The_buzz
12 Oct 2018
Uranium price 'jump' Latest market update shows uranium price is getting progressively better. [link] This shows September spot price rose to $27.5/lb (August $26.3/lb) and the long term price for September was $31.75/lb (August was $31.25/lb). A good sign and should help ensure that APF’s uranium interests keep on going. The price plot is also looking quite promising. I noticed that the thermal coal prices have come back a bit from their very elevated levels over the last few days, possibly reflecting the price of oil coming back a bit. Barchart.com ICE NewCastle Coal Apr '18 (LQJ18) Futures Price Quote - Barchart.com Free futures price quote for LQJ18. Latest real-time Cboe BZX price quote, charts, financials, technicals and opinions. That said coking coal is still very strong cmegroup.com Australian Coking Coal (Platts) Low Vol Futures Quotes - CME Group Find information for Australian Coking Coal (Platts) Low Vol Futures Quotes provided by CME Group. View Quotes I believe that might be partly caused by the Chinese relaxing monetary controls and that could feed into new infrastructure projects and in turn increase the demand for steel. As for nickel - it is so volatile but currently around $12,400, which still looks good on a 3 year plot. The Buzz
The_buzz
11 Oct 2018
Largo Record Q3 Production largoresources.com Largo Resources Provides Update to the Market Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQX: LGORF) is pleased to provide the following corporate update. In accordance with standard practice, INEMA published confirmation of the renewal of our operating license for the Maracas... Largo seems a bit upbeat but bemused at a recent share price fall. The Buzz
The_buzz
11 Oct 2018
Today's Opening Fall Hi Nick, I am glad that my postings have been of use to you. They have almost been a diary for me and imposed a discipline in endeavouring to properly check out things. I have always tried to be factual and provide the link where I garnered the information. I have quite a few more shares in APF than you so I need to stay on top - and try and not look at facts with rose tinted glasses. At least your purchase today was at a lower price than the current price! Like you I have made many ‘mistakes’, although if the market goes the wrong way has one really made a mistake or was one just unfortunate? As I said in my post, the likely APF royalty stream still looks strong. Even the price of gold rose today! Perhaps there will be a silver lining with this market fall for APF and give them a chance to buy a royalty at a more advantageous price than would otherwise have been the case!? The Buzz
nick2723
11 Oct 2018
Today's Opening Fall Hi Buzz. I have been reading your thoughts and comments for over 2 yrs and today is the day that I thought I would thank you. I remember buying APF at 125 and then being 101 and bought many times, the lowest being 107, the highest 152. Today I put another 4.5 K into them @ 136 and now have 20,000+. Thanks for the advice and your thoughts and I must now think of when I need to release a few to make some money. However, with the ‘Simply Wall street’ website saying their future cash flow value is £3.69 I could be being too greedy and hoping for a large jump one day. Best wishes and good luck with all your investments. Nick Ps, I have also made many mistakes so it’s been good to know one share is not doing too badly.
The_buzz
11 Oct 2018
Today's Opening Fall Whilst I am not savvy to all of the facts, this morning’s fall to currently 132.5-136.5p (134.5p)(about 10p down) is a surprisingly big fall. I had anticipated that the LSE would fall this morning to reflect the falls in the USA and Far East - but not this big a fall. It is said that there is a flight to safety. I would have thought that APF was one of the safest investments about. Strong coking coal and thermal coal prices. Vanadium has gone up again to around $24/lb, nickel is still strong. Plus APF have just got a huge financial package arranged. Perhaps some in the market just do not understand this share? Now 136.5-141.5p (139p). Just shows how ridiculous the opening fall was on a relatively small amount of trading. The Buzz
The_buzz
03 Oct 2018
Largo Record Q3 Production More good news for APF - Largo had record V2O5 production in Q3. With the higher price of V2O5 this must be a bumper royalty payment. largoresources.com Largo Resources Announces Record Q3 Production Results and New President and COO Record production of 2,563 tonnes of V2O5 in Q3 2018, a 4% increase over Q2 2018 Record overall V2O5 recovery rate of 82.2% achieved during the month of September Total production in Q3 2018 was 6% above plant's nameplate capacity Largo Resources... The Buzz ps Oct coking coal now 216/mt, but it is a Chinese holiday today so volumes would have been low. cmegroup.com Australian Coking Coal (Platts) Low Vol Futures Quotes - CME Group Find information for Australian Coking Coal (Platts) Low Vol Futures Quotes provided by CME Group. View Quotes Plus prices look firm for Q4 [link]
reevesfamily4224
02 Oct 2018
Coking Coal Price Surge All good news Buzz, many thanks. I still look each day for news of the next acquisition. Exciting times for apf . S
The_buzz
02 Oct 2018
Coking Coal Price Surge cmegroup.com Australian Coking Coal (Platts) Low Vol Futures Quotes - CME Group Find information for Australian Coking Coal (Platts) Low Vol Futures Quotes provided by CME Group. View Quotes [link] Mackay Daily Mercury Peabody develops plan to extinguish underground mine fire MINING giant Peabody has developed a "multi-tiered plan" to extinguish a fire that's been burning underground at its North Goonyella mine for weeks A fire at the Peabody mine is causing some panic buying with October deliver shooting up to $209/mt. I suspect that this will be only a temporary blip as other supplies become available, but a reduction in supply may improve the short to medium term supply of coking coal. Over $200/mt is a good price for APF’s royalty. Meanwhile the price of V2O5 just keeps on going up. Depending where you are, it is now about $22/lb. The increase in the price over a year is amazing and looks to be approaching the peak of $25/lb hit in 2005. Hopefully the price will hold up a bit longer than it did before. [link] The Buzz
