London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
$CBE Cobre 16/08/2022
Additional Significant #Copper Intersection at #Ngami Project
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02553535
..............................
CBE tweet
COBRE LIMITED
@CobreLimited
ยท
22m
@CobreLimited
$CBE ANNOUNCES ADDITIONAL SIGNIFICANT #COPPER INTERSECTION AT THE NGAMI COPPER PROJECT, BOTSWANA - EXTENDING THE TARGET FOOTPRINT TO OVER 4KM.
#drilling #exploration #discovery #resources #mining #africa #team #results #project #asx
ASX: https://lnkd.in/gD2rb74q
https://pbs.twimg.com/media/FaPP80pVsAAxPcz?format=jpg&name=small
.............................
CBE up 68% in Oz overnight :)
https://hotcopper.com.au/threads/ann-additional-significant-copper-intersection-at-ngami-project.6895240/
Great news on cobre, looking good.
And MTR is down on the back of a few quids' worth of sells. Incredible.
MTR's net tangible assets at end July were 17.8p. since then CBE has trebled in value and SFR is up 10%. So our NTA must be up on the strength of those 2 holdings alone but the SP is down. Hopefully MTR is working on an RNS to let everybody know, but I wouldn't bank on it!
Well
The last covers finding was sold to Sandfire and the 2 percent royalties were never distributed back to the shareholders, so why should we invest?
Cobre
How would they distribute the royalties back to shareholders??? That makes zero sense.
company can always do the special dividend but never on AIM unless you GKP
Richierich25, could you explain please, you've lost me completely.
Clearly does not understand how a Royalty works
It's quite simple really Illaquens. Royalty usually work on charitable endeavours, snipping ribbons to open leisure centres that sort of thing. Perhaps a spot of military service too. They could sit on their thrones counting out their money, but instead are gripped by an inate sense of public duty.
Meanwhile back in the world of Metaltiger and I suppose contrasting MTR vs say TRR the problem is there's no future profile of returns in a nice bar graph. So people like RichieRich get a Jerry McGuire moment and are saying in their own unique way "Show me the money". The art of investment in my opinion, is for the patient investor to understand the value on offer here and pick up the discarded shares from those who can't cope without a nice bar graph clearly showing them the money! MTR don't really communicate the future value very clearly on their web site do they? i.e. https://www.metaltigerplc.com/portfolio/royalty-investments