Re: Congrats to all LTH At this SP the company is still only valued at £330m, so potentially we still have at least a five-bagger from here if you factor in future dividends and increased production.
Re: Congrats to all LTH About 12 months ago (I think), the market forecast the SP would reach 250, its nearly there.How much higher can it go or is it at maximum?
Re: Congrats to all LTH To all those that have sold lately,you should have read my posts, especially on the 17/02/ Thogh I did not expect this big rise over the past week. Bill
Congrats to all LTH People, I got out of EMED some weeks ago at 2.19 thinking that 2.25 was the upper price for this stock, but after having watched it for many years and saw my investment fall, once I broke even I had to move onto VOD. Anyway its hard to totally lose interest in this company, as I saw so much potential ( as did the Chinese ) back in the day.So well done to those who stayed the course longer than me, you deserve your rewards. Big decision now for me is, after my VOD dividend, do I get back into ATYM !!!!!
Good news keeps coming Excellent update re. Touro this morning. Cheap to acquire, cheap to build, simple to mine and low cost Cu.2nd piece of good news following the Q1 update. PRT resource update and Q1 numbers still to come so the good news does not stop here.....SBT
limit lifted Had a limit sell on for quite a wile @ 225p lifted today.
Re: Rumbo Royalty dave, its the other way around:Rumbo are giving up their right to receive up to $1M per year (for up to 10 years, and as long as the copper price remains high enough) in exchange for approximately 1.6M shares (valued at $4.75M now). So they now have more shares, and I presume that they , like us (or me anyway) expect the SP to go up, and (as soon as the Astor situation is resolved) there is the prospect of dividends too.
Re: Rumbo Royalty Why would Rumbo or anyone else sell right now-we are very profitable,our productivity will soon increase substantially,our resources are likely to be substantially increased,our new inecis likely to win approval resulting in further increase said in production,Astor will be resolved soon
Re: Rumbo Royalty 1,600,907 new shares should be a dilution of about 2.5 pence (based on current SP).After a 50% rise in the SP in the last year, I agree that's a great deal. And if (sorry, when) the SP goes higher then it will benefit both sides, so its a win/win IMO.
Re: Rumbo Royalty They appear to trying to get rid of all the old baggage. Next Astor. Once that one is resolved, onwards and upwards. Have a good weekend allJack.
Rumbo Royalty Of $1mill pa(if cu stays above 2.60) bought out for $4,750,000 in shares - looks like a good deal to me
Solid Q1 Production Good work Alberto
Copper supply crunch coming Copper supply crunch earlier than predicted experts[link] demand will surpass supply earlier than expected, with the first clear signs coming as early as next year, experts attending the 17th Worlds Copper Conference being held this week in Santiago, Chile, said.According to Arnaud Soirat, chef executive for copper and diamonds at Rio Tinto, increased consumption from new technologies, including electric vehicles, will drive demand for the metal and its by-products, he said.We anticipate global market supply and demand will keep close to balance in 2019 and 2020, he said, noting that after that the deficit will become increasingly evident....Colin Hamilton, managing director of commodities research at BMO Capital Markets, fully agrees with Sampson. He told MINING.com on Tuesday that even when there was an apparent rise in copper inventories on exchanges around the world, which somehow has dented confidence in the metal, the outlook is very positive.What weve seen is a shift from invisible to visible stockpiles, Hamilton said, adding that Chinese inventories so far this year are at the lowest levels in recent times.Delivery to exchanges, however, does weigh on prices because of data-driven investors, which adds to the facts that shareholders are still somewhat opposed to companies investing in new projects and exploration. They just want returns, Hamilton said.He believes the expected copper supply crunch will become much more real in 2019, due to the lack of mega-projects coming on stream before the mid-2020s and as global production will peak by the second half of next year.
Re: Volume!!! Roll over rather !
Re: Volume!!! Two large identical trades (1.691941) Bed and ISA ?