The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Nigoil has been busted... Sam Moody in disguise.. who else has so much time on their hands to post so many positive posts, mostly around timelines and “special knowledge” that no one else believes and that are never met... there is a pattern!!
N
Half a million shares were sold at 4.32 then 120 thousand bought a few minutes later. Have a look yourself. No sad agenda from me, it’s just a shame things are not as positive as we would all have hoped. I only hold around £5k at today’s value, if things actually change for the better on REAL news and not your sayso then happy to buy back in, it’s just too risky for me at the moment. Wish you well with your investment
isn't this consistent with the PMO message that they wanted to bring in another partner to SL and were prepared to sell part of their holding?.. may be mistaken?.. Spreading the risk seems a very logical step and IMO helpful to UKEF....
Remember its a minimum of 3 months from any application to news... and that will be the next meaningful RNS so we are looking now for a November earliest date.. FID if at all early 2020?... nice to see some positions being taken today, but to early to say this is the dawn let alone the sunrise we were hoping for..
Maybe people would get less stressed if they read previous posts and attended the AGM, board were crystal clear, UKEF funding application in “soon” and they take a minimum of 3 months, then FID after that, so EARLIEST news would be October. In the meantime put the kettle on and watch a bit of Wimbledon. The RKH excitement is still a few months away....
All as that may be the facts as confirmed at the AGM are, 1) Almost everything is in place for FID except the ALL important finance. 2) The finance application with UKEF has NOT been submitted but it is HOPED to be submitted shortly, 3) It takes a MINIMUM of 3 months for a UKEF decision to be made (and Prime Minister/Cabinte changes may have an impact on this) So NO positive news for SH until OCTOBER at earliest. Therefore as a purely INVESTMENT decision, RKH over the next few months is not worth a dime, money can be made elsewhere (and the SP reflects this fact) and there in plenty of time to come back in Sept and Oct.... at least thats my theory....my RKH money now in RR
Greenspot, regarding the Agm, are you sure you went to Rkh’s?
Nigoil, second row, LHS third seat in, blue suit, pink shirt, and unlike you asked a question in the main Q&A session, question number 4 to be precise...
And you?....
having been to the AGM and thought long and hard, I have decided to sell a big slug of my holding, and have just done so. 3-5 months minimum wait (SM own words) before we know re UKEF, and longer for OM, so this aint going anywhere... I have simnifically reduced my holding FACT
NigelH
having attended the AGM, I am going to do the same with my holding today, 4-5 months I think until we get news from UKEF (bearing in mind that the application is not in.. although some positive mood music).. and board v clear that it is not a fore gone conclusion. OM money will not be a game changer and again we have no firm date... so in the meantime will look to gain value elsewhere.. always time to jump back in later, on firm news... and so what if I miss the low 20ps and jump in at 40.. still profits to be gained IF SL goes ahead... as for writing to MP's Sam was clear and I believe him.. that would be foolish and work against RKH