Trans-siberian Gold Share Discussion Threads

[klosters65] 07/10/2020 21:37

What tends to happen to the share price after the ex divi date?

[specialist is the living god] 07/10/2020 19:30

Another great day.

[specialist is the living god] 07/10/2020 06:46

Day before a 6.6% ex div date = we will hit 110p today

[specialist is the living god] 06/10/2020 23:13

Buying more tomorrow. Already a sizeable position. Expect a 5% move upwards tomorrow. 👏👏👏👏8079;

[linton78] 06/10/2020 19:19

TW_PeakyTrader=Specialist is the living GOD. CntWith multiple ids

[ukgeorge] 06/10/2020 16:42

Nice rally today, buy some more tomorrow Specialist

[specialist is the living god] 06/10/2020 15:15

We are going through the roof here. Good luck all longs.

[specialist is the living god] 06/10/2020 15:15

Excellent. Managed to buy another lot at 104 right now.

[specialist is the living god] 06/10/2020 15:11

Trying to buy more but not enough stock available for my needs. 😀😀

There is a loser out there called Linton who is short this stock and has been talking about it on the BPC board (have a look). About to lose loads as we hit 130p in a few weeks.

[specialist is the living god] 06/10/2020 15:09

Gold up and bouncing from 1900 level. We will pass 2000 before Xmas and this stock will pass 130p well before that. Happy days.

[specialist is the living god] 06/10/2020 15:07

Magnificent opportunity in this stock. Just loaded up before the dividend - above 6% and sustainable given current gold prices. With uncertainty in US increasing and Covid fears to continue into winter we can expect a big rise in gold prices.

Happy days. Can see hitting the 2019 high of 130p within a few weeks.

[tom111] 05/10/2020 16:01

Gold on a roll

[mattjos] 02/10/2020 13:46

Results statements dont get much better than this:

"-- Interim dividend of $7 million resulting in payment of $0.08 per share (H1 2019: $2.0 million resulting in payment of $0.023 per share)

-- Largest single dividend payment made to date in the Company's history; total capital returned to shareholders $40m

Current Trading & Outlook

-- Operational performance in Q3 2020 has been in line with Q2 2020 during which it produced 11,419 oz. of gold with an average feed grade of 7.57 g/t.

-- Gold prices have remained very favourable with an all-time record spot price of $2,067.15 recorded on 6 August 2020
-- Strong cash generation expected and positive future prospects for the Company
-- TSG expects to publish operational results for Q3 in October 2020
-- Upgraded dividend guidance for the full year to be announced shortly
-- Firmly on track to achieve full year production guidance of 38,000-42,000 oz.

Alexander Dorogov, CEO of TSG, commented:

"I am pleased to announce our interim results for the first half of 2020.

This year was to be, and has been, a year of transition from the Main Zone to the East Zone of the Asacha Gold Mine. As anticipated and in line with our mining plan, we have mined lower grades in the first half of this year. However, we successfully adjusted for this during the second quarter, when we began to process high-grade ore from Vein 25 North. Lower volumes produced sold at higher gold prices has enabled us to report H1 revenues largely in line with last year's record first-half results. Work continues to progress with the development of this promising ore-body.

Our business has structurally improved as we mine a higher grade deposit and generate attractive free cash flows from our operations. We are pleased to declare our largest single dividend payment ever and maintain our objective of delivering attractive returns to shareholders.

Furthermore, we have made solid explorational progress during the period, completing our 25,000 metre drilling programme at the Asacha licence area. We look forward to reporting the results of drilling at Vein 25 and the other highly prospective exploration targets at the Asacha Gold Mine."

$0.08c = £0.0615 on current exchange rates. That's over a 6% Yield for the Interim Dividend and looks very much like they are guiding more to come in Q's 3 & 4.

With gold back over $1,900 & plenty of near-term reasons for it to trend higher in Q4 this year & Q1 next year, this looks ridiculously cheap at £1.02 to buy

[corrientes] 02/10/2020 13:44

Investors moving out of CEY ?

[klosters65] 01/10/2020 13:19

Three market makers are offering the shares at 99p. The last three buys were at that price.

[2603] 01/10/2020 13:04

Can’t even buy a grands worth.

[tom111] 01/10/2020 10:59

cant buy a bean

[mattjos] 01/10/2020 10:31

I've been having some more of these based on those results … cracking dividend and clearly more to come this year. Q3 figures shortly look likely to be stunning based on current gold prices.
I really do like the professionalism of the management reporting & their longer-term strategy is taking shape.
Very tight to buy this morning and now NT only

[eezymunny] 29/9/2020 13:24

If you plug in the current gold price and production forecasts, you see how much they´d make in H2. Big numbers.

Lots of variables and a tough business of course!

[2603] 29/9/2020 10:59

Doc, I agree I think under the circumstances these are a fair set of results. I have a good few thousand of these and I am happy to hold for a while. I like the way this company is run, with shareholders in mind. It’s not a massive gold company but they pay a good dividend, especially compared to other companies. You only need to look at the banks and a lot of FTSE companies they are paying nothing.
We are in a secular bull market that could last years, the free cash will only get bigger. I also like the surprises when they announce updates of their exploration. Next year this will be debt free, I would buy more if I didn’t have so many compared to my mining portfolio. Keep up with the good thoughts and comments.

[ukgeorge] 29/9/2020 10:18

the high grade in Q3 will see the AISC reduce.

"Operational performance in Q3 2020 has been in line with Q2 2020 during which it produced 11,419 oz. of gold with an average feed grade of 7.57 g/t."

[doc_oj] 29/9/2020 08:54

that is almost 7% interim dividend and we have a disappointed lot! either i am easily pleased or i dont know what to say, lol :)

[qs99] 29/9/2020 08:38

odd reaction given divi announcement and confident Q3 really....as you say, need to improve AISC

[paleje] 29/9/2020 08:28

Agreed Colin. On track for FY 38-42k production, grade improving, must be happy with Q3 as they make a point of saying will be reported in October and the divi says 'confidence'.

Yes they need to improve AISC, they know that.

[c0lin1] 29/9/2020 08:09

i was a little disappointed but the cash generation in the 3rd quarter must be great and that dividend shows how confident they are going forward.
They certainly havent overplayed the effects of covid as they have only mentioned it once.