Ironveld (IRON)

Jump to:

Ironveld Fundamentals

Type	Ex-Date	Pay Date	Currency	Net Dividend	Year Total

Assets (£m)	2018	2017	2016
Tangible Assets	0	0	0
Intangible Assets	26	27	22
Investments	0	0	0
Total Fixed Assets	27	27	22
Stocks	0	0	0
Debtors	0	1	0
Cash & Equivalents	1	1	0
Other Assets	0	0	0
Total Assets	27	28	22

Liabilities (£m)	2018	2017	2016
Creditors within 1 year	0	1	1
Creditors after 1 year	5	6	5
Other Liabilities	0	0	0
Total Liabilities	6	7	6
Net assets	22	22	16

Equity (£m)	2018	2017	2016
Called up share capital	9	8	7
Share Premium	19	18	16
Profit / Loss	-1	-1	-1
Other Equity	0	0	0
Preference & Minorities	4	4	3
Total Capital Employed	22	22	16

Ratios	2018	2017	2016
Debt Ratio	19.32	20.59	22.72
Debt-to-Equity	0.93	0.82	0.80
Net Gearing	18.64	21.23	26.36
Gross Gearing	20.54	24.01	26.88
Assets / Equity	1.26	1.32	1.37
Cash / Equity	2.38	3.66	0.71
EPS	-0.10	-0.20	-0.18

Cash Flow (£m)	2018	2017	2016
Cash from operating activities	-0	-1	-0
Cashflow before financing	-2	-2	-1
Increase in Cash	-0	1	-1

Income (£m)	2018	2017	2016
Turnover	0	0	0
Cost of sales	0	0	0
Gross Profit	0	0	0
Operating Profit	-1	-1	-0
Pre-Tax profit	-1	-1	-1
Profit / Loss for the year	9	8	7

Sector	Iron & Steel
Activities	Ironveld plc (formerly Mercury Recycling Group plc) is the owner of a High Purity Iron (HPI), Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province South Africa. Ironveld expects to mine its own VTM ore as feedstock for a 7.5 MW DC smelter which will produce speciality iron products including high purity iron powder as well as vanadium and titanium slag products. The Definitive Feasibility Study published in April 2014 confirms the project's viability to deliver an exceptionally high-grade iron product (99.5% Fe) called High Purity Iron which commands a premium in the market place. Vanadium and Titanium slag containing commercial grades of vanadium and titanium will also be produced and sold.
Latest Interim Date	28 Mar 2019
Latest Fiscal Year End Date	07 Dec 2018

Appointed	Director	Position
15 Aug 2012	Dr Peter John Cox	Chief Executive Officer
07 Jul 2015	Vredeber Albert Gerhard Wendelin Robert von Ketelhodt	Chief Financial Officer
22 Oct 2010	Charles Giles Clarke	Non-Executive Chairman
19 Dec 2017	Duncan George Harvey	Non-Executive Director
22 Oct 2010	John Nicholas Harrison	Non-Executive Director
05 Dec 2012	Rupert Michael Fraser	Non-Executive Director

Company Name	Ironveld
Company Address	Lakeside, Fountain Lane, St Mellons, Cardiff CF3 0FB.
Company Telephone	+44 (0)20 3757 4980
Company Website	http://www.ironveld.com/

Auditor Name	UHY Hacker Young LLP
Auditor Address	St James Building, 79 Oxford Street, Manchester M1 6HT.
Auditor Website	http://www.uhy-uk.com/
Auditor Telephone	+44 (0)1612 366 936
Registrar Name	Capita Registrars
Registrar Address	Northern House, Woodsome Park, Fenay Bridge, Huddersfield, West Yorkshire HD8 0LA.
Registrar Website	http://www.capitaregistrars.com/
Registrar Telephone	0870 162 3100
Broker Name	Shore Capital Stockbrokers Limited
Broker Address	Bond Street House, 14 Clifford Street, London W1S 4JU.
Broker Website	http://www.shorecap.co.uk/
Broker Telephone	+44 (0)20 7408 4090
Adviser Name	Shore Capital Stockbrokers Limited
Adviser Address	Bond Street House, 14 Clifford Street, London W1S 4JU.
Adviser Website	http://www.shorecap.co.uk/
Adviser Telephone	+44 (0)20 7408 4090
Solicitor Name	Kuit Steinart Levy
Solicitor Address	3 St Mary's Parsonage, Manchester M3 2RD.
Solicitor Website	http://www.kuits.com/
Solicitor Telephone	+44 (0)1618 323 434
Stockbroker Name	n/a
Stockbroker Address	n/a
Stockbroker Website	n/a
Stockbroker Telephone	n/a