The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Takes time to organise so an EGM before xmas and we could have started drilling by end of the year which is only 14 weeks ish excluding Xmas! What a 2022 we have lined up
Plus 3 x as many buys as sells today. People loading up as we get ready for the 5s
This ML update due anyday now....could Friday be the day?
Months since potential JV announced. Wet signature and 50p SP this week?
ML app disappeared from mining and minerals portal nearly 2 weeks ago now. Even at African time it must be this week! Get ready for 7am tomorrow!
Just how big is this area of mineralisation now as I can’t keep track. They seem to be finding gold everywhere!
Best week in ages ....seller appears to be gone , over 5p we go tomorrow ...we are in pole position for ML now with nothing holding us back. Imagine if they give some details of financing in the ML update
Results due anytime now on all the drilling thats going on....
Having a good week so far this wk the SP, mining application absent from the mining portal so an update due any day. Seller seems to be done as the buys are ticking the price up. Could be 5p before the ML is announced meaning 8p -9 ish on the week of the news? Some say 10p which is possible depending on how many buy in for the low capex, high profit production coming next year
We should be getting updates on the exploration in Finland anytime now as well as news on the wet signature of the JV with the Turkish miniming giant. Once signed with a wet signature I see 100p by xmas....as the news will come thick and fast as fully funded for drilling and world class experts on the team to progress this at speed
If the mining portal is still blank then its either a yes or no probably this week as details are being updated as we speak. My money is on a a yes its been granted as the President is business friendly, we can create significant revenue for the government and create hundreds of badly needed jobs.....we have ticked all the boxes needed for a positive outcome. Low capex means we will be producing early next year with financing agreed before year end which is the next big share price mover after the license agreement.
On the application code on the ML portal! it feels closer than ever now!
Last financing price ....should be around the 27-30p range minimum while waiting for further news.
We
Since the ML applied for...anytime now and watch this re-rate
in past few hours...hotting up! £100,000 buys and £3,000 sells....does some one know something about this long awaited ML?
The future has so much potential it’s unreal.....this could be a huge find and gold seems to be everywhere. The more Gold closer together the cheaper to mine ....let’s get that JV signed and start progressing to mining as per the JV
Lots going on behind the scenes....we could do with an RNS with an update...potential time scales would be helpful now that the due diligence holes have been done and accepted.
Surely needs to start a slow re-rate over the next few weeks (hopefully not months) until the wet JV signature is done and then we can beat the year highs to a more sensible valuation of 20-30m
I bought a small top up to average up at 45p this year. Wont be long until that buy is in profit