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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@ BUYRED...you got old stats....need to update them to 16,488,876,318 shares issued
For what it's worth I don't think he did dodge the presentation for devious reasons, once it was apparent that we were drilling on it makes much more sense to have an event after JORC and when there is a new drilling strategy to talk about. He would have just been going through the assays and reiterating that we have to wait for the independent assessment. Although his presentation style is a little idiosyncratic he clearly enjoys them. Personally I think he's genuinely off his feet, I sent an email to info@ because I thought the company secretary or someone else could handle the question but Laurence replied despite being between interviews.
@Newbie...TBH I think LR is actually ashamed to face the public and the music. He damn well knows that insider trading took place !!!
Despite management I believe the asset is still there and will pull us all through in the end....Please check the link I posted and see what happens to a share price when the resource moves from inferred to indicated and ultimately measured. The risk reduces and imo there is still a lot of money to be made....yes we may get diluted along the way but value creation imo will offset the dilution.
Oil/Bricks, a few days ago everyone here was like Del Boy telling Rodney that we’re going to be millionaires or in my case nice little earner. Then the rug got pulled from under everyone’s feet. No amount of research can cater for that and unless something startling happens in the next few weeks I can’t see the share price moving that much. If as people on here suggest EUZ will position themselves for either a JV or sale I honestly believe things will be played down again. If the bod were going to trumpet EUZs worth from the rooftops they would have done it by now to get the sp moving up again. All IMO of course
Check the value creation curve on this when it moves from inferred to indicated.
****s://www.888markets.co.uk/blogs/1-reason-add-europa-metals-watchlist/
replace 888 with vox and **** with http
Agreed but at least we are getting a chance to buy in at almost the same price as the placing shares - This is a massive bonus ! With yesterdays volume it not going to take tooo long to churn the shares and be back up to 0.05 in no time, even higher once we get the JORC.
Before this goes any higher
@Newbie.....The pending JORC alone will more than double the SP imo......DYOR.
Shed, there maybe positives in this company but I don’t think it will be anytime soon when we recover from a 30% drop. Unless of course someone shouts “there’s gold in them thar hills “. But that’s as likely as anyone getting rid of LR. I’m certain there is value in this share but I think it’s mainly for the big boys. GLA
I believe the mets will take longer. The JORC will definitely come first and if the workshop with AMS really has saved a couple of weeks then it should be less than two weeks for them to land.
Thanks Gizzard....Fixed....
1. Met results….
2. Updated JORC for lead,zinc and silver from inferred to indicated…with possibility of increased resource.
3. TR1 for DB….increasing their holdings.
4. Start of drilling campaign for copper and to increase resource.
5. Notice of AGM….
Think you mean inferred to indicated - Met values too.
…..I expect the following to happen over the next few weeks…..please let me know if you think differently.
1. Updated JORC for lead,zinc and silver from indicated to inferred with possibility of increased resource.
2. TR1 for DB….increasing their holdings.
3. Start of drilling campaign for copper and to increase resource
4. Notice of AGM. (and we can try and oust the walking bonus point)
Here is why the copper cannot be overlooked and should be factored in if possible
Source:
https://www.lme.com/
LME Copper 5,728.00
LME Zinc 2,377.00
LME Lead 2,085.00
LME Silver* 16.985
why they get kicked out- so there was no company presentation?
Thanks Johnny...6.75 ...I'm watching you son :-))
Can’t keep blaming CB he’s not in control anymore. Believe in the asset and ignore the noise bet the sp is a lot higher than this by the end of October. What it closely because there’s bargains to be had. TP’s valuation hasn’t changed in fact I’d imagine it’s gone up.
Oiltap, if you still remember I told people on this board in late July that I bought in this share with my average was just under 0.020p and we briefly exchanged one post and you told me I was lucky, but I have to admit I sold out about 4 weeks ago. After I bought into the share I found out Colin Bird was the the chairman, to be honest as soon as I learnt that all my fate about the company just disappeared because this guy has bad reputation all over the places, I got massive burnt with XTR, all he did was dilution after dilution with returned of promises after promises. So he was the reason I pulled out and I think it is not nice for me to tell people here of the price I managed to get at the time. So what I am saying is that just be careful when this guy is around but I am sure you have enough experience to judge for yourself when to buy/sell. I think you have great knowledge about this and I wish you all the best.
I have topped up this morning at .028. Dilution has weakened my position somewhat and I feel aggrieved as this all feels like I have been sideswiped Happy to wait for an updated JORC and if the asset increases all well and good.
The mcap is now £3.3m, it’s worth way more than that! Who will buy more/average down?
I want to add £2k worth but need a small rise elsewhere to sell and buy more here.
anyone else at meeting who can shed some light in whats happening
I’m sure it was mentioned it would be less than 4 weeks from last week
When is the jorc release? Any expectations for good news?
He's better on radio isn't he (no offence LR). Seriously though more clarity than the Proactive interview.
Bit more upbeat here than on advfn