ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

HRE Hameldon Res

0.875
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hameldon Res LSE:HRE London Ordinary Share KYG7393S1012 ORD 0.25P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.875 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.875 GBX

Hameldon Res (HRE) Latest News

Real-Time news about Hameldon Res (London Stock Exchange): 0 recent articles

Hameldon Res (HRE) Discussions and Chat

Hameldon Res Forums and Chat

Date Time Title Posts
26/8/201606:32STANS ENERGY2
02/4/201513:20ATHOL GOLD - A NEW BEGINNING160
05/12/201020:43Hameldon Resources124
06/2/200613:53Holy Roman Empire3

Add a New Thread

Hameldon Res (HRE) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Hameldon Res (HRE) Top Chat Posts

Top Posts
Posted at 13/6/2015 06:43 by pug151
I wanted to open a thread on this company. Unfortunately I seem to lack the IT skills to do so...
Calunius have agreed third party litigation funding on the 8th June and as followers of OXS will know they only do so when they have a greater than 70% confidence in success and where the possibility of not being able to monetise awards is close to zero. The share price has fallen sharply from highs. On the 11th of June a Toronto court overturned HRE request to freeze shares held by the Kyrgyzstan government. This was expected as the Moscow court has set aside they initial ruling in favour of the company. I understand that HRE have confirmed that the litigation funder was aware when funding agreed.

I could do with advice on how to populate the header on this thread!
Posted at 02/4/2015 13:20 by marab
4,000 POSTS



Thanks for all the help getting to 4,000 posts. I much appreciate those who take the time to post here and keep the thread alive.

The story so far-
Post 0000 - 25 May 2014, share price 0.57p
Post 1000 – 13 Aug 2014, share price 0.47p
Post 2000 – 02 Nov 2014, share price 0.275p
Post 3000 – 27 Feb 2015, share price 0.43p
Post 4000 -
Posted at 01/11/2014 16:31 by marab
hehog asked me to post this. I think he may be trying to tell us something ;-)





3000 POSTS


That’s another thousand posts and another thousand thanks to all you posters for helping to keep the thread alive ;-))

The story so far-
Post 0000 - 25 May 2014, share price 0.57p
Post 1000 – 13 Aug 2014, share price 0.47p
Post 2000 – 02 Nov 2014, share price 0.275p
Post 3000 – 27 Feb 2015, share price 0.43p

Forecast-
Post 4000 – 17 Mar 2015, £10.80 ;-)))
Posted at 06/3/2014 11:11 by marab
Can buy at least 400,000 shares at 0.134p and can sell at least 400,000 shares at 1.255p.Gate sales of 46,000tpa would cover £1m in overheads ata slaes price of $70 and costs of $35. GATE SALES 2014 SALES $/TONNE$70 COSTS $/TONNE$35 PROFIT $/TONNE$35 YEARLY TONNAGE46,000 MONTHLY TONNAGE3,833 REVENUE$3,220,000 COST$1,610,000    GROSS PROFIT$1,610,000 $ PER £1.60 GROSS PROFIT ££1,006,250.00 OVERHEADS£1,000,000.00 NET CASH£6,250.00 All figures in $FY 2013H1 2013H2 2013 Directors' fees1,163,000668,800494,200 Auditor's44,00016,00028,000 Staff costs476,000203,200272,800 Lease84,00043,20040,800 Legal, professional and consultancy fees839,000353,600485,400 Travelling and related costs252,00099,200152,800 Foreign exchange loss55,000-92,800-37,800 Other expenses628,000272,000356,000 Total3,541,0001,563,2001,977,800 All figures in $2013FUTURE Directors' fees1,163,000320,000 Auditor's44,00044,000 Staff costs476,000608,000 Lease84,00084,000 Legal, professional and consultancy fees839,00064,000 Travelling and related costs252,00032,000 Foreign exchange loss55,0000 Other expenses628,00096,000 Total3,541,0001,248,000
Posted at 20/3/2013 14:39 by marab
target='window'>hTTp://www.corporatesonline.com/strategicminerals/documents/AIM%20Admission%20document.pdf


export costs, all figures in dollars
 


Platts average/tonne
105


sea freight/commissions
34.3


fob
70.7


quality penalties
2


fob less penalties
68.7


all production to on ship costs
63


royalty + gross profit
5.7


gross profit
0


royalty
5.7


$ gross profit on 240,000 tonnes
0


£ gross profit on 240,000 tonnes
0


 
 


From the Interims including the £2.8m inventory costs
 


export costs, all figures in dollars
 


Platts average/tonne
123.21


sea freight/commissions
34.3


fob
88.91


quality penalties
2.59


fob less penalties
86.32


all production to loaded ship costs
63


royalty + gross profit
23.32


gross profit
3.54


royalty
19.78


$ gross profit on 240,000 tonnes
849600


£ gross profit on 240,000 tonnes
531000


 
 


