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I think it might be partly to do with the $600mill worth of metals they estimate to be in the Zafer discovery, which is just 1.5k from their processing plant (check the proactive interview)

There are many reasons why institutions sell, it might be as simple as it doesn't fit their investment criteria any more.

Having said that, I think a 1000% return is ambitious within the parameters of the current operation and requires numerous assumptions and unknowns to happen. Current enterprise value sits at around £120-£125mill. I think that's a realistic value to look towards as debt continues to be repaid.

Only took a position today, but having been in AAZ before the debt was paid down, I'm hopeful this will have a similar rerate in time. Obviously you can't make a direct comparison between the companies, but if the gold price continues to improve and debt repayment accelerates, this could go places quickly.

Yes, they pay out a final and interim dividend. This is the first year they've started to do that, which is why it looked little unclear.

I imagine this is the most up to date and correct?

https://pro.coinbase.com/trade/ICP-USD

This comes down to one of two views now. Do you think they'll develop a mine or not. Personally I do, which would make this massively undervalued.

Those trades are showing on google and ADVFN, but as you say the real price is low 40's. Someone's made a mistake somewhere.

It has dropped, but that's at the end of year and he also says the first Q has started better than expected. The headline figure for me is that costs have been cut by nearly 1 million. Imagine if they'd said regular income had gone up 1 million, we'd be over the moon.

Fat fingers this morning, *Positive results considering

Pozsutice results cobsidering. Looks like dividends coming in next year maybegoing by this section?

'next year could be a time when the true value of the Touchstar business model is validated. As this goal is achieved, we will remain disciplined. Any capital deemed surplus to requirements that cannot produce adequate returns within the business will be returned to shareholders'

When read like that article, the figures look great.

I'm surprised they didn't put their YoY production comparison with Q2 2020 in the headline figures and waiting until the operational overview.

+11.5% 6E and +15.5% Chrome on FY2020, despite production downtime, shows how well they are doing.

Don't think its anything more than it's done its consolidating at the 1.85-2p range after the spike up to 2.4s , now there are more buyers than sellers. Same thing happened after earlier spike to 1.8, dropped back to 1.3-1.4p for a while before making the move back up.

Although sometimes I wish they'd just let it go on the upside.

Everyone is in wait and see mode I suppose. Ask price is slowly ticking up, just did a dummy buy at 74.85p. Bid sat at 65 for a max 7500 shares. This seems to be the default for the mm's on this share, 7500 shares online at any time outside of the rare moments of liquidity, which is quickly shut down when any prolonged buying or selling happens either way, otherwise it's through broker only. A bit of a master class in how to manage an illiquid share.

Maybe they delayed by a day to coincide with this, Sotolo.
https://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-130421

I think that's the scale of project TRR would like to be involved in.

Interesting to see that James Kelly has been announced as a NED of Emmerson today. Does Potash fall within TRR's remit, or would this preclude them from a royalty due to conflict of interest?

A positive update on Pluto has just come out via a PIRI RNS.

It's more volume than there has been, but low enough to suggest this is still very much off the radar for many investors.