The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It’s actually in the RNS. And it’s not 6.9. It’s an overall ave across the 67 holes, 14.7% higher rounded up to 15% by SB.
Excerpt
An analysis of the 67 RC drillholes completed to date over the Cosgrove and Thomas prospects (the areas referred to in Figures 3 and 4) shows elevated TiO2 grades are present within the top 40m in 86% of the drillholes. The average grade for the top 40m, representative of the near-surface zone of weathered sandstone, was 5.53% TiO2 metre across all 67 drillholes, compared to an average grade of 4.82% TiO2 metre for the >40m to end of hole intercept which represents an average 14.7% increase in grade within the uppermost 40m of weathered sandstone.
21% would be nuts
And surely would have been in the RNS
6.9 maths @15% above 6 is the sensible view imo
Was about to say. Who’s Stuart?!
He will be yeah. if the entire holding is on a limit order (even if for a crazy price) they cannot be lent out and short sold.
Seems like they are looking for lithium. only thing mentioned. and its a 4mil payment structure for 50% of the project that they will unearth from this point.
seems sensible to me.
see lots of JV structures see similar amounts given away for much less than 4 mil.
get 500k now
let someone else explore,
get 3.5mil more as they do
keep 50% of prize
of a metal they know better than alien do
seems smart
What is going on on this board…
I think the whole team are kinda busy and very focussed on proving Pitfield is the biggest source of the planets titanium, at very low cost to produce, for the next 20+ years… logic beong that it’s now confirmed, so it trumps guess work elsewhere.
Would be my thoughts and I agree with the logic.
It does feel like we are potentially going to see some explosive assay results. Empire have never been so active on socials, and this RNS feels like a chess move.
Not long to wait I suppose before some of the reveals start to arrive. All i keep reminding myself is the last major investor paid 11p a share and is probably sat quite relaxed... so being able to buy these here is hopefully goign to feel quite soon like a bit of a gift.
have to say when i saw an RNS, then read it, then popped on here and saw 30+ messages..... i hoped for some better chat.
would have been guessing a long time before i guessed i'd read some of whats been posted today.
This movement pre the fiscal year end is very positive as April 6th onward should naturally see a surge
Thats before any drilling news of the 40 odd holes going straight into the highest %zones
Should be a good couple of months
Drills been turning a while. and there is a huge campaign ongoing. so its a high chance the next news could be drilling. Either an update, some photos, length of mineralisation seen, how many holes completed.... or plain old assays.
poss other things could land but id say drilling update is a high chance atm
Ive read a few times that the more sour a message board gets the more it indicated that many have their eyes on the share and are actively trying to pursue something from it, which will lead to increase liquidity and potential... makes sense when i read it. so i guess EEE is now in that category.
so many cited when GGP board turned to trash as it was about to go on a meteoric rise... and immediately thereafter
lots of other boards are filled with spewing and anger but only where the business has consistently failed and everyones angry...
we certainly arent in that category.. the failings of EEE are ancient history, were never that bad, and all went way under the radar
so maybe its a compliment... annoying as it might be
Entitled bunch of men. are all BB frequenters men? i wonder.....