The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
1) Are GGP obliged to divulge that they have commenced drilling as it's not necessarily a compulsory RNS? I don't know if it is or not which is why I ask the question.
2) If in the scenario they have commenced drilling but not RNS'd it, is it feasible that Newcrest know something we don't and thus discussions in the background?
Am just thinking hypothetically as based on Paddy's ever great work, there's already stuff going on, we just don't know if it's actual drilling or prep work. Might they have an insight already as to what they may have...?
I welcome your thoughts.
Fun.
Plenty news to come so I remain positive, I'm just trying to bag a few free shares, never tried it before. I see the upside even if it does drop further, it can do so till the end of the month if it likes so I can get a cheap top up.
He was ALWAYS going to suit his own needs as should everyone else, I may be new to investing but he was obvious from day one, he was never a savior. Don't begrudge him making money at all and fair play to him, he's never been fundamental to my investment.
They did say commencing in 4 - 6 weeks which would mean anytime now. Weird price movements just now however I'm not expecting any blockbuster news until 12 weeks away (rough time till scally results) unless they strike and decide to share the news early before all drilling complete.
I have held since E.G. and will continue to do so until at least Scally results but I definitely get the butterflies in my stomach with each quarterly from Newcrest, I believe in my investment but still get the jitters.
All the best for tonight folks, I hope it's another air fist punch night.
Fun.
If we hit another bullseye hole it's proof of our approach so reasonable for others to expect more good holes, I don't see @tom_the_bomb's assessment as totally out of this world... I do estimate 18 weeks for here as usually about 12 weeks from drilling till results. A very good core I'd imagine they will want to talk about faster than that.
GLA, this is getting interesting.
Fun.
In the most part I've stopped reading the board - mainly to focus on my investment and not a lot of the nonsense being posted since things started heating up here. There is logic in all the madness, ain't nobody gonna shake my shares out my hands until I'm ready to sell for my own reasons.
All the best folks.
Fun.
Stupid noob question: I got in here for sale of asset / JV so if the fundamentals remain the same and shares in issue are much lower, this in turn affects potential share price on that outcome in a positive way. Potential further dilution for cash raise aside which is my main concern just now.
Correct?