focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
With only 24% available to the public, and I have a fair few of those, and so do a few others on this board. Any new demand on good news will block the socks off the price. Look at today for example on such little volume.
I have booked my train, coming down from the north. Even if nothing is released, pointed questions and body language will tell a story and give an indication as to whether this is still a buy. I also want to register my interest with them, as there is only 24% of the shares available to Joe public. I have too many, I just couldn’t resist as positive news was released and the share price goes down.
Well I am confident that it is just a matter of when, and just sucking them up. I am now only down 50%. I think that is a really good average considering the stage that we are at. The market however couldn’t give a toss about where we stand, and the value of our assets. Time will give a verdict.
Well I have been wrong on this share all year, I expected a big rerate, and it just haven’t happened. The market must be waiting for the off take agreements and possible dilutions. I don’t think Frayne will want to dilute at these levels, and be more generous with the discounts on our minerals. Here’s hoping! It is very painful at the moment, but a very good opportunity to multi bag.
The trenching is over two kilometres, multiple targets identified from the work done so far. 3% royalty and a payment of 1.2m, and our minuscule market cap. I wonder if the very large Spanish company would consider diversifying? They obviously now have a relationship.
I do, we have some cracking assets that are in demand and is the way the market is moving. Crucifying PC now is a little premature, when we are still negotiating! My money is placed. Relax it will all come good, the assets are not going away and underpins the company. Enjoy the ride.
I think we are up for sale, and is the concentration rather than dividends.
All deals will require an element of due diligence. We have 5 companies interested with their own agendas, that could be linked into a mega deal between them all. On top of this we could layer in the Hazen project. I think we will get answers on the Sepiolite project first, 4 months to run, max before we get an answer.
Cobre finished up 34%, with our 21%, this should lift the price today in theory!
How do you come to 30%? I just took your 10million valuation, and took 20% of it, giving 2million. A positive position for once.
Cobre up 20% again today, this is nearly 10% of our valuation. At some stage our discount will be recognised. How about another push from investors chronicle! An easy 30% is in order!
Up another 20% today. My 3 buys today showing as sells.
https://hotcopper.com.au/threads/ann-additional-significant-copper-intersection-at-ngami-project.6895240/
Great news on cobre, looking good.
I am a big believer Claire, and keep just below reportable, buying on any new issues. This share is going to be the family pension maker, the stars are aligning nicely. The negativity from some has provided an opportunity. The downside risk is negligible, but the upside is fantastic with so many opportunities. Lots of ways PC can slice the cake, as we are sitting on some great assets.
You are right again Sheldrake, I don’t want a one sided echo chamber. However your arguments for not investing are focused on personal animosity against PC rather than on the business assets that SRES owns. You total argument is that PC hasn’t got what it takes to do a deal, when the evidence signed off by brokers, is that we have multiple companies interested. We haven’t done a deal yet, but it is not to say we won’t. You are so definite on the won’t, you rather loose any credibility. Come back in a couple of months, and then start crowing, until then I would go and find Jesus. It will give your life more meaning.