The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Probably best you stick to investing in Tescos. Thanks for the heads up though, every little helps!
Chunky 20 million buy has just gone through at 0.32
Sorry I ment $10 million
Angoose - Is it fully funded for the foreseeable though? How long is the foreseeable?
The bottom line is if these guys dont get their act together $10 billion wont last long. This has been proven by the previous placing.
Dont get me wrong Im bullish here but this is a big let down at this stage.
I do agree. It seems the company have a massive cash hole to fill. I knew there would be another placing due to needing to make upgrades. I just hoped it would be a lot higher than this. 10 billion shares now. What a bus!!
Some is seriously offloading some shares here. Need them to finish then hopefully get back on track
Funny enough I was thinking the same earlier.
Paul is always keen to get the news to the market as quickly as possible.
It could be a case that there's currently nothing to report which happens.
The excited investor in me prefers to think that there is news coming up for Haneti or Molopo Farm.
Id say anything prior to circa Jan 2019 has nothing to do with the company now. Its totally different and the 60p in May 2017 is totally irrelevant (different directors and company name etc.) Have a read through the previous RNS's starting with 28th Jan 2019. After that the story unfolds as Paul builds up the company. GL
As usual another excellent presentation from Paul. I love his passion and he overall shareholder focus. The man has put his money where his mouth is. What more could you ask for?
Everything is in place now. Just looking for that 1st major discovery.
Do we already have one or two in Molopo Farm and/or Haneti (that may be wishful thinking!)
I don't think there is a placing on the cards here. I think warrants are being exercised which in itself causes dilution and more sells than buys. They don't care how low the price goes if they can buy them back at say 0.75 or 1p.
It was mentioned on Pauls recent interview that the Warrant method was what he had chosen for funding at this early stage.
I think someone said on here some expire mid Feb so I'd expect this to slow down in the next few weeks.
Obviously the warrants and a shaky market mean the share price will drift.
The business model here is really good. Good projects with great management.
It makes me laugh that people are happy to invest silly money on 'punts'. Company's with 1 or 2 projects on with silly 35-50 million market caps and management that really don't care about shareholders.
I suppose that's AIM for you. I just hope people cotton on to what a unique opportunity this is.
As posted yesterday by AquaeSulis01 -
https://twitter.com/PowerMetRes/status/1354042137193672706?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Plenty on and coming up. Risks are always involved but but I like these odds. The 27million market cap wont hang around forever. Warrants are providing an excellent buying window.
Anyway that's my cheerleading done. I promise I wont get excited and rampy again. GL all