DJW reported a strong uplift in Net Operating Income as a result of a strong rebound in income from investments as well as an increase in income from options written. Income from investments increased 57.3% to $15.1m and option income increased 29.5% to $7.9m on the pcp. The uplift has resulted in an increase in the interim dividend to 6.75 …
PAF Directors Recommend Shareholders Accept Increased WAM Offer
On 13 December 2021, PM Capital Asian Opportunities Fund Limited (PAF) announced that the resolution to approve the proposed scheme of arrangement for the merger of PAF and PM Capital Global Opportunities Fund Limited (PGF) was unsuccessful. As a result of this, PGF announced that it would no longer be pursuing the merger. On 11 January 2022, WAM increased it’s …
Initiating Coverage on Bluejay Mining plc (AIM: JAY)
We have initiated coverage on Bluejay Mining plc, an exploration and development company with projects in Greenland and Finland. The company is working towards construction of the fully permitted Dundas Ilmenite Project, and advancing its other existing projects in Greenland and Finland. The company has secured world-class partners for its Disko-Nuussuaq and Enonkoski projects that will enable the company to …
Initiating Coverage on Rox Resources (ASX: RXL)
Rox Resources Limited is a West Australian focused gold exploration and development Company. It is the 70% owner and operator of the historic Youanmi Gold Project near Mt Magnet, approximately 480 kilometres northeast of Perth, and also wholly owns the Mt Fisher Gold Project approximately 140 kilometres east of Wiluna. Rox represents an emerging gold project developer, offering the market …