SoundDT
10 Jul 2018
Good to interview with Julian Treger
Dusty42
09 Jul 2018
Telegraph on Brazilian Nickel Maybe it’s just a case of getting used to… but it’s not really growing on me yet. Suspect subdued price is trade war related because if things really kick off lots of stuff will suffer, met coal included. I was also crushed recently when google finance got rid of the live updating portfolios. You don’t realise how much you value a thing until someone like google snatches it away over night and replaces it with something far less useful!! I still haven’t found anything I can have sitting open in one tab displaying all the live prices I want.
The_buzz
09 Jul 2018
Telegraph on Brazilian Nickel Surprised by the drop in price - so just added 4036 at 134.8399p. I am now more or less fully loaded with APF, but suspect that the graph is pointing to a support level with buys around 135p. With Boris going and the £ languishing against the US$, again the sentiment should be up. Brazilian nickel announcement should really be a positive as it maps out a mine development that will give APF some revenue. Perusing the price of coal, I still see a strong revenue stream. Coking coal price might be be low $200/mt now, but it still gives a good royalty - and as for thermal coal - that is doing really well. Yes I do find it hard to operate with the new ii layout. I miss things like a new RNS etc etc. Not to mention the spread. Halifax seems to give portfolio option that allows one to have RNS/ Price alerts. The Buzz
Dusty42
09 Jul 2018
Telegraph on Brazilian Nickel The old forums were pretty simplistic, but this new UI / forum just makes me angry. Why do I want to see a list of supposedly similar topics to the one I am posting taking half the screen? (btw they are not similar). Also why force me to select a pointless category. Anyway. Mention of APF in below article: The Telegraph Brazilian Nickel targets slice of battery market with Aim listing A mining company hopes to feed growing demand for electric vehicle batteries by digging up nickel and Âcobalt in Brazil.
reevesfamily4224
04 Jul 2018
sp Hi Buzz, thanks for that info. Much appreciated. I am delighted the way prices are holding up but must admit I thought by this date we would have had at least one new deal, if not two. Equally though I don’t want them to overpay on a deal ! Regarding Hum I have a very small holding and not being following it too closely. By comparison I have a much larger holding in apf which has been steadily building up.
The_buzz
04 Jul 2018
sp Just got cut short by iii on that post! I was going to add that the thermal coal price keeps on increasing. My musings tell me that high thermal coal prices should give support for hard coking coal price at that iis the premium product. The intermediate grades of PCI, soft coking coal etc have higher calorific value than thermal coal and should be less polluting than thermal coal and consequently should be enjoying more demand. That makes mixing lower grade thermal coal etc with hard coking coal in steel making less attractive so that should increase the demand for hard coking coal - ie the coal from the Kestrel mine. I would like to $200/mt price but I think that will be awhile to come back to that level with all the confusion regarding tariffs on steel. No steel producer is going to take excessive risks. So I see a useful royalty from Kestrel, but not as much I had been hoping for. The Buzz
The_buzz
04 Jul 2018
sp Vanadium I seem to be locked out by iii for new posts due to inability to access a draft! Any way vanadium has had some good info:- prnewswire.co.uk CRU: A Price Spike with Staying Power - A Look into the Vanadium Market LONDON, July 2, 2018 /PRNewswire/ -- Vanadium prices have risen sharply since mid-2017, sending investor interest –... so the outlook looks good and I notice that the price of V2O5 has recently increased to about $17.15 in Europe|:- [link]
The_buzz
29 Jun 2018
sp Well done for getting in sub 140p. I got a qoute last night at 140.68p. I am a bit wary at buying at this level if a better opportunity might suddenly pop up in the low 130p range. The yield is looking good at this level. I have some more gun powder to fire - it is more a case of deciding when to light the blue touch paper. I keep checking on commodity prices - and they are still strong. Gold slipped a bit but the is due to the strong $ - and of course with the weak £ we get lots more £ for the royalties priced in US$. Oh I went to the HUM AGM. APF have a royalty at Dugbe. It does not look like HUM currently has the cash needed for this huge mine - but seems to be actively promoting a joint venture with a larger outfit. The Buzz
reevesfamily4224
28 Jun 2018
