The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
As I was trying to explain earlier, if you wait till after the licenses issued, you will effectively lock yourself out and lose a lot of the profit you could’ve conceivably made. Hold off now and it’s an opportunity lost. Sell now as some are doing and you’ve sold yourself short.
As well as receiving the reinstatement of the prev illegally suspended licences I think the following would be appropriate:
1. The ‘old’ licences are reinstated with a long term duration minimum 10 years
2. Any subsequent licence applications in progress should be approved immediately
3. Financial compensation should be paid to the company by the relevant SL authorities in lieu of the delay of at least ONE year to the project and the subsequent cost to the company and its stakeholders.
4. Any other incentives that can be offered to assist the timely completion of the project
Oh right so I’m not a ‘serious investor’? I guess I have to be invested heavily here to be taken seriously is that what you mean? 🤷♂️
What do you mean ‘regardless of funds’?!
When did Cash not matter? You can have all the resources you like in the ground but unless you have the cash to prove it up it means nothing. There is nothing in their latest statement to say that they will have a JORC resource at the end of their v limited programme.
And £430k is nothing.
I’m not saying this couldn’t be a good investment I’m saying it needs cash. A lot more cash.
Well £4 def wasn’t the floor but this now looks v cheap so I’ve added some more …
12-Oct-23 12:09:28 366.24 2,000 7,325 O
Trading Update for year next month.
Paul - and you were correct to some degree which I agreed with the other day. But it was not a pump and dump - that is what I associate with purely ‘hot money’. There was substance behind the rise not mere speculation.
Oh and ‘when’ not if the licenses are reinstated😉
‘What's with the big spread?’
It certainly indicates a lack of liquidity. MM’s either don’t have a lot of stock on their books or don’t want to have a lot of stock on their books just now. This has been extremely volatile.
Of course they may have also dropped the bid to scoop up more stock through/stop loss limits etc. so called ‘tree shake’
Predator - in my (substantial) investing experience people behave like sheep. A ‘You first’ approach to things. They will wait until others buy and it’s more expensive and then buy. Happens every time. I prefer to buy when stocks are cheap. Before the herd arrive.
Baaaa Baaaa
😆
Xel123 - furthermore LB Group are no small fry they are a big player. Biggest manufacturer of Ti02 products globally.
And make no mistake this is a huge resource on CMET acreage. It will be mined for decades…
Nuff said.
It’s ‘Sea’ btw🤓
Bear in mind when the licences reinstatement announcement drops it could well be an intraday RNS as SL are five hours ahead of us. They won’t be able to sit on that kind of news because it WILL leak otherwise…..
Tricky - I’m sure the company has good marketing capability and will cover all the angles. In any case The internet is such an amazing resource for information and it wouldn’t take much of a Google search to find this test. If you’re an American I suspect very soon (if not already) your consultant physician will be offering you the PSE alongside the existing much inferior PSA.
Recall the company saying there was ‘overwhelming’ demand and interest in the test after the phenomenon results were presented in February this year.
Sit back relax and wait for the inevitable.
Newuncle hmmm touched a nerve? I guessed it would upset someone. I stand 100% behind what I said and it seems quite a lot of other posters agree. There is some absolute nonsense spouted on here and it’s clear those people should never be allowed near an investing platform.
Excellent!
https://vimeo.com/867774633
reading a few of the ‘posts’ on here oh my god. i’m ‘bored’ ‘disappointed’ ‘lack of traction’ ‘where is an rns’
you people don’t deserve to make any money. zero patience. successful investing takes patience its only been a matter of days since the last announcement.
do you think warren buffet comes out with all that kind of moronic ****?
i make no apology for condemning this pathetic short short termism. this is a quality stock. a true rarity on aim. why not go and infest one of the many crappy stocks where you’ll feel more at home.
some peoples idea of ‘long term’ is a few hours!
i expect this is going to upset a few fragile egos on here but i don’t give a s*it if you can’t hack it you shouldn’t be doing this game.