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I have been busy working away this week and have just been reading back on the last few pages of posts here and it appears that the general thoughts are the next RNS for the lab reports are a critical development for the company and the SP. I would agree but remember what are the other possible minerals found that could well be factored in? Whilst the results will be welcomed by all and a percentage of metals moved from infered to indicated, the main price sensitive RNS will be the one where we have received an offer of £ x amount of millions from x company that sees the SP rocket, or even one saying we are in talks with (ANOther) regarding a sale. I think all is possible in the near future. Glencore get your cheque book out and write us one for £180m and you will make a lot of people here very happy.
30 or 40 would be good
When we get results are we expecting a 200% rise just wondering what people think on excellent results RNS
Looking at the link below it takes 4 weeks on average and it’s already been 3 weeks since initial samples sent. Fingers crossed for an RNS next week, stay strong people . GLA
http://angrygeologist.blogspot.com/2017/09/assay-results.html?m=1
430 would have been great. For half an hour they would only take 435 from me - until I bought! Yes I know its only just over 1%: but that's 1% of a hopefully huge sum when I finally sell. Gla.
No 100 million tonight!!
Another week closer to NEWS WE hope ......gla
Possible as the warrants issued totals 345 million . We will know soon enough .
Theat 10M was being worked then fine to buy at 43 - they want your shares!
Could it be the warrants being worked in and placed in on the 9th maybe?
Sell looking likely after hours. Same pattern as the last two days
https://www.proactiveinvestors.co.uk/companies/news/900642/variscan-adds-to-base-metal-portfolio-with-two-spanish-zinc-assets-900642.html
might be no connection at all here
Not linked but of interest perhaps...
https://www.wardell-armstrong.com/news/weve-assisted-variscan-mines-in-the-acquisition-of-two-advanced-zinc-projects-in-spain/
Silver seems to have rallied for now after a weak day. Anybody live in Truro and know where the Wardell Armstrong crowd go for Friday drinks?
pg 38
This is where i got my info from - like i said i just googled, so i've no idea if this is the relevant piece of info or not - so as not to mislead anyone here is the link to where that info came from https://www.londonstockexchange.com/companies-and-advisors/aim/publications/rules-regulations/aim-rules-for-companies.pdf
This is the bottom line:
General disclosure of price sensitive information
11. An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities.
- I couldn't find anything on the London Stock Exchange site that would cover not releasing some drill results just because the complete campaign wasn't in - I'll happily be proved wrong (did get a bit bored and started skimming!!).
Jodav that sounds promising to me
Just did a bit of googling...
Rule 11 of AIM...
(e) Unless disclosure is required under Article 17 of MAR, an AIM company may delay
notifying information under this rule if it is an impending development or a matter in
the course of negotiation provided such information is kept confidential. The AIM
company must ensure it has in place, in accordance with rule 31, effective procedures
and controls designed to ensure the confidentiality of such information to minimise the
risk of a leak.
According to the linked in update posted yesterday, the toral met sample arrived at Wardell Armstrong 'this week' - how long would it typically take to get results? and how long from having results would they be obliged to annouce any price sensitive information?
I am presuming we won't hear much before the end of the month at the earliest, would that be about right?
Buy at low levels whilst you can lads!! You saw what happened to SP at current JORC. Were waiting on an updated one. Currently sat on estimated £2-£3 Billion resource in ground. Mcap £5mil...
Ratio of 2:1 in favour of sell so hardly surprising to see the sp down
GLA
Fair enough mate, I still think buying will pick up this afternoon in expectation of some results next week - tends to move fast so may even finish blue (now I've jinxed it).
Bigma try being a vlth of Vodafone where I bought in at 250, there’s a headache for you. I would have loved to only be 13% down
Hehe, i can take the hit. I just get frustrated at MM's cheating people lol