Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
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Forecast Dividend anyone? Thanks!
Hopefully 2.5c. Which would leave the annual dividend only halved in a couple of years.
I'm hoping for something better than that. Didn't they base things on a gold price around about $1930?
Seeing the share price drop a bit this morning (again!) hurts a bit.
I know they have said about not paying as much , percentage wise, in dividends, but we could do with something, especially as the share price seems to be struggling to even get to a quid and hold.
Maybe a little special dividend as a thank you to the LTH and to celebrate the waste removal coming to an end?
We always seem to be waiting on the next quarter or the next RNS --------and I'm hoping the next one will be a bit better than "Steady as she goes" and the share price will start to move upwards.
Aside from trying to trade the peaks and troughs on fundamentals, to state the obvious again, CEY need to deliver actual results ahead of expectation.
Yes, recent results have "met within range", and beaten on AISC (which is why I was surprised as I said on release that I thought the SP raise would have been greater).
However, when you give away so much of your profits, this weighs.
Having said this- look at other PMs, most suffer a similar fate at the moment...
Maybe when the full financials come out and show profit, more of a rise may occur.
Else this moves with markets.
Someone mentioned "divis", well in my view there are lot more "safer" (based on my view of risk) to get a way better divi.
GLA.
You’d think it would go up now… hope I’m not wrong…
Gold price is flying, CEY not so much, no idea why.
R1234- prob the US statement earlier on Iran, US 10 Year dropping further.
Good to see markets coming back after Jerome being not so accommodating is his words yesterday.
Looks like my post was correct earlier this pm.
Or simply a flight out of shares to safe haven ie gold and treasuries.
Look at the markets Mr Bond today- the opposite of a flight out…
Hi Paul'
Surely with the profits made they should be considering at least 4c minimum?
Thanks Sotolo.
When will the news be released anyone?! - Thanks!
Gold @2,135!
Trade in time.
Some gold swings- see you all tomorrow, lots of things moving around- good luck to the traders and good luck to all the long term holders.
Aha Steve knocking off at 2pm, how lovely, are you a British workman, explains a lot x
Sotolo ha ha ,more like the golf course, possibly in his Ferrari if he has space for the clubs.
104 by Friday
Lol Mr Bond and Sotolo :-)
On the original Q I wouldn't expect a divi of more than 2.5c, they're storing up as much cash as poss to develop Doropo which as Ray O'Sunshine (Cowichan) points out is now going to be waaaayyy north of the original 275m like about 500m.
Anyway don't want to bring us down - SP 101 and looking good.
"The Egyptian central bank is letting the pound to float this morning, triggering a 20% drop against the dollar"
Thoughts?
CAIRO, March 6 (Reuters) - Egypt's central bank said on Wednesday it had hiked interest rates by 600 basis points at an unscheduled meeting and would let the pound trade freely in an apparent move to restore economic stability with the help of Gulf investment inflows.
https://www.reuters.com/world/middle-east/egypt-raises-interest-rates-by-600-bps-pound-tumbles-2024-03-06/
Bonker good news for biz, as that wipes 20% off local opex, wages etc etc
I have quite a bit in FRES so a 20% fall in the peso next would be very welcome