The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Or am I just over analysing?
I know we've all interrogated yesterday's RNS to the n'th degree, but:
'Notwithstanding these factors, discussions regarding proceeding to binding proposals are continuing.'
Plural...binding proposals...
Is that pointing more to part sale, JV?
JC76, I see what you did there, v good :)
Well done Joe Root, 100 not out.
Agreed GLG, Smith and Warner should have been banned for life for sandpaper gate. Disgraceful behaviour
Morning all, so all EUA news appears positive, moving towards legally binding agreements...and Joe Root about to get a century. All is good
Dmitry? Or Hoochy in disguise??
Good question CAW1. I don't know. I guess as it isn't a hostile takeover there's no compunction on the board to take that offer to shareholders and recommend not to accept. I would expect they'll make the decision as to stop negotiations and carry on mining at accept the offer subject to shareholders agreement... hopefully somebody better informed than me can advise
I would guess Sbrace that dl Piper are negotiating with all parties, and all potential structures, and will present options to the company as the process evolves. The dfs will have been read and understood by all those interested by now, and will have informed the potential buyers of what's the best estimate of what's in the ground. The approval of the dfs will be of public interest and confirmation of the geological survey, and will affect the sp but not the current negotiations.
I think we may have an offer accepted and put to members before month end. All imo
M135i I read nothing at all to put any doubt in my mind with the RNS. All positive. What you might see as vague would be down to the nda. I'm sure if the BOD could tell us more they would. Multiple players involved is exciting
Just an observation good people, but quiet tonight, BB lacking in the usual derampers and naysayers. My observation is that when this has happened previously, the sp flies the following day. Possibly indicative that the ii's have accumulated their fill. Maybe I'm 100% wrong, but will be interesting for me to observe what tomorrow brings. Just imo...GLA
Agreed Craig time to consolidate
Hoochy, outstanding...you make me belly laugh...keep the faith
Coastline agreed to end of the month. And I would assume all parties would already have seen the dfs prior to it being sent for approval, so it will have been factored into any negotiations
Best of luck viable and fundamentals, hopefully a very good year ahead for all eqtec investors
Same here atfundamentals.started at under 0.5 and keep holding and topping up. Last buy was at 2.6 but not a shred of doubt as sp dropped that it would climb again. The current pipeline alone, never mind anything that's added, shows how much eqtec is underpriced, and how far it could potentially reach.GLA
Absolutely Oliver well said
Hopefully a nice steady rise in the next few weeks.GLA
Tilly just imagine the second half when DFS is released, last few minutes to the final whistle with the wind behind us...imagine the final result...only one possible winner..the holders of the golden tickets. GLA
Dogcatcher, agreed. Good post, I think we're weeks rather than months away from announcement