Mineral & Financial Inve... Share Discussion Threads

[waggle] 26/11/2019 15:40

so a quarterly increase in NAV of 6.22% and no account of post year end/september upgrades, though there has been some further downside in the form of Ascendants share price at 20c (as in less than 35c paid for top up and the 110c t/o price.) BUT the future ascendant payments of 6.6p per share plus a further possible 5.5p most certainly are not fully in the NAV. back to sleep until the LS PEA at the end of December?

[dave4545] 04/10/2019 09:07

Online it's 11.99 or full offer more or less. Been drip sales all week but mm's will take this right up on any support.

It's crazy it's back down this low after the last update.

People pile into Vast/Prem but nobody has noticed this gem

[btfd] 26/9/2019 14:44

Such a well ran company, with a great CEO. Added heavily into gold at the lows last year, and have got Lagoa Salgada running risk free. Funded and growing. The market will catch on in time.

[matt123d] 25/9/2019 15:29

Should see 15/16p level

[dave4545] 25/9/2019 15:22

Cannot even buy 1000 shares at 12.5p

That is why they dropped the bid to 11.5p to try and shake anybody out.

Selling that upgrade and outlook from Asecendant is nuts at these levels

"Ascendant believe there is ample opportunity to expand the resource substantially"

[btfd] 24/9/2019 22:38

Well this is nice. I am not entirely sure of the catalyst but I will take it regardless :-)

[red army] 24/9/2019 15:57

carlsagan1

The problem is that you are dealing with a moving landscape insofar as what is a good deal today may not be a good deal tomorrow as you have discovered.

[waggle] 24/9/2019 15:50

que passa, a leak methinks?

[waggle] 17/9/2019 12:11

so just when is "imminent"? re update?

[carlsagan1] 20/5/2019 17:29

Any of you gentlemen used X-O(by Jarvis) or iweb-sharedealing(by Halifax)?

As Interactive Investor will be increasing there fees again from 1st June from £22.50 a quarter to £40/£80, I have deicided its time to leave ii

x-o and iweb offer a simple flat trade-only fee of £5.95 per trade and have no inactivity or monthly/yearly admin charges...

any suggestions plz post.

[btfd] 13/5/2019 08:43

There you go..I wasn't far off ;-)

NAV per share on March 31(st) , 2019 was 13.65p, up 88.3% y/y, and +9.8% vs Dec 31(st) 2018

Point to note:

The Company's cash position, as at the quarter end is GBP 401,544, while its working capital is GBP 4,832,434.

So they have over 5 million between cash reserves and capital invested (which can be liquidated at any point).. Bargain.

[btfd] 01/4/2019 13:57

They'll tell us in the next update. If you look at their results, they listed all of their investment portfolio. A quick glance shows you plenty are up a lot since end of 2018. At a guess I would say NAV is around 13-14p now.

[red army] 01/4/2019 13:45

So what is it now???

[dave4545] 01/4/2019 13:25

12.54p end of year

[btfd] 01/4/2019 13:25

well in the update RNS february says end of 2018 below.. but since then most of their investments are up a fair bit, so it's higher now.--NAV per share at Dec 31, 2018 up 72.5% to an all-time high of 12.5p against the same period last year

[red army] 01/4/2019 13:19

What is the NAV as not declared on RNS???

[btfd] 01/4/2019 12:45

another good RNS .. completely undervalued here . NAV is way higher than today's price and climbing

[waggle] 01/4/2019 12:15

could you post a link to the RNS? i am having difficulty in finding it.

[phil1969] 01/4/2019 11:36

Coming together nicely.

Excellent RNS from Ascendant with 15km of drilling planned for 2019

[btfd] 21/3/2019 09:28

strong results from ascendant resourceshtTPs://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2019/Ascendant-Resources-Reports-Strong-Fourth-Quarter-and-Full-Year-2018-Results/default.aspx

[btfd] 13/3/2019 11:38

hTTps://www.proactiveinvestors.co.uk/companies/news/216204/on-the-cusp-of-a-world-class-asset-mineral-and-financial-offers-broad-exposure-to-commodity-markets-with-particular-upside-from-a-growing-zinc-resource-216204.html