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I take a simpler view of these things.
If you want to play with the big boys, you need to go to the big boy's party. That's where you get to meet all the big boy's friends too.
That was my thinking, maybe it's a prerequisite before certain Institutions will invest.
Maybe this membership is a result of talks between HUM and II's, maybe this will entice more funds flowing in, not saying it will not saying I am right, just a thought.
Every day we wait for the RNS $200-250K is added to our bank balance sheet. Nothing to worry about this tiny delay.
I want them to spend as much time as they can with it, cos it’s big news!
Must mean we are considered worthy of a rerate.
I think I’ve apologised already, but I tend to remember “buy on the story, sell on the facts”, and I certainly hope I’m absolutely wrong.
GLA
Agree TBT, but they could have led with, as we approach becoming net positive, we feel it important to ensure our ethical standards and therefore etc etc.
Perhaps an ill choice of terms on my part. Mea culpa.
I apologise unreservedly to the environment and social justice for the inference that they are anything less than important. I guess I find it poor timing to release an RNS on this when results are due. I’d be intrigued to know when we joined as I could well see this as a delay tactic; that was my rationale for calling it fluff.
https://www.ft.com/content/50eb893d-98ae-4a8f-8fec-75aa1bb98a48
Hi Caribbean!
Wow, that is one hostile reaction to a bit of harmless "take a look at us!" fluff.
Of course we are all waiting for the Annual Results, and I don't think joining the World Gold Council will inspire a frenzy of share buying. But I can't see how this is bad news in any way.
I'd guess the annual results will either come later this week or next now. The PR machine is obviously in operation.
Dude you call it fluff but institutions are falling over themselves to make sure they are invested in ESG compliant companies at the moment. Call them fluff too.
Wow, the SP will soar on this news.
I hope so GB
I hope so TG
I am not whining, but maybe I am, or maybe it’s a rant. I just hope it’s not a distraction strategy to paper over cracks. I very much doubt it is, but I’m a suspicious bugger and don’t like the timing of it when good FACT news is what we’re looking for, rather than fluff
Birds of a feather flock together.
Bluebirds fly with Bluebirds (maybe same with Hummingbirds)
Whatever you do it pays to do it surrounded by better players, you get opportunities, learn and get better.
Just warming us up & to give the little guys one last chance to buy in under 30p.
I hate to be the guy that ****es on the embers, but this is a load of fluff.
Not only that, but we are the smallest of these members by magnitudes.... what’s the rationale? Presumably to get the attention of II’s?
Or is This is a big boys club, and If DB is anything like that knob Matthew Idiens, who they were all pally with when company listed, then DB has done this for his ego and his own self-fellating.....
Where is the news that the market expects?