sp HI Buzz,I managed to pick up 1500 at 135 but had bought far more the day before at 1.44 thinking I had done sooo well. The price seems to be moving around an awful lot in the last couple of days and I’m not sure why. From the 140s to 128 then the bounce back to 141. I really hope a deal is announced soon as the £750K deal was a minnow and did not touch the war chest they have been accumulating. I don’t want them to blow the money but if they want to achieve there objective of three to four deals this year they need to get on and close the deals as I think the last major one was last September . At the agm one of the directors said they had looked at over 100 potential deals last year. Fingers crossed for a good news soon. S
The_buzz
28 Jun 2018
sp Quite a dip yesterday with a strong bounce. I was cursing as I was unable to join in the bun fight. Not sure why, but gave a good buying opportunity. I notice a bit of wavering in Trump’s stand and I suspect a resolution of sorts won’t be that far away. That is important as manufacturers can then plan their production targets and identify what materials they need. Just had another look at thermal coal royalty - 1% with 6.1mt production this year alone (see earlier post). Thermal coal prices are really strong still helped no doubt by the strong price of oil. I won’t post links as my ii discussion post seems to go in limbo when I do!! Throw in the very weak £ to $ and this is really good income. Noddy calculation $105$ at 1% gives $1.05/t, mid production target of 6.2mt gives $6.51$. £ now below $1.31, so income £4.97m. cf The APF web site says Group received royalty income of £1.9m for the six months ended June 30, 2017. 181m shares in issue so that alone is about 2.7p a share - unless Dusty42 spots a mistake! At the current share price that is a return of about 2% alone - and next year production will be better with guidance of 7.7mt - but who knows what the coal price will be then? The Buzz
The_buzz
22 Jun 2018
loaded up I have just re-invested the lot that I sold at 154.5p only a few days ago at 143.5p (9596 shares). So it’s a buy of 10262 shares with current spread of 143-144p. I suspect that this purchase temporarily stopped the ‘rot’. The buy case is marginally not so strong compared to a few days ago although the £ did fall quite a bit - it’s Trumps’ disruption of trade that may be having a depressing effect on commodities like coking coal if the manufacturer are unsure what the effect of US sanctions is on their product/ manufacturers may be less inclined to stock up on key metals for (say) battery manufacture. I take the view that something will be resolved fairly soon and that prices may strengthen a bit. Even at current prices things still look good for APF (in my opinion). The Buzz
reevesfamily4224
14 Jun 2018
RNS New Copper Royalty Broker upgrade yesterday from 181 to 190 ! Met JT at the agm and it was clear he is still a very ambitious man. I asked him where he wanted to see the company in five years time. His answer was a £1Billion pound company and at least eight deals a year. Unlike many companies, Anglo Pacific seem to have clear goals and a plan of what they want to achieve. I did not realize they only employ 10 people so overheads are very low. Congrats on the profit. Any profit is a good profit in my book. Re the set up I agree. It is not as good as the old one and far less user friendly. I would not be surprised if the next deal is a much larger one. I note we are 3p up as of this morning
The_buzz
13 Jun 2018
RNS New Copper Royalty Glad that my posts were useful. I am struggling a bit with the new set up. I sold nearly 9546 shares today at 154.5p as I had over bought earlier and 10p a share profit was too good to turn down - one never knows where the top is so I set prices and try to be satisfied with what I get! I do not see much happening on the commodities front at the moment -prices seem to be drifting a bit with coking coal - but still very good - plus thermal coal is still very strong. Other commodities seem to have steadied of late. I must say that that the flow of large dividend payments into my bank account has made a rel difference recently! Medium term, with the lower value of the £, APF should continue to do very well with its royalty income. The Buzz
Dusty42
08 Jun 2018
Re: RNS New Copper Royalty Greetings buzz, not had a change to look at the rns in detail yet - I wanted a copper royalty.. but from a glance this prospect seems to have no defined timetable to production which wasn't exactly what I was hoping for.For the U, it's just a question of time imho. You can't have the price remain below the cost of production forever. Bky is now listed on the main market in london and will soon be listed in spain. Just a case of permitting and construction now for them to get mining hopefully!
The buzz
08 Jun 2018
RNS New Copper Royalty First glance it sounds a bit odd to buy a royalty for a consideration of $1m payable in APF shares. Not quite the mega deal that was were expecting. I will have to read this more carefully. Any views Dusty42?Was there a share price movement due to this - possibly ? It is the 'right' commodity according to the APF shopping list.The B
