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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Add,
Yep, looks like Quady was right, worlds full of surprises lol
Atb
Incidentally, chapeau to Q for calling the availability of funding correctly. Of course, we may not end up going down that route, but his prediction was right.
DBW, indeed. Still, the holders of 2bn shares called it right.
Anyone calling for his head a couple of months ago must surely realise they got it badly wrong?
And where are the likes of Stackhigh on days like this … ?
So we now know we've had numerous offers of finance, but so far have not chosen to take any of them up. Why?
Prefer 88.88
Price 8.88... perfectly lined up for the Chinese
Plenty today.
What does it all mean?
I'd suggest that the most likely outcome is the one that our BoD and advisors are aligned behind.
Correction! 700k at 8.89!!!
Firmly bid for 500k at 8.89...ready to blow...
9p on th'horizon
SharketMare if we start construction then whatever happens we are going to production.
I am not wedded to any outcome.
I just post what is the most likely outcome, following the company announcements.
That's what a half decent investor does.
I see, so when you said 'nothing has changed', you didn't mean it. In any event, your latest comment is still wrong. What do you think happened last week at PDAC? Was it all a dream?
Careful Mog... some of us are still keen to add stock! lol!
There's a few other lines in the doc that are quite revealing... I have no doubts that the 'big boys' and that includes the Blackrocks et al have read between the lines. Blackrock may well be thinking of rebuilding a stake after exiting last year around 18p/22p levels. They did well there (certainly better than Berry Street and their 12p exit) but leave it too long and they might struggle to get back into the stock if the herd arrives... and the herd most certainly hasn't arrived just yet.
Blackrock were active buyers when SOLG was 35p not long ago. So they know the inherent value and the opportunity tyat lies ahead.
Addicknt
You love to twist things.
That isn’t what I said, nothing has changed since the pfs in terms of info in the public domain.
Of course things are happening, I was highlighting the spin the rampers are putting on the rise, in the hope their averaging down trades make a profit.
From what I can see without your rose tinted spectacles is that any option is on the table still, nothing has happened to change that.
The über rampers, BBG, REDRAMPER & DBW desperately need a hostile bidding war. Other holders would just like a monetisation event to see more value and Quady is happy to wait and go to production.
From what I see all 3 options are still out there.
Of course the über rampers will spin the hostile bidding war which imo is the least likely outcome.
"Today that has been proven wrong."
Nothing of the sort has happened today. It's going to be thoroughly amusing when we sell Cascabel to someone else. I'm sure you'll still try and claim we're going to production.
Yes, I concur. Top stuff fro M999. Keen digging to unearth those gems of info that up confidence
All Brokers use a discount measure and as we know, miners discount rate reduces as projects pass key milestones. We are derisking rapidly now (compared to last 2 years+) and I would expect more bullish stance based on strong outlook for metals, (PoG we know about but copper has yet to ignite and we know that's coming) and expected drop in inflation so rates to follow and lower finance costs expected. Oh... and then we have improved regional activity with Barrick, Gina and a few others getting stuck in as well as Noboa driving positive business sentiment.
A lot of stuff in the background has improved since their last note.
What's the re-entry criteria for the MSCI gold index lol! Re-entry alone could see 4 or 5p added here just like it knocked off a decent few pence when we had forced sellers.
I would like to Hannam with a target closer to 75p but with more value/weight added in for the regionals as it is clear that majors are keen to find licence blocks and Noboa is helping with that sentiment but has limitations on what he can do due to mining cadestre being closed. So SOLG's folio of 60 odd licences has grown in value and Hannam need to appraise that properly.
Many thanks Mog999
Putting aside my sarcasm, this excerpt is enormously significant. Never before have we seen such a detailed description about what's been happening following the opening of the data room. And it doesn't include details of those parties interested in either acquiring or entering into a jv, which I think we can assume have also emerged.
Don't be silly, mog. No one's interested and nothing has changed. We know this because certain people on here have said so.
An offtake would certainly disappoint those posters who’ve convinced themselves they’re going to revel in watching a car crash of a raise
Thanks Mog ..
Q, he doesn't think things are going on in the background. According to him, nothing has changed.