Interim results restated without the extra royalty from falling Fe price
 


export costs, all figures in dollars
 


Platts average/tonne
123.21


sea freight/commissions
34.3


fob
88.91


quality penalties
2.59


fob less penalties
86.32


all production to loaded ship costs
63


royalty + gross profit
23.32


gross profit
17.62


royalty
5.7


$ gross profit on 240,000 tonnes
4228800


£ gross profit on 240,000 tonnes
2643000
Posted at 18/3/2013 14:22 by marab
Share holder information
Total issued share capital 1,300,140,097
Percentage issued share capital not in public hands 67.65%
Key Shareholders - As of 18 March 2013


Name
Number of Shares
Percentage


Youval Rasin
404,173,541
31.09


Shai Kol
132,906,738
10.22


Richard Amon
119,757,412
9.21


Yossi Inbar
95,362,409
7.33


Erez Tirosh
71,521,545
5.5


Yardeni-Gelfand Trusts
78,783,373
6.06


Hanan Rasin
42,172,395
3.24



Shai Koi’s entire shareholding is held through Yardeni-Gelfand Trusts (2000) Ltd.
Yardeni-Gelfand Trusts (2000) Ltd holds these shares on trust for Shaike Gilad.
Posted at 25/2/2013 18:56 by marab
MAJOR SHARE HOLDERS

As at 29th January 2013, the Company had been notified that the following were interested in 3% or more of the Company's share capital:

Consolidated Resources Pte Ltd 25.2%
Viking Investments Limited 20.2%
Mrs Kesava Padmavathi 12.5%
Mrs Caryl Melissa Jane Pienaar 11.5%
Loxley Holdings Pte Ltd 5%
Iron Ox Investments Pte Ltd 5%
Jim Nominees 4.6%
Srirekam Kesava Pourushotham 4.5%

Total shares: 60,060,998. Shares not in public hands: 87.2%


mince and pie

mince and pie
.
Posted at 11/12/2010 11:00 by marab
I have been asked how many performance shares TW (TIM) will qualify for if the share price doubles. The answer is - none. TW gets rewarded on the value of the NAV and the share price doesn't come into at all. Good definition of NAV on

"The total value of a company's assets less the total value of its liabilities is its net asset value (NAV). For valuation purposes it is common to divide net assets by the number of shares in issue to give the net assets per share. This is the value of the assets that belong to each share, in much the same way that PE measures profit per share."

TW example from the Q and A session in the heading.
A. It is NAV per share that you should look at. If the company has £100 and 100 shares and it raises another £200 at £2 a share then NAV goes to 1.50 per shares which is GOOD for shareholders. If it raises another £200 at 50p per share then NAV per share goes to 60p. That is bad.

The share price is only a reflection of how investors look at the future potential capital and/or dividend growth of the stock. If TW can keep doing deals like the Ascot one you could reasonably expect the share price to be higher than the NAV. Many investment trusts and companies have a price less than the NAV, some up to 50%, depending on how popular the area of investment is. SVE's share price for example had a large discount to NAV the last time I looked but has a portfolio of good shares. What will make the difference here, in my opinion, will be regular updates on what TW is investing in so we can follow his progress. I personally find it hard to keep much interest in a stock when I have no clue as to what it's doing. Look at DXR, HRE's 'sister', to see the effect of no news. (Incidentally, you might want to look at DXR which will be investing in silver related stocks, but hasn't invested a penny yet). At the end of the day the only fundamental factor in the price of a share is whether investors are generally inclined to buy or to sell it.

From the Q and A in the header (with thanks to Kennyruss for collecting the questions from us and arranging for TW to answer them),

Q. What are the current share holdings for HRE?

A. What does HRE own? The board has yet to set a policy on disclosure.

I think that at the moment the share price here is holding up quite well bearing in mind the only investment we know about is Ascot which was only about a third of the investments in cash terms. Fans of TW might be an additional reason for the share price. Holders in his t1ps gold fund might be looking for the same performance here.
Posted at 08/12/2010 10:58 by marab
Last Updated 20 May 2014

LATEST NEWS
13 May 2014
The company announced the resignations of Mr James Fyfe and Mr George Cardona as directors of the company. Mr Julien McInally will assume the temporary role of Executive Chairman.

It also announced that domestic sales in the first four months of the year have already reached 68% of the total sales achieved in 2013.
RNS

THE USUAL ADVFN GRAPHS ETC WILL APPEAR HERE


DISCLAIMER
The information in this header is for discussion purposes only and expresses my personal view of Strategic Minerals. I am currently a holder of shares in the company.

COBRE 1 STOCKPILE



Each cone shaped heap contains 300 tonnes
Photograph courtesy of thehog

THE CASE FOR INVESTMENT

Strategic Minerals has the rights to process and sell approximately 1m tonnes of 61.7 % Fe Magnetite at the old Cobre mine in New Mexico. The current agreement allows the removal of 11,000 tonnes per month which gives a production life of over 9 years.

