Member Info for annie38

The dreaded "I" word yet again. Mmm.

Showing excellent resilience amidst the general malaise. Glad to hold this high yielding defensive stock at times like these.

BagIT Are youy taking the following into account ? ... " in addition to Smiths News, A NUMBER OF OTHER PARTIES connected to Tuffnells are identified in the WN as potential targets of tPR's powers." Hence the actual figure affecting SWNS could be only a fraction of what your calculations are based on.

Pull back as you suggest is to be expected but why do you think there may be slide downwards the following week ?

Quite an encouraging rebound so far today

What is it with all these single digit trades which regularly appear with this share. Any ideas ?

With only seconds between the trades most likely a rollover.

I suspect and hope that the fall here has been somewhat overdone. With the yield now in excess of 8% I am reasonable confident that this if nothing else should provide short term support.

Spread currently over 6 % ! What is that all about ?

Smiths News LinkedIn page:"In just a matter of days, we can FINALLY share about our exciting new collaboration with a HUGE, household brand. Keep an eye out for an announcement coming very soon..."Intriguing!

Pinched from another site so please don't shoot the messenger.

Reasonably confident this will head north tomorrow with news.

Recently bought into this and surprised how quiet it is on this board. Thought the recent "shares" tip might have stimulated a bit of conversation or is this just a very well kept secret.

If you hold any share long enough and done enough research you should never lose money in the long term of over five years. " Mmmmm Interesting theory but flawed I fear. Sadly , personally able to provide a few examples !

Pleased to see J.W. buying, but as he already holds 406 million shares cant see recent buys having much effect on the average price he has paid.

Basher: Two of the Directors have put funding in place to allow Iron to operate for at least another 3 months. I suspect they would not have gone to this trouble had they anticipated receipt of the Grosvenor funds imminently. Would be delighted to be proved wrong.

Piltick, I would tend to agree.
To perhaps put things in perspective , the value of their respective holdings (as at 30/6/21) I calculate to be G.C. £260k and H. £196 k approx.

A good New Year to you Sharegar.
May I take it from your post, that the recent statement from the independent Auditors gives you little cause for concern .
"Material uncertainty related to going concern
We draw attention to note 2.2 in the financial statements, which indicates that the Company has not to date
received the agreed subscription proceeds from Grosvenor Resources (Pty) Limited announced on 22 October
2021 but that the Company has received confirmation from two directors of a Loan Facility of up to £200,000 to
enable it to meet its existing monthly overheads as they fall due. Until such time as the subscription proceeds are
received from Grosvenor there is a material uncertainty in relation to the company’s funding arrangements that
may cast significant doubt on the group’s and company’s ability to continue as a going concern. Our opinion is
not modified in respect of this matter.
I would be interested in your thoughts. GLA.

Full annual report: (PDF on Company's website)

Some things not included in the abridged RNS version issued today.

Am I missing something?
The mining Right Application for Luge still awaits formal approval.
I cannot see any reason why this proposed new "Luge" transaction can realistically be expected to take place before this happens.

Private investors being treated like mushrooms yet again. You can bet that John Wardle at Tracarta knows exactly what is going on and why this transaction is now almost two weeks late in completing. Sorry, but Tweets don't cut it with me.