The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Great update from Rupert as usual. Worth a watch just for Rebecca but did view a second time with the sound on this time.
Plenty of news in the coming weeks including 62 holes still to report on from the air core program, 75 holes of re analysis for another high grade REE area identified, RC drilling beginning to follow up the recent results, gold resource estimate and MRE.
Happy days!
Scipio you stated 'keep in mind the chances of finding a Havieron is literally a 0.07% chance!' How did you calculate that? Based on what? Curious as you seemed so sure.
Also you said ' And only one in roughly 1000 'discoveries' develop to being mined'. Is that worldwide? Just gold discoveries? In the Paterson region?
Fag packet calculations, finger in the air job or thorough research of the stats? Please tell.
Q.E.D actually am healthily in profit and holding for much more. Your questions are designed to spread doubt and not for your investment purposes as you stated. You might gain more credibility here if you changed your id to T.I.T.
Q.E.D i can have an educated stab at answering your questions.
1. Do you know how much the company has spent in 2022 on lab analysis for drill cores?
No . Impossible to know.
2. Do you know how much the company has spent in 2022 on Surveys
No. Impossible to know.
3. And IF Red Setter is proven (in the future) to be a viable deposit worthy of mining, what does the company plan to do with it?
No idea. Impossible to know.
Hope that helps and thanks for the warning that an AIM company may have to raise funds at some point in the future. Ground breaking analysis.
Why the big drop here today? Can see no obvious reason for it unless i am missing something. Just profit takers after the stellar rise but don't see that many sells either?
Incredible Tweet! What ever happened to the short commissioning time promised in May due to the simplicity of the SFB plant? Remember all the May tweets as the equipment arrived piece by piece and June 1st gas looked tight but doable?
Middle of August now for 1st gas? The sp is holding up remarkably well imho.
I have checked your posts and they are either very negative, negative or occasionally neutral.
We all know the difficult times we are currently living in, we all know the risks of investing in a junior precious metals explorer.
But if you have truly more invested here than most then it must be for a very good reason. Why not post some comments on the potential upside for a change? There is plenty to go at currently.
Second de ramper alert! Uktrader6 nothing but negative posts and 'wise' words of caution.
On 5 July he posted 'Oil gold and silver tanked market down every other time we follow
Be interesting to see if this holds tomorrow'
Today he contradicts himself 'I even have shares in few that actually produce gold and they dont follow price of gold'
So which is it Einstein? The gold price effects gold related shares or not? Filter him or humour him.
' GL has said privately 90% certain sidetrack will work, so its all good for 35m a year profit .. wait and see. SL'
Ye Gods do you still really believe anything GL now says? After all this first gas farce is finally over, next up will be the sidetrack farce. GL as ever makes it sound so easy, just like he made first gas in June sound so simple.
Sidetrack sure to work and double the gas flow and certainly can be drilled simultaneously with production gas flowing? Yeah sure George! Lost the faith a long long time ago.
Not sure they will be able to raise anything for Ghana or Bolivia as they are basically just typical Clon dreams. The 10% Sasanof deal was the only bona fide project they ever came up with and the gamble failed. Could they raise enough at these levels to finance 10% of another gas drill?