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Thats what I thought and couldn't find anything else myself but never any harm asking. Long may the re-rate continue!
Is there any news that has been missed driving the price increase over the last few sessions or is it just a rightful re-rate?
Just re-read your post Brad. I read share = share price/mcap not share = share of total market. 229 bill sounded way too optimistic but makes more sense now as a share of total market.
How do you get to £229B? £229M in near term sounds more reasonable (and still amazing).
My understanding of the RNS on the 30th Nov is that the terms of the letter of intent are in place but have not been signed because they need shareholder approval. Once that has been given then the letter of intent is signed and the JV agreements can go ahead. These are the relvant quotes that make me think that
'seek their formal approval to proceed with the transaction'
'Given the need for binding contractual documentation to be executed and satisfaction of other conditions to be contained in the definitive agreement, including approval from shareholders of Conroy Gold being given at the EGM and applicable regulatory consents, there can be no guarantee at this stage that the Demir Export JV agreement will become unconditional.'
What are everyones thoughts on the share price being a limiting factor? What I mean by this is at £350mill mcap the share price will be c. £10. Do you think there will be a share split to keep the price looking affordable? Not that a share split is a bad thing, just pondering it all. Thinking of the psychology of it.
From looking around it seems that if your shares are held in a nominee account you generally don't get contacted to vote you have to contact your broker to ask them to vote on your behalf. I've also read that if you don't express an interest you vote is given to the chair of the meeting to use as they want but not 100% sure about that.
I hadn't got a message fro mine either which is what prompted me to post this. Just had confirmation from them that my vote has been registerd though so thats a few more votes in favour of it happening. I doubt it won't pass but just want to do what I can to make sure it does