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Might be a price extension? I texted the chair Nigel Burton a while ago asking if an informative RNS might be on the way. He said “I can’t comment” short and sweet. Nigel is usually very helpful and gives as much as he can without getting into hot water. Not many Chairs reply. He could have just ignored me. Just sayin’ LOL who knows -I’ll just wait patiently then.
New CEO (ex marketing dir) takes over 1 May. Sturrock moving as Non exec to the board. Possibly that?
Anyone have any thoughts on the ski jump graph today and pattern of purchasing?
Deffo filtered
Just had similar in a text message reply from Mandy
“I can not commit to a specific date I’m afraid. We understand shareholders would like an update but our number one priority at the moment is getting as many kits as possible out of the door. We have made regular announcements and will continue to make others as and when we can.
Thank you
Mandy’
I emailed Mandy Cowling - NYCT investor relations - today and got a similar response others have received. I’ve pushed for a timescale (not that she’d leak anything tbh)
“Thank you for your email and continued support of Novacyt. We have received a number of similar messages which we’ve taken on board and will try and get something out in the not too distant future . . . . . . . and we will do our best to make it stunning and incredible!”
May be if little use if you’re incredibly knowledgeable on this stuff (which I’m not) but thought I’d post anyway. View from mining chap in Aus.
“This could be 26 to 27 grams per Ore removed making it viable as an open cut , reduces somewhat with the price going up.. it could be still very viable for a lot less grams to still make it viable for an open cut venture...Open cut mining means you don’t miss a god dam thing..?? l think any smart investor right now is sitting on their own little Gold Mine.. from what I’m hearing here, l believe this mine , when revealed, is going to be quite large and very profitable.. it might even outdo the Super Pit In Kalgoorlie”
Sorry if you know this but I thought I’d post incase useful
I have a few friends in the mining industry in Victoria one of whom I’ve just asked to scour the press for anything which breaks in Australia today (now) for them (1020am Tuesday). If he finds anything. I’ll post it here as soon as I get it if it looks significant.
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Probably the same as everyone has found but if useful to anyone was worth posting.
Hi all
I had the same thoughts. I deal with HL. They said.
Your question is very important given the current circumstances, so I hope the below gives you some peace of mind as to how we protect your assets. I have included a section about stock to explain how if HL collapsed, we cannot ever access your investments (or cash balances) to satisfy our liabilities. It is also worth a quick note to explain that HL is still a growing company, we are very financially secure and we are a huge organisation (FTSE 100 company), we have never been in debt as a company and even through the current situation, we continue to grow in size as a company. People are still investing, placing trades, and holding assets with us, waiting out the current market downturn. Very luckily for ourselves, we seem not to be too affected by the current climate.
Investors are likely to be covered by the provisions of the Financial Services Compensation Scheme (FSCS), if Hargreaves Lansdown ceases trading. It can award up to £85,000 in compensation to any one investor where they decide that an investment business is in default and is unable to satisfy any claims against it. This increased from £50,000 on 1 April 2019. In addition, if one of the banks which we use for depositing cash balances is declared in default, each individual is entitled to 100% of the first £85,000 in total in compensation for losses across all their deposits with that institution. All client money is held by us on trust and is segregated from our own funds in accordance with the FCA's client money rules and guidance so that any creditors of Hargreaves Lansdown would have no legal right to it and we cannot use any of this money to cover Hargreaves Lansdown's obligations. Client money in an HL SIPP and PMS SIPP is held in separate SIPP client bank accounts which are segregated from other money held by us. Our senior management and Treasury Committee are responsible for periodic reviews of the institutions with which our deposits are held and the proportions in which they are held.
Continued in next message...
Hi
I’ve used Jason for a fair few years. No harm in speaking with him? Leave it with you.
Try this chap Jason Martin / BEng (Hons) / Independent Financial Advisor / Managing Director
LTI Wealth Management Ltd, Suite 1.07, Eliot Park Innovation Centre, 4 Barling Way, Nuneaton, Warwickshire, CV10 7RH.
Tel: 02476 796425 Mob: 07796 888526 | Email: jason@ltiwealth.co.uk | Web: www.ltiwealth.trustedadviser.info