The_buzz
26 Sep 2018
V2O5 Now Over $20/lb A new high of $20.05/lb for V2O5:-: [link] This web site that shows the same story of rising prices:- [link] A related article about ferro-vanadium:- [link] All looks good for this royalty to grow even larger! The Buzz
reevesfamily4224
25 Sep 2018
Narrabri Hi Buzz, many thanks for this and all very encouraging. Given the money that APF has coming in, coupled with the financing available, I have thought for some time that a ‘big’ deal may be in the offing. Could be interesting times ahead… and for the dividend ! S
The_buzz
25 Sep 2018
Narrabri Whitehaven Coal have just issued their annual report. It is full of useful background information. clients3.weblink.com.au 02025710.pdf 7.51 MB p35 covers Narrabri. A quick scan of commodity prices since i last looked tells me that coking coal seems to be back above $200/mt. cmegroup.com Australian Coking Coal (Platts) Low Vol Futures Quotes - CME Group Find information for Australian Coking Coal (Platts) Low Vol Futures Quotes provided by CME Group. View Quotes Thermal coal sis till getting a very good price - no doubt helped by the high price of oil:- Barchart.com ICE NewCastle Coal Apr '18 (LQJ18) Futures Price Quote - Barchart.com Free futures price quote for LQJ18. Latest real-time Cboe BZX price quote, charts, financials, technicals and opinions. BBC News Oil price hits four-year high of $81 Brent crude hits four-year highs after oil-producing countries fail to agree an increase in production. There has been a small increase in the price of uranium. Note in the Narrabri report there is a big increase indicated in the projected output from nuclear power stations in Japan. The price of nickel has bounced back a bit towards around $13,000 markets.businessinsider.com Nickel PRICE Today | Price of Nickel and Chart | Markets Insider Nickel Price: Get all information on the Price of Nickel including News, Charts and Realtime Quotes. Further higher price for V2O5 - now nearly $20:- [link] So all in all some good prices and hence royalty revenues for APF. I can see a bumper dividend coming up. The other question is what will be the next royalty purchase with the significantly grown war chest? How much are they putting aside for the vanadium venture:- [link] as the APF web site mentions $70m, although the time scale could be quite a long one so may not be of immediate relevance? So all in al things seem to be slightly better than last time I reviewed things. The $90m war provides the opportunity to further diversify from coal and make APF less reliant on the price of a sincgle commodity and spread the risk more evenly. I suspect that a larger royalty base and spread should make APF more attractive to IIs. The Buzz
The_buzz
24 Sep 2018
Extra Funding - $90m Available Th fact that the banks are letting APF borrow up to $90m speaks volumes. It gives APF much more credibility and clout. If they can maintain their track record of buying royalties that yield much more than the cost of borrowing (that looked quite reasonable), then APF will improve its profits further and add to a more diverse portfolio. Is there a big deal coming up?? The Buzz
The_buzz
10 Sep 2018
Coking Coal Demand Jump in price of coking coal to $197/t for October delivery. Not far off $200/mt:- cmegroup.com Australian Coking Coal (Platts) Low Vol Futures Quotes - CME Group Find information for Australian Coking Coal (Platts) Low Vol Futures Quotes provided by CME Group. View Quotes Big drop in APF share price on Friday. Partly explained by the strength of the £v$ on EU trade agreement hopes. Now moribund at 146-153p. Makes my recent speculative purchase of £5k DVO instead of APF (see earlier post) more respectable - just sold them for nearly £240 profit. Not much else of particular interest to note. Volatile nickel down a bit:- markets.businessinsider.com Nickel PRICE Today | Price of Nickel and Chart | Markets Insider Nickel Price: Get all information on the Price of Nickel including News, Charts and Realtime Quotes. Vanadium up slightly [link] Largo presentation on vanadium:- [link] 30mins - only listened to a bit of it - but very upbeat. Note: tabs at side of slides to advance slides. The Buzz
reevesfamily4224
04 Sep 2018
Top Up Time HI Buzz, good points all . Interesting that directors have been buying at above 150p level. As mentioned I am holding for 165p before selling some as I am still optimistic it will get there… and probably higher. I hope ,however, to remain a shareholder for some time given my belief in the company and strategy. I also look each day for news a new acquisition but will probably have to wait a few weeks. Well done on your profits. S
The_buzz
03 Sep 2018
Top Up Time HI Reeves family, One just has to accept that the share price will move in mysterious ways and that one can benefit from the swings - see my earlier posts. I have some APF salted away for long term holdings and recent speculative purchases meant for very short term exposure on a share where I have too much exposure. Fundamentals seem little changed - uranium has just moved up a but the volatile nickel price is down a bit - so probably little material change in outlook. Today’s positive news are some share purchases by directors. Short term holdings - last week sold 3030 at 152p and 4509 at 155.15p so having bought around the low 130p level gave a very quick 20p a share profit. What matters is the slope of the change in value, not the extra weeks waiting for that elusive extra 1p a share profit. There was an article in the DT about buying shares - “fly like a butterfly and sting like a bee†ie take your time in choosing a target and attack when you have found one. This morning to my dismay (having previously accumulated a useful profit) DVO share price suddenly dropped on my real time screen. Checked for any adverse RNS (- none) So sting like a bee so bought £5k at 185.9p. (Mid price now currently 189.1p). No immediate plans to sell APF with silly spread of 150-157.5p… but I still need to trim my remaining short term holdings - no rush - perhaps we will see 165p a share return? The Buzz
