Tim Watts, CFO at Shield Therapeutics #STX presenting at our Life Sciences Investor Briefing Watch Now
Announced for 20 November. Opinion polls suggest a similar outcome, maybe with a slight increase in the socialist vote but still no majority...
RNS out in Australia - FIL Investment Management have ceased to be a substantial holder. This explains the dark pool trades (1m sold on LSE to 11th September). No RNS here yet, though. I wonder who's taken their offloaded shares...
Latest factsheet from Junior Gold published yesterday. Thought it worth sharing as I find this a useful opinion/ update on the current situation...
"The smaller capitalisation gold and silver mining shares outperformed the sector materially in the last three months. As the gold price currently consolidates around the psychologically important level of $1,500/oz, we have seen some profit-taking. We view this as a normal development in the early stages of a new bull market cycle, as early traders seek to protect some of their substantial gains and new investors take the courage to buy into the dips of prices. We do not yet see many generalist investors getting into smaller mining shares but, as the momentum develops, trading volumes tend to increase and thereby attract greater interest. The most important effect of the recent sustained move in gold and silver prices is a transformational impact on mining companies’ cash-flow generating capacity. As many investors wait to see confirmation of this effect in periodic financial reports by the miners, there is a lagged response in re-rating valuations. Some of those miners with higher operating cost structures benefit disproportionally in this environment as the percentage gains in their profitability are bigger. These are typically smaller, single asset companies, whose prospects rapidly improve."
Not too sure about your share transfer scenario flundra, but I suppose a TR1 announcement will reveal all soon enough.
If there's something I've learned on holidays abroad, it's certainly that there is a multidude of ways to scramble eggs. Some I've tried, some can wait for just now if it's all the same...
Yes indeed, I have a similar view there. There is a good case to be made that shares such as Cameco, UUUU, URE, etc all look cheap at present. The upside if U does take off is much greater. You're maybe aware of this chap already, but he gives a good, if very bullish, news-flow with regard to the uranium markets:
Haha, I tend to agree that many Scots/Brits abroad are best avoided. Can't see the point of getting ****ed out of your nut in a beautiful place and making a complete embarrassment of yourself. Idiots.
I've been in and out of YCA as well, but generally feel a bit less sure about U at the moment due to the oversupply scenario. It's definitely a much safer play as you say, but whether it's really much better that a fund such as Geiger Counter is open to debate. I've been out here too since January as well for balance, but have retained a keen interest in the project. There are several countries where politicians and populism get in the way of common sense and getting things done.......
Yes Paul, there's been a lot of talk about the uranium bull market for a good while now, which is why I invested here in 2016. I tend to agree that the case for Uranium doesn't feel as strong as it seemed at that time due to an overhang in supply, but on the other hand there's no doubt in my mind that nuclear power is a vital part of the energy supply. It seems like folly to me that this is being overlooked by many governments (thankfully not our own) due to "green" populism.
If you are interested in my heritage, perhaps I can forward you my gran's recipe for ****-a-leekie soup. Delicious.
I notice that the "dark pool" trades have returned. These are the large "unknown" trades that are being reported. In theory, a dark pool allows an institutional investor to execute large orders without triggering significant moves in the prices of the stocks they are buying or selling. Is it PA divesting his shareholding possibly - and who's buying?
If the Urbanisation License is approved by the local authorities, we could see a nice rise in SP here. This is the most pivotal license for the project at present. On paper there is no reason why this should not be passed if BKY have addressed the two outstanding issues mentioned... there is good local political support after all.
Donald Trump to implement no new trade restrictions on uranium imports into the United States following the Section 232 investigation into the matter.
This might hit some US stocks in the short term, but we should see an increase in Uranium market activity now and hopefully the rise in price will resume longer term.
It looks like a smart move by BKY to relocate the HQ to Spain and recruiting a Spanish national with real experience of their political machinations to CEO seems eminently sensible as well.
PA has other interests in Pensana and a concentration of focus at board level can only be good for the company.
We're likely to know more when the drill results are produced by the end of the year. I would suggest that it's a longer term play here. Good drill results will see a big re-rate, especially if gold remains on an upward curve.
In short space of time I was invested here, the comment that really stuck in the craw was RP saying at the UKIS that the company would be in profit this current financial year, only to be followed by the infamous RNS stating that Honduras was not financially viable and margins were still negligible on the gold trading business.
A revaluation of fixed assets (Australian licences) would help the P&L look better, but surely would not produce a profit. Is it really a going concern? Over to you, auditors...
I'm sure we would all like to know where the revenue generation, or indeed net profit, is going to come from. The Align report looks like a complete piece of sh**t now; there's a connection there of course...
It would be reassuring for us all if this was taken up by professional financial investigative media to give us a clearer picture of what's happening here, would it not?