The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Truth is the history is history, painful as it may be. Situation now is very very different as a result, and the future looks very good indeed, as they highlight.
Placings are a fact of aim life, without them very very few companies would last very long...
I would not say only way, the fundamentals remain the same, news on progress on any of several fronts should spark interest.
Regardless, what seems to have been a group entering and exiting on advice from somewhere, the potential to realise fairly decent revenue flow in short to mid term is very good. When considering current SP this will move very nicely on those announcements, and it won't just be a trading group testing the water, (though they will be back too).
Thus my strong belief is that we are finally on the cusp awaiting a push up to a fair value, and anyone buying or adding at this level really will enjoy the ride.
This is my opinion anyway.
GLA
Thanks Quipp, must be worrying, unless you have ties and info flow, I have a few other holdings in companies now off market, one is forging ahead, another silent but may prosper, the other a certain dead duck that went out on a massive pump the day it delisted... these Tally though came to me unexpectedly, so have not kept track in any way, do you have any contact with them?..
Is this an active chat?
Just come across 15858 of these shares, well Tally, is it alive, in a coma or just a dead duck?
Plus the resource is sparsely drilled, and as Colin says they will mine the ore, there is large potential on upside, considering grades at other sites, suck it and see, excellent news...
Fag packet, 13% for the outlying stuff, and 23% for Fairbride / Dots luck could potentially see a few hundred million to XTR, maybe even worth dredging the overburden from terraces for Alluvials on our own account at some point too.
GLA
For what it is worth, found this:
https://www.agility.com/insights/COVID19/mozambique/
This is updated on Mon and Thur
Nice podcast, covered all projects and more, very positive.
Would be nice to see an update on Alluvials, q2 and since end June, believe it may make good reading...
They could alwsys put the plant and crane on a ship, it can only be a couple of days sailing, plenty of ships trade the coast?
So far only a very small part of Alluvial has been targeted, along the river.
I agree we need some action on some other parts, with gold price much higher then it can be more productive, the terraces in particular, where larger nuggets can be found.
Eddie the Eagle
Enjoyed the movie..
I was an overner, lived in Arreton till 1979, they were very friendly back then, everyone knew everyone, and even went on a tour of the first drill site, way back when.
Close to where the elephant got his trunk? RK
I have also registered and will be trying to listen in, 5pm my time, but satellite signal is poor, and was unable to join a separate webinar earlier...
Ok thanks when I get decent internet I will try, what is deadline for voting?
Where do you find the agenda, motions, and how do I vote by proxy, being stuck at sea as I am?