If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
Just spent time (seems like hours) alongside my wife on her mission to peruse all the beauty counters in various Cambridge stores. Where present, Revolution looked good - tidy and well stocked (compared to some) and professional. Doesn’t look to be a company on the verge of collapse..!
Not the worst placing which sets the company up to get on with the development programme, and trades are mainly buys, so odd that it still drops. It seems the rule of thumb is the sp drops in any placing to the figure paid, regardless of size of deal or the reason for it. Right now things looks very promising, albeit taking the mountain permit being forthcoming - imminently as Patterson says again.
Do the directors have much/any skin in the game? It would certainly be good to see some acquisitions by them around now.
Personally, I bought in at 119 on the way down thinking 150 was a reasonable expectation within about three months, given the general economic outlook seems a little less gloomy. The sp did seem overheated before the drop with a PE ratio at c45. Anyway, hopefully the bottom has come and gone.
Not good if experts from seven majors/super majors have looked at 3B/4B (as GH was saying before Christmas) and none want to sign up. KH has previously said they couldn’t do it without a farm in, so to now be saying they might do that suggests the level of interest from third parties is currently low.
Once again Keith Hill says stuff that is strangely different from what ECO has said previously, e.g. about the farm in of 3B/4B. According to GH when speaking before Christmas, they had selected a preferred company from the seven interested parties and that negotiations were almost done. Now? - apparently not so.
If TW’s comments brings BMV to the attention of investors who then make their decisions based on their own considerations, then it’s no bad thing. There’s nowt wrong with a bit of publicity and BMV doe’s genuinely seem a reasonable investment with significant potential.
I’d have liked to hear there were formal scheduled targets for the development of Batangas by the new operator, rather than him saying we’ll ‘chase them up if slow’. And if the Koreans are so supportive where’s the blinking permit. Gold being produced by year end sounded good though. We obviously need real action now, but fingers crossed for obtaining the permit shortly.