The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I've held TGR before I sold on the big run up this year way to early, I'm not hating on TGR as such just I personally think it's pretty scummy to cross ramp on here. Funding here will done this year for sure and won't be very dilutive the mining licence taking for ever slowed us down for sure . Just leave this board to the trolls please.
Reggie you are invested in WSBN giving other people advice the door is that way ------> In my eyes ACP project far better and offers better reward higher risk as TGR already in production. You probably don't even have a clue about ACP.
Viable I love the optimism but this share generally moves so slow! PGM's moving crazy should be on peoples radars. Have put out lots of good updates since last time the prices was sky high. Into the 140's for sure! If it makes 150+ tomorrow ill come back and give you some virtual Champaign! GL ALL
Do think people are way to worried about fundraise..... He literally said if it's done it will be done by the current major share holders. The last raise was done at 12% discount. It's not like mining explorations or oil doing 20-30% discount. Believe we will have a mini bounce this week.
Listed Investments (£4,524,881.57)
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£604,280.37 (0.13 bid) - Rincon (8.9 million shares)
£1,462,483 (6.1 bid) - Rogue Baron (21,543,563 shares)
£770,366.07 (0.59 bid) - Eagle Mountain (2.5 million shares)
£1,300,482.39 (0.83 bid) - Charger Metals Limited (3,000,000 shares)
£180,000 (1.8 bid) - Oscillate Plc (DiscovOre) (10,000,000 shares)
£95,484 (0.27 bid) - Empress Royalty (600,000 shares)
£111,785.74 (0.091 bid) - Pacific Nickel (1,945,757 shares)
Total NAV Unlisted (£440,000)
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£265,000 - Low6
£125,000 - Anglo Saxony Mining
£50,000 - Media Tech SPAC
Summary
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Total NAV Listed = £4,524,881.57
Total NAV Unlisted = £440,000
Total Cash Held = £1,331,000
Total NAV = £6,295,881.57
449,796,506 Total Shares in Issue
Current NAV SP = 1.399 Share price = 0.925
Trading 51.24% Under NAV
First tin and low6 hopefully list before end of Q2 and both should list at double guns investment price. Charger metals now a monster holding hopefully takes out a new high soon. With the way lithium is going only going up! Hopefully good week ahead
Good updates today podcast on vox channels about the abouts. Peter said low6 will float at around double our entry so quick bag hopefully. Also Anglo Saxony Mining/first tin listing soon will no doubt raise NAV further.
Hopefully now cash is well above 1M we see some more of it deployed
Hopefully tomorrow low6 news is the date of list, gun was trading around 2p for ages mostly riding on low6. Hopefully we added to the 5m raise announced Friday.
The rest of our investments hopefully will bounce tonight, ASX missed a bounce last week due to Australian day. American markets strong Friday as well.
Rincon putting out results markets like most welcomed!
Why did they get taken over for such a low amount?
Charger up again lots, I ran a NAV calculation using charger at 1 probably will retrace.
Current NAV SP = 1.5248 Share price = 0.8
Trading 90.6% Under NAV
That's pretty mental gap to NAV we have also lost 200-300k value because of Rincon being so illiquid and has fallen from 0.225 - 0.16 on nothing! Low6 at some point as well.
Must give credit that charger metals what a amazing investment using 1 as the price the investment is worth 2m pounds, which is most of our MCAP! would look much more gloomy if we didn't have it.
That is the million dollar question people unsure when news is, I don't really wanna guess either haha. Almost 150 days since ML. Black rock all time high last night / graphite soaring / Tanzania getting more investment but doesn't count for much until the RNS machine fires up
He’s not a billionaire lol, multi millions tho