Agree patience is key. I hope the wider market madness doesn't dampen the effects of a positive outcome on Friday... I feel we are so undervalued and we could do with a jump up from current pricing
As Mojo often says, AIM is news and sentiment driven and BBG is playing a blinder so far with a steady flow of updates and leaving us with some near term dates for the diary....
1. Elizabeth Hill - Purchase decision (25th Sept) 2. Donovan 2 - JV due diligence to conclude with Capstone (circa 23rd Oct) 3. Hammersley - Assay results from sampling (end Oct)
Not wishing to count eggs, but assuming we get a successful conclusion to the due diligence and an agreed JV, does anyone have a view or any insight from other mining investments eg GGP as to how quickly we could expect operations to start post a JV being signed? More specifically, when might we realistically expect revenue to be generated from Donovan2? Ultimately this will be a key future milestone on the journey so am interested to know when that could be. Any views gratefully received.
Thanks Mojolse. Another great post. Really insightful and just highlights the frightening potential of UFO if silver performs as most commentators expect. If Bill retains his A game then 10p is just a starting point imho.... As the saying goes go long or go home! I'm holding tight to my cache
RE: Half a billion dollar company!9 Sep 2020 11:17
Great news. This is moving along nicely. I'm really impressed with the regular news flow and pace of progress. Looks like a management team that know what they are doing. I'm hoping for big things here in the medium term. Such a great start.
Apologies... I meant lifetime allowance re my comment on 55% pension tax not annual allowance and I think its actually now approx 1.07M. As always though check with a professional adviser, this is based on my own understanding and isn't advice...
Nope, no tax on ISA's that I know of based on current regs! But I'm not a financial adviser so as always best to seek advice from a professional. Cheers.
Hi, I can confirm that it's 55% tax on annual allowance which is currently Β£1.055M and increases with inflation each tax year (based on current regs). The annual allowance kicks in when you crystallise your pension i.e. start taking money out. And the 25% tax free cash is included in the allowance not additional. Please don't take this as advice, best to see a financial adviser...