Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Morning all,
I believe the dragline mentioned is for stripping overburden as opposed to actual mining / excavation operations.
Draglines are intended to strip overburden at a high rate capacity, 11 70 is no matchbox toy, probably assembled on site then put to work - as you rightly mention Arsenalles, and thanks for posting your question and answer!
A clear reminder that it’s business as usual, pushing forward with actual mining operations on the ground.
Imagine that in some private business you own a small share that cost you $1,000. One of your partners, named Mr. Market, is very obliging indeed. Every day he tells you what he thinks your interest is worth and furthermore offers either to buy you out or to sell you an additional interest on that basis. Sometimes his idea of value appears plausible and justified by business developments and prospects as you know them. Often, on the other hand, Mr. Market lets his enthusiasm or his fears run away with him, and the value he proposes seems to you a little short of silly.
If you are a prudent investor or a sensible businessman, will you let Mr. Market's daily communication determine your view of the value of a $1,000 interest in the enterprise? Only in case you agree with him, or in case you want to trade with him. You may be happy to sell out to him when he quotes you a ridiculously high price, and equally happy to buy from him when his price is low. But the rest of the time you will be wiser to form your own ideas of the value of your holdings, based on full reports from the company about its operations and financial position.
The true investor is in that very position when he owns a listed common stock. He can take advantage of the daily market price or leave it alone, as dictated by his own judgment and inclination. He must take cognizance of important price movements, for otherwise his judgment will have nothing to work on. Conceivably they may give him a warning signal which he will do well to heed—this in plain English means that he is to sell his shares because the price has gone down, foreboding worse things to come. In our view such signals are misleading at least as often as they are helpful. Basically, price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal. At other times he will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.
Benjamin Graham
(GLA - hold fast!)
Nah, let’s give this 5 years plus, to mature!
Army, super, thank you. My thoughts that FCA asked questions. Hence temp suspension. Cleared up now…on we go.
30k in at 26 pence av. That under water Ive written it off as ‘lost’. Not selling, never will now. To late for that. Mind over matter, let this Putin led mess settle down, as it will, in time and see where we go from there or otherwise.
What will be will be! It could be a lot lot worse.
Good morning Ian and all,
I’m looking forward to the ‘detailed 5 year mining plan’, obviously a forward facing document and will make for interesting reading! Folks have been complaining about lack of detail in past comms (fair enough I guess) but now we are seeing the detail come through, and it’ll continue IMO. Hold tight and patience!
GLA
Seasick, hello…have you considered the Voluntary Liquidation route?
Good morning Ian and all,
The Vulcan was a very special aircraft, way ahead of her time, and iconic to look at. Aesthetically pleasing! And gave shock to the Argies! Just to note, ‘Vulcan 607’ by Rowland White is worth a read for those that are interested.
Ian, would you put me down for next major RNS 5 year Mining Plan Fri 10th Sep pm out of hours please. I’m expecting a fairly large and complex document, thus share holders would need time to digest all info.
Thanks and have a good day all! Ignore any shinanigans and upside down heads.
Ready on the spinnaker halyard!
Went all Mary Celeste for a few hours there shipmates…
Just to note, I’m happy to man the ships bellows should any fellow shipmates require an additional enriched oxygen supply today. Hold fast!
More oxygen and rum on deck please! Some craic this is boys and girls!
Could someone pass me the oxygen please!!! Hold tight!!
Frutsels and all, apologies - let me be clear I wasn’t having a pop at you! I’m excited also, just don’t want things to get out of hand with unwanted paper work if you get what I mean.
Still, wish I’d been quick enough to catch a glimse of said Tweet!
Flies spread disease, keep yours closed.
Not sure I like spurious rumours kicking about on Twitter. Can lead to unwanted and unnecessary RNSs.
I can only imagine the hard work in the background here!
I can see smoke on the horizon!
Nah hope not - we’ve had plenty of positive RNSs to recently
JORC on the way perhaps - multiples would know of it beforehand?
Up 30 % - could be something this eve?! Big change on sentiment alone?!
Not complaining though, now slightly less underwater, and might consider changing my diving bottles for a snorkel!
Double BOIIINGGGGG!!
And this is why one should hold and ignore the ‘noise’!