The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Huge spread still hasn't closed? Big sell order at 5 p?
Added a few as well Market makers are dry should go up from here I had to re-quote * 3 to buy
The consequence of interventionist policy... That's what happens when you try to bring "Freedom and Democracy" to people that didn't ask, want or need it. We have killed their leaders destroyed their countries and left nothing but death destruction and secular division. The worst part is that we are now letting them flood into Europe's schengen area without any control whatsoever...
Agreed Highland Matt And NAV was priced on 1200/Oz Gold should be due a re- rate at some point... If we have a solid quarter of profitable production and Gold prices hold these levels then 200 million is probably achievable in Q4 IMV...
Looks like civil war has just broken out in Turkey... Let's hope it doesn't affect MNG On the + side should be good for Gold...
Agreed, I have no doubt that the mythical reagents will make an abrupt appearance early next week as well... No way the Turks would let the mine restart unless control was assured (so they could pull the plug on the promissory note if AUE tried any funny business or the PIF's were refused) The big question now is how they feel about sharing the company with us infidels...
No restart till the new management are in place IMV... MNG Probably don't trust AUE to restart on there own given recent events Sometime next week I expect...
Lack of foresight... Or was it a parting gift from DR to MNG for taking the keys to his lifestyle vehicle... I bet this deal was on offer since the start of the year but AUE management wanted to keep their jobs so they near ran the company in to the ground before selling up for pennies... Only winner here = MNG...
Agreed current price (0.5p above placing price ) seems about right to me Don't expect any movement here without news and some definate numbers
I suspect we will see something before the AGM... I expect the incoming management will want to get a handle on things before notifying the markets in order to maintain credibility...
Thechukkers, I don't think anyone wants immigrants to leave, The question is how many are too many? Over 360'000 this year, and with Bulgaria, Romania, Albania etc all joining shortly how many will come? 500'000? 750'000? Even that liberal prick Corbyn said we have no control over the numbers... Also Goldman Sachs, The IMF, and George Soros are all backing remain which is a good enough reason for voting leave in itself IMV
Gold bar, the USA is already in recession and has been since Q3 2015 If it wasn't for all the ridiculous "seasonal adjustments" this would be glaringly obvious even in official data The only reason for dollar strength is Yellen harping on about raising rates for the last 3 years... As soon as the market realizes she has about as much credibility as the tooth fairy the dollar will "normalize" against other currencies NIRP and QE4 are coming shortly which means the only stable "inflation proof" currency left will be Gold
Dibs, correct if we were talking about a bank loan... Convertible bonds such as these carry a maturity coupon payment composed of; (real interest rates + inflation Expectations + risk premium + lender margin) * time value to maturity... The coupon payment is a function of this, hence the 13.5% yield.... Thus to borrow say 5 million over 5 years will cost you 13.5% (of 5 million) at maturity... This is the total cost of issueing the bond, not an annual interest rate...
Feel I should interject here, As they have extended the bonds maturity by two years it is obvious that they will carry a higher yield... This would have little or no implications with regards to SHG's credit worthiness IMV... Bonds pay a yield to maturity, not an APR hence the difference...