Although the offer from KIST as tabled is derisory, I am pleased that this has brought the value of Serica into focus. No more sub 300p trading. We are now firmly in the spotlight of predators. Bring on the offers!
"we are now also actively exploring how we can roll out a much-more expansive reconnaissance campaign across our 8,800km2 property."
Sounds like a partner of somekind IS in the offing. Deal with a major? Keith, AA riding in shortly? :-)
Joe, I really hope you are right. Certainly seems to be some momentum building this week...
I am not getting excited yet. Bought at around 50p in February and have held (stupidly?) all the way down, even when the Telegraph Questor said sell at 8.25p. ( I have TGP as part of an IHT portfolio). Haven't bought more. Would be pleased to see this in the twenties next week though.
I wonder what is moving this? Just a realisation that it is incredibly undervalued in a market that is undervaluing most junior miners maybe?
Clearly way undervalued if (as it seems) they are a "Going Concern". Shorters getting burned today?
This might interest some:
https://www.marketindex.com.au/news/cobres-share-price-soars-as-investors-eye-launch-of-botswana-copper-drill
Zahawi the tax cutter?
"Mr Zahawi, who was appointed to the Treasury top job after Rishi Sunak’s dramatic resignation last night, said: “I want to be one of the most competitive countries in the world for investment.”
He said corporation tax was the “one tax [investors] can compare globally”, adding: “I want to make sure we’re as competitive as we can be while maintaining fiscal discipline.”
Maybe start by axing WFT then?
News inbound tomorrow? Nice little flurry!
https://www.telegraph.co.uk/business/2022/07/05/ftse-100-markets-live-news-flight-cancellations-nuclear-power/
"Gas supplies to the UK from Norway could be cut off completely this weekend if an ongoing strike escalates."
How on earth can we be down?