The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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He said september and if you actually go back he says announcing q3 was a mistake it was meant for q4. The rest of anything he may or may not have said is irrelevant because hes stood by q4. Far as am concerened am happy with LR the share price went from 0.4 to 0.15 in months the same plus more will happen again anyone who thinks any diffrent needs to sell up and leave or at least come up with a constructive argument based on something else but LR. As ive said in the past larger companies will by the resource with or without management its been done before can be done again.
My blogs are not investment advice - simply research notes. If all investments returned 100%+ returns since the writing of my blog I would have been retired a long time ago.
Let’s check back in six months eh and then you can call me out on my blogs/failings on EUZ plus the others IQAI ARCM UOG
What do you contribute that is of value? ...bzzzzz bzzzzzz bzzzz Yes just noise
Justsay1ing - are you going? Look forward to a balanced write up if so. Are you short? A paid MM deramper? Laurence’s jealous brother? Or just one of life’s annoying people?
Anyone else going?
Just saying Lawrence never said october. he said q4 which ends the end of this month so until this month passes we wont know if hes lieing or not. You are right tho the board shouldnt effect peoples decisions it doesnt mine because of what we have hear but when i hear so called investors saying they need money for a tax bill well i hear someone who isnt an investor.
Like that lol very good
I enjoyed this post. Given the Sasa zinc-lead mine was sold for $402m to Caml last year, what kinda NAV would Toral need to be valued at in the SS to constitute ‘magic carpets and ‘farting rainbows’ territory?
If he doesn’t deliver..... he will have to deal with a lot of angry shareholders he has lied to
It’s clinging on to the 9s. LR said before Christmas so he’s got two weeks. Trust is everything at this end of the market.
Happy to soak up sells which is good, i like many others want this SS released......
COME ON!
This sort of speculation is a waste of time. It'll be released when it's ready. I still check the news and charts daily, as the anticipation is somewhat exciting, but it's also maddening.
One thing is certain in my opinion - along with his credibility, LR is running out of time. It needs to be released before Xmas or his reputation (and the share price) will be hit hard.
How many of these tiny nano-cap stocks actually make it? Hardly any. The odds are very much stacked against EUZ. EUZ might have what appears to be a low mcap, but it can always go lower. What's more is that there is plenty of stock in public hands. Where is the insider ownership to give us confidence?
If the SS is anything other than a sparkling unicorn farting rainbows and flying on a magic carpet, the market will not react positively IMO. The hype injected into this stock is such that it's now a very fragile, binary play.
I am holding fwiw.
There is an argument to support an intra day announcement, if news is published that only one exchange can act upon for several hours... I suspect however most are tired of the waiting and just want the study released. Either way it’s not in our control.
7.00 am normally. But you can see it on the Sydney exchange earlier - 10-11pm our time.
https://www.asx.com.au/asx/share-price-research/company/EUZ
Are we waiting for news in the middle of the day. or should we expect it at 7am?
Anyone who has been here a long time can remember?
Should have brought it out in September as originally promised only got themselves to blame. Still think it will be fantastic and will swim against the tide. Where’s this so called Santa rally?
Not sure it will be any better in jan.
its very poor market at the moment. i dont want any news now as any good news will be sold off and may end up RED.
better to save the good news in Jan when the market has hopefully improved
Will be interesting to hear what he talks about at the conference if it's not released!!!
Looks like a stock you dislike - RLD has risen from the ashes.
fingers cross we have our rebound with this darn SS!
I have to agree - if LR was taking a fat cat salary and buying on the market.... but he is taking a reasonable salary and will probably convert into shares. I’m fine with him not buying on open market - but he should exercise options he and MC have to give the company some cash as well....
Bobby, completely disagree. If you’re convinced your company is going to make it and you’re going to dedicate a few years of your life to making it happen as well as get a load of investors to stick their hard earned into it then I’d expect them to stick a sizeable amount in. There are plenty of companies where this is the case. Look at ARS, PDR, HMI, JAN just off the top of my head where the CEO has a significant and sizeable holding and draws a minimal salary. Their interests are aligned with shareholders.
Same rule does not apply to investors. Obviously you should only invest what you don’t mind losing.
This is the last opportunity we will have to top up imo....I sense something is happening so I have added another
2,140,994 to my portfolio since yesterday.... ;-)
"Great top up opportunity" I think is what he's saying.
If you just want to put a few peanuts in, you'll only stand to get a few peanuts out. If you've got the sangfroid of our friend amaretto here, you might be in this for a whole lot more.
Don't forget:
19Mt @ 6.9% Zn Equivalent (including Pb credits) and 24g/t Ag, 720,000 tonnes of Zinc, 570,000 tonnes of Lead and 14 million ounces of Silver
SS coming this month! Wait and see.
Given the overall volume and the minimal movement in price I’d say the 30 million tranches looks like a rollover to me.
Skin in the game is my bete noire. Put your hands in your pockets guys and buy enough that it would hurt if you lost it.
I have emailed LR this evening and been quite challenging on several areas.
Focused on SS delay, funding, Director skin in game, clear update on work program and timeline and PR activity