The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Could the Chinese be reason why we havent heard anything about funding with only fumes in the tank?
Its not like Bob to do a DC on funding. Plus he hasn't replied to my email which he normally respond within a day. Something is definitely going on in the background.
Not been watching too closely as I’ve been concentrating on setting up my fiscal defences as best I can for a labour government
Volume was lower, the 18k fiddler has been around all week. I don’t see any sign of strength to puncture 10p and hold it just yet
A suitable Monday morning RNS would change that of course
MSCI …. Who qualifies for these funds is revealed 14th May
Thanks Fort.
Have had a hunt for entry requirements but it seems many factors for entry.
I take your point about 18p levels feeling like a relief but I think you can agree the scenery is a lot different now to when we were last at those levels.
Interesting 6 weeks ahead.
Gla holders
Difficult to say as I think MSCI set the targets for the entrants and if they deviate from that target by over 25% then they get dumped out. So if you take £400m cap as an example and MSCI set 14p as target floor, then 25% fall would be 10.5p. That would be the area for re-entry.
But problem is, as others move up with market, this target might move too. So re-entry could be set at nearer 12p levels.
I believe the list of new entrants gets set around last week in May with incusion to index following as of June 1st.
Nice article in FT today about Anglo and how Rio and Glencore are likely to enter the ring.
Exciting times... it wasn't that long ago we were at 18p levels and feeling glum about it... now if we got back to 18p+ most would be excited and relieved.
We shouldn't be down here sub 10p with the market backdrop as it is and metal prices where they are. It's down to Bob and Scott to deliver news and they seem very quiet of late... almost as if they don't want the price rising. I wonder why?
Dbw, any idea on our mcap entry requirements to the mcsi?
Thanks for posting the link Dream. Finally, some positive insights. I like the bit where Willem said that it's not the management, it's the deposit😉
Hopefully, even Scott The Rocks Caldwell can't fumble the ball at this exciting time😆
Saints….. in a nutshell pretty much agree with all of that and not forgetting MSCI potentially re entry 14th May
For those that didn’t see this listen 45-50mins
https://m.youtube.com/watch?v=cS-Fid6jVZk&pp=ygUPc29sZ29sZCBlY3VhZG9y
Pushing through 10 won’t be an issue with a favourable funding RNS released.
The Asset speaks for itself, sort the funding and 10p will be in the past, this will push back towards the 20’s.
The M+A season appears to have commenced, AU and CU price rises supersonic forecasts.
Funding gets announced then sit tight !
GLA Saints
Evening all. Well what a boring week for solg ! Here blackouts, but chucked it down all week so hopefully replenish a bit the hydros. 1984 and any others that have access to L2, or the chartists out there, have you seen any trends in buys,sells? This should be about the 4th push to break through the psychological level of 10, do tou think we will break it this time? Just curious as to peoples take on things at the moment. Any comments, views appreciated
ATB
DK
If we were actually mining we would be 40p.
TSX close at 17.5cents would suggest you might be right come Monday.
But lets face it. If we were 22p+ right now many woud not blink an eye and that's the idiotic valuation gap that we see today.
9.3p.... when in any historic scenario, with PoG and Copper near multi year highs and BHP confirming they are copper addicts... we should be north of 40p.
IMO
SP may test 10p Soon 👈
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
Onwards and upwards 1984 we’ve been there before and we’ll get there and more again have a wonderful weekend and here’s looking forward to next week
55p someday soon!!!
For those who have missed it..........
https://wp-solgold-2023.s3.ca-central-1.amazonaws.com/media/2024/04/April-2024-SolGold-Presentation.pdf
You don’t see these pointless twats on days the share price rises. They are like vultures, they seek out a stock in a long down trend and appear on the forums to tell everyone it’s doomed.
Pathetic really, but the best way is block them and not interact
There's a much much greater chance of 14p next week than 4p! Don't you just hate these posters with self serving disingenuous agendas! My trash can is literally overflowing with them and if MR starts peddling his nonsense on here then he'll be joining the rest of the low life's!
So Massive Ray has toddled off to post his tripe on ADVFN...4p coming next week apparently...
Or was he bounced from here...?
It’s not, I had a quick look on sharepad before posting
MMs only no DMA
Usually seaq is for less liquid stocks although ironically ggp has more trades than solgold (at least today anyway) by a third
'84, thanks. I thought GGP was, but I may be wrong. I'm sure someone on here will know.
It’s because they’re not on SETS so there’s no automatic order book matching.
BBG, they have about 250,000 employees. Do you have someone in mind?
I've also just looked at my only other speculative mining share, KOD, and it's the same thing - no ATs.
Ask Citi