Trans-siberian Gold Share Discussion Threads

[space_dust] 11/3/2019 05:58

Added Friday whilst it remains quiet, expecting a strong re-rate, number of catalysts as to why, when it moves it will be fast.

[thecoyone] 10/3/2019 22:28

Gold moving up on Friday, always good for the producers.

[observer007] 10/3/2019 20:30

The issue here is actually being able to buy a decent slice of stock, the free float is so small, namely 14%.

I am hoping to build a position in excess of 100k of shares - but so far find it hard to gather batches of 5k before they cut off on-line - you then have to go to limit order.

I suspect this will move up over the next month, Q1 numbers should be excellent, target 97p - not sure but would not be surprised.

[thecoyone] 10/3/2019 13:41

Trans Siberian Gold (TSG) 48p

There are a number of strong signals the shares are ready to move higher - they have consolidated at current levels from a decent up move. That is a good sign.

What is exciting is they are now moving into, what appears, a rich seam of gold, they mentioned 8 g/t in the last update - this would suggest increased production and lower costs.

Also and below radar is the massive electricity cost reduction - they are now getting power at only 7c k/h - that is one of the lowest costs in the world for electricity supply.

I think this is ready for a major move up - I expect the Q1 numbers to be released mid April - the market should like them and may start buying ahead of that update.

Remember they paid 6.3p in dividend in FY 2018.

I still think 90p is a fair target therefore - Cantors target 97p

[avsome1968] 08/3/2019 08:46

Well guys sold out this week 14 point gain really happy with that in short space of time looking at charts TSG usually retracts around this time so taking my profits else were all the best guys my be back in end of the year good luck all.

[rolo7] 01/3/2019 15:16

Lots of buys again, dividend investing?!

[observer007] 01/3/2019 07:26

Under radar but not for much longer, a rare find, a resource company on AIM that actually delivers and pays a juicy dividend.

Yields over 12%

[thecoyone] 28/2/2019 20:17

This is looking an even better sector play - people looking around the market for value and income (13% yield) look no further.

The dividend at CMCL may be cut due to legislation changes, some invested there may come here.

I cannot see this kicking around current levels much longer - when it moves it will be fast.

[basem1] 28/2/2019 12:26

47.52-48.75 after that delayed buy this morning. Can sell 20,000 at that level too.

[basem1] 26/2/2019 14:27

Considering not much free stock available there's still plenty of selling.

[space_dust] 25/2/2019 12:08

Noticed some selling out of AAZ this morning after the update, this looks a better bet for capital growth and dividend yield.

Next stop could be 75p

[thecoyone] 25/2/2019 06:45

This has to be one of the most undervalued dividend paying companies on AIM, an established gold producer that yields around 13%.

Accepted the yield is based on payment of a Special Dividend, with gold higher now than last year they will surely pay another SD again.

This is a no brainer to me, can see the share price reflecting the outstanding yield and higher earnings potential moving forward.

Cantors target 97p - now 49p to buy.

[observer007] 24/2/2019 22:20

Interest is building in TSG.

[space_dust] 24/2/2019 21:10

86.4% of this company is tightly held - hardly any free float


Holder Total Beneficial Holding

UFG Private Equity Fund I, L.P. 28.1%
UFG Special Situations Fund L.P 21.0%
Destin Investment Management Ltd 13.9%
UFG Investment Company I Limited 9.7%
UFG Investors Limited 5.5%
Florian Fenner 3.1%
Petrovka GmbH 1.6%
Vadim Ognestsikov 1.2%
UFG Russia Select Master Ltd 1.1%
Robert Sasson 0.6%
Adrian Parkinson 0.4%
Total 86.4%

[rolo7] 24/2/2019 18:40

I wonder what the cost saving is due to the new electricity deal announced before Xmas?!

[broken_arrow1] 24/2/2019 15:30

The fact this is below radar makes it even better - took some more on Friday - posted this a few weeks ago, same applies now except gold is higher.

I see this as a £1+ share, a market cap of £100m (now £49m) is entirely justified based on a number of metrics.

What is there not to like........

Record production of 42,000 oz
Increasingly higher grades (9 g/t)
Low cost - $600oz
Progressive dividend policy
Currently yields 13%
86% of shares tightly held
Highly cash generative

Impossible to buy in any size, 86% tightly held, can see a major move coming.

[thecoyone] 24/2/2019 12:57

Smaller buyers were coming for this all of last week, it has consolidated nicely from the move from 35p to 45p but now looks ready to go far higher.

With gold above $1300, it is a nigh certainty that they will declare another Special Dividend meaning the yield will be 13% - it could even be more if they increase the interim and final dividends also.

For yield and growth there cannot be a better GOLD play on AIM

This could easily go through £1 (£110m m/cap) and still be cheap based on that yield.

[someuwin] 21/2/2019 11:34

This one looks very cheap at these levels.

Should be a lot higher - surely.

[meanreverter] 19/2/2019 22:38

Jeanesy — No. I'm saying that we have no idea how long TSG will be able to go on mining. But it will likely be a good deal more than 6 years. For comparison, Caledonia has been operating its Blanket mine for more than 100 years, but never had more than about 4 years of reserve at any time. Perhaps you are thinking of opencast mining, where the reserve is often well mapped out and really does indicate the total mine life.

[jeanesy] 19/2/2019 18:50

So are you saying that the company is simply going to pay back all its revenue in special dividends and not look at increasing its mine life, in which case the company will only be around for another 5/6 years ? If so that is not a case for investment in my book . You are just paying upfront to get back your money in 5/6 years ?!

[meanreverter] 19/2/2019 16:19

Jeansy — It's quite normal for underground mines not to spend a fortune drilling out their resource for hundreds of metres at depth. They just keep mining, and only drill a moderate way to see what direction to go in. Actually, 5–6 years is quite a comfortable margin for such an operation.

[jeanesy] 19/2/2019 10:20

I have had a quick look here. Cant find any info about life of mine though . was 345K in 2017. Has about 5/6 years left then? Are they drilling to find more resources ? If not then what are there plans for the future as 5/6 years is not a long time. Please correct me if im wrong !

[broken_arrow1] 13/2/2019 08:11

It was the progressive and generous dividend policy that re-rated AAZ from below 40p to 90p+

TSG have clearly stated they will adopt a similar approach, they also had record production recently, moving forward higher gold grades are expected.

The numbers speak volumes 6.5p paid in FY period verses 48p share price - outstanding opportunity in my book.

[thecoyone] 13/2/2019 07:58

With the gold outlook looking rosy, now above $1300 it is a nigh on certainty TSG will pay another Special Dividend next year, if so the forward yield is a very reasonably secure 13%

I am staggered this is not 80p-90p now, it can only be a matter of time.

[wanobi] 11/2/2019 19:38

apols to all for going off thread there, no offence... back to TSG, looks to be an awesome opportunity.... GLA, cheers Wan