Trans-siberian Gold Share Discussion Threads

[scottishfield] 18/6/2019 08:19

Tks all, much appreciated.

[mattjos] 18/6/2019 00:00

sorry scottishfield .. missed your earlier post. I calc 10%+ .. at which point i simply started and kept buying. market has completely overlooked this. should be minimum £1 but, i expect more. Management are exemplary

[robward] 17/6/2019 22:59

I make the prospective yield for y/e 2019 10% based on 88m shares in issue and a payout of £6m (same as 2018). However , if gold stays at current price then no reason why divi payout couldn't be increased by 20% and therefore a prospective yield of 12% as alluded to by rolo.

[scottishfield] 17/6/2019 21:58

Thank you rolo7, much appreciated.

[rolo7] 17/6/2019 21:46

I make yield 12% at 70p share price on assumption on increasing dividend forecast by 22% for the new tresuray shares.

[mattjos] 17/6/2019 16:30

"Gold production is expected to improve from July 2019 onwards, with mining commencing in Vein 25, and following the installation of the permanent water pumping station."

[scottishfield] 17/6/2019 16:19

Matt, what's the current yield here ?

[mattjos] 17/6/2019 16:18

Beyond me why folk would sell any here just now but, seems to be a few here who don't have a calculator

[momentum1] 17/6/2019 16:15

Gold up, new director on board, price breaking all time high. 100p is the psycological barrier to get over.

[mattjos] 17/6/2019 16:01

Too early to set a target, imo. Not with gold price in the ascendency

[momentum1] 17/6/2019 15:53

Looking neat here. 100p is my target given the update

[mattjos] 17/6/2019 14:55

Nice simple update. Let's see how long they market takes to do the maths now

[bmcb5] 17/6/2019 14:54

Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce that the proposed Buyback of shares from UFG Private Equity Fund l, L.P and Destin Investment Management Limited has been approved by its shareholders.
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another nice share price move. This company is growing on me

[rolo7] 17/6/2019 14:53

Trump decorating again nice move up

[zangdook] 17/6/2019 10:59

Trump redecorating his bathroom is probably enough to send the gold price up.

[rolo7] 17/6/2019 09:40

Nice early move 70p end of week Iran worries?....

[fozzie] 14/6/2019 09:23

Yes i was in for a few early doors Matt

[mattjos] 14/6/2019 09:09

Market sound asleep on TSG. Should be nearer a £1 now

[mattjos] 14/6/2019 08:34

Lovely RNS. Took few more. Can't ignore the chart here or POG

[breaktwister] 13/6/2019 18:22

Should see some new interest here with gold bullish and Stockopedia upgrade

[callmebwana] 13/6/2019 17:44

I am a very happy holder here. Just have to put these away and get the Divi as well.
Gold on a very good run as well. Watch this go up when the FED brings the Interest Rates down.
GLA.

[rolo7] 13/6/2019 11:46

Record volume? Stockapedia update stock rank to 99 free cash flow was holding tsg sr back

[mattjos] 13/6/2019 09:59

7 year hi now

[mattjos] 13/6/2019 09:24

few more for me.

[mattjos] 12/6/2019 15:43

closing only with IG so, I assume this buying activity is for 'real' shares.
Once the overhang is bought out and shares returned to Treasury, the divi / share should increase and so to will other 'per share' metrics such as Net Assets / share.

I was very impressed with their last FY statement … exceptionally professional & this was a great section:

Outlook and priorities

Looking forward into 2019 and the coming years, our strategy is for TSG to become a premier mid-tier gold producer and developer, a goal we aim to achieve through enhancing our existing operations, utilising our stable platform for future growth opportunities and pursuing selective accretive M&A opportunities.

We have made a strong start to 2019 and notably expanded our asset portfolio through the acquisition of Rodnikova.

We have a strong investment case and believe our commitment to an attractive and stable dividend pay-out should increase interest in the Company's shares and the Company more widely.

We are committed to acting in a responsible manner, protecting the environment, safeguarding the welfare of our employees and maintaining good relationships with the communities in which we operate.

Our achievements are only made possible by the positive contributions of our skilled and talented team. I am grateful for their efforts over the past year and look forward to working with them to deliver future growth.