The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Admittedly, it does feel like Newmont are not prioritising Anza. A year passed and little progress has been made at Anza. Hopefully we get an update soon as I'm sure alot of shareholders are losing their patience! However, we've seen the share price can change very quickly..
The ceo said they will be updating the info on the web as soon they get it (in October). Although the cut-off date is at the end of each calender quarter (30 Sep), its normal to get this info one month later.
Based on this, it could be updated anytime from now to 30th Oct.
News from Newmont/OMI on Anza can be released anytime. I have no idea of timescales, but I would like to think we are not too far away from news. This share can jump up on no news. We've seen this happen several times where its pumped and dumped. All it takes is a few big buys which can lead to a frenzy of buying. Similarly a few big sells can do the opposite.
Hi amoorti, this happens when the shares go to auction. This source is a pretty good read.
https://aim-watch.com/articles/price-monitoring-extensions-explained/
RNS out. Loryser creditors agreement approved by court
https://www.lse.co.uk/rns/OMI/orosur-mining-inc---loryser-creditors-agreement-approved-by-court-vk8wrsywkzr2kx4.html