Overpaid inefficient management, which presided over poor achievements and a collapse of the share price, has recently been replaced by new directors associated through the direct involvement of Strategic Minerals biggest single shareholder Mr James Chisholm (4.34%).

A recent placing of 125m shares was carried out to raise £1m at 0.8p and in addition 45m shares were issued to Glencore International. My guess is that the 45m shares represent a payment to exit the export agreement between them and Strategic Minerals but I have no evidence to confirm that. There has been a large seller in the market for some weeks, perhaps Glencore, which has depressed the share price further.

I believe that the new directors are more than capable of turning the company around and have already started to do so by cutting overheads, exiting the unprofitable export agreement with Glencore and concentrating on raising the volume of the very profitable domestic sales (gross profit margin was 48.6% in 2013 at $33.5 per tonne). I also expect them to locate and bring into production low cost profitable stockpile projects as set out in their new Corporate Strategy. The current low share price offers a promising investment scenario, and the change in management allows Strategic Minerals the opportunity to achieve its full potential.
Click here for more detailed information (LINK TO POST 2)

THE BUSINESS

The company currently has two distinct areas of business, Commercialisation of Stockpiles (as fully operational at Cobre 1) and Exploration of Potential Iron Ore Resources based on their wholly owned Iron Glen and Jotanooka tenements in Australia which are prospective for magnetite and other minerals including silver.



Commercialisation of Stockpiles has the advantage that the source material is clearly located and readily accessable either at surface or near surface. In contrast Exploration tends to be an expensive strategy with uncertain results.

My personal opinion is that Exploration will be a non-core interest for Strategic Minerals in the future, and while the new directors will aim to fully realise the value of the Australian assets they will be sold on to mining interests at a suitable point


COMMERCIALISATION OF STOCKPILES

In my personal opinion I expect Strategic Minerals to concentrate on locating stockpiles of waste materials of any mineral type that can be quickly and profitably processed. While the company currently only has the Cobre Stockpile I believe that the new management have the contacts and experience to add significant value through new Stockpile opportunities which are actively being assessed.
Click here for more detailed information (LINK TO POST 6)

WHAT IS MAGNETITE?
Magnetite is a naturally occurring oxide of iron, and is one of the main source of iron ore after hematite.
Other than steel production other uses of magnetite include coal washing, water filtration and the production of heavy concrete.
Magnetite is produced from both stand alone iron ore mines or as a by product of mining other minerals. It is often associated with copper and gold rich ores, and liberated magnetite can be found in existing tailings storage facilities such as the Cobre project in New Mexico
It is the most magnetic naturally occurring mineral on Earth and was once used in compasses.


Click here for more detailed information on Magnetite (LINK TO POST 4)
Click here for the uses of Magnetite (LINK TO POST 5)

EXPLORATION OF POTENTIAL IRON ORE RESOURCES

The company has various exploration projects in Australia and more information can be found on the company's website. There may well be some potential for selling these projects but I do not think that Strategic Minerals will mine these projects themselves due to the capital costs involved.


THE DIRECTORS

The new directors Mr Julien McInally and Mr Lyle Hobbs were introduced to the company through their association with Mr James Chisholm who provided the focus for the recent director changes. They have a good track record and have already initiated radical steps to improve the financial viability of Strategic Minerals. A new non-exec Chairman will be appointed in due course.

Mr Julien McInally has executive responsibility for the Strategic Minerals interests in Australia and currently acts as Executive Chairman. Mr Lyle Hobbs is based in Utah, USA, and has executive responsibility for the Company's interests and operations in the North America
Click here for more detailed information (LINK TO POST 3)

USEFUL LINKS





FLAGCOUNTER
Count restarted 30.12.12
Posted at 01/12/2010 12:27 by marab
Please correct the following as needed for HRE
Number of shares = 165 million
Current price = 0.75p
Total cap = £1,230,000
Ascot deal
£429,999 convertible at 20p per share = 2,149,995 shares
warrants convertible at 20p per share = 3,009,993 shares
Total on conversion = 5,159,988 shares
Current price of Ascot 40p = £1,031,998 profit if all options were converted and sold plus we get the £429,999 back (0.887p per share).
For every 10p in price of Ascot HRE would make another £516,000 profit (0.31p per share)
Ascot share price at £1.00 would = share price of 2.5p
I have ignored the dilution of the convertibles and warrants as it will only add 0.3% to the number in issue. Also ignored RRR investment.

Ascot is producing gold now and ramping up production to hopefully 150 tonnes per day.
Both RRR and T1ps will be pushing Ascot up to the AIM market as soon as possible. The market and liquidity in the shares will improve as will its visibility to investors.

Any thoughts on the future share price of Ascot just on a move to the AIM market?
Or the value of Ascot on producing 1,200 oz per month ( targeted for first quarter of 2011)?

Picked up some more this morning because if a gold mine can't do well at this point in time there is a severe problem with management. The fact that AB from RRR is happy with the management is a plus point for me, so happy to buy and wait for the move to AIM.
Hameldon Res share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock