shares left.