The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Well we have 310m plus 6 days by about lunch time today@ 60m per day =360m + 310m = 670m minimum
Therefore neef another day of mineralization drilling at least. Update possibly tomorrow or later i wish. The only thing bugging me is the market reaction. I would of expected a steady increase by now. Leaky leaky of good news should have started at this stage. It does seem that the drill is marching on without issues and CB will realease info when he has the depth of this drill plus test redults back in order to make a big impact.
Best we hurry up and stop digging holes and start extracting all that copper and yellow stuff fast. Personally i think we will be selling the site either to AA or the Chinese who are desperate and would pay a premium. Just how much, will depend on them holes being churned out as we write. My original tongue in cheek Sunday could turn out to be reality and boy i don't need to say much more if that turns out to be the case.
Worth waiting before you make that decision Cave. All down to how this drilling will pan out. If not so great then you will not see double figures. However should this be far better than expected then this will continue until XTR becomes midcap which is what i think CB would be planning for.
Beyond belief.. drill still turning must over 270m into mineralization and the drill is still turning . No RNS yet for either bad or good. Yet share price is down and shareholders selling. I don't get it as this should be starting to rise in anticipation. Do they know something we don't. Staying in to find out. Famine or feast me.
Steady as she goes. With any luck this drill result will be the driving force for a positive SP upward trend and these levels never to be seen again. Investment fund companies will also start waking up. Then as ogm4 says steady flow of news would drive this to party days just in time for Boris to open up the UK. Boy we will party
Thanks Florida. I think your thoughts are inline with. If i see a date to commence drilling then i will believe licences have been agreed and signed. I experienced the same pattern and promises over at AAOG. Therefore everyone please forgive my scepticism over this news. I want this to happen as much as the next man as Zenith could recover my losses invested with the predecessor.
Does this actually mean that contracts will be completed?
If so then when?
Percentage splits have or haven't been agreed?
What has been agreed with outstanding funds owed to AAOG?
Finally when will we be clear to start re drilling?
Hoping this doesn't go the same way as AAOG who spent an age to trying to sign the new agreement which never materialized.
Assuming today that the longer the no RNS, the longer the drill, the bigger the pay load, the bigger the news to come, the higher the share price, the more more multi bagger, our larger bank accounts. Would you say that is a good assumption.
Rolling, i take your point but as said it is ten days now, taking into account the delay and news was expected by Tuesday or Wednesday latest originally, then it might be fair that this make or break news would be expected later today. My thoughts are around that leaky leaky activity is normally ahead of the game. Therefore reflecting the movement of shares. Just wondering why this had not started to happen yet.