The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The person mopping up with 2.5m buys at 1.85 disagrees
Could they be one of the same people today saying whatever they can to convince folk to price will drop? Or are they just a happy buyer at what they feel is a silly low price versus where they think it’s going?
I think there’s a good amount of fear spreading to help accumulation atm
Lorna’s presentation, candour and executive presence exceed most other explorer CEOs immensely, or should I say she does “from a great height” if using expletives.
This aim explorer market is awash with crooks and scoundrels. It’s so refreshing to see an honest, straight talking and genuine person. Brad at OMI, Shaun at EEE, Lorna here (and many others am sure)
These are the good ones. And it’s a brilliant sign for what is hopefully a spectacular business.
Seriously impressive and informative update
As ever
For the naysayers… I will of course need to cross ref this info. (Like we all do)
But as a potential direction of solid gold and hugely reassuring intel… once verified… I, and many others am sure, remain very grateful
Hmmm
HE1 aren’t drilling
They are in possession of crucial sensitive company defining information, that’s being verified.
I think. Maybe I’m mad. But I think. They are locked out.
And they bought into the last fundraise. It’s on the RNS
Anyways… I’m not in for the arguments so I’ll leave you all, or y’all, to it
The ave concentration table from Noble is a fun read...
Qatar 0.05%
Algeria 0.19%
Russia 0.06%
USA 0.35%
Canada 0.10%
China 0.03%
Aus 0.03%
Poland 0.10%
Nobles MBelele 2.45%
HE1?? 4.7%
If only maths were the general populations strongest skill... everyone would have cottoned on to just what it means when someone says
"the results are nine thousand times better than expected".... should prob just write 9000x though
and then so "oh and these other results are thirty seven thousand times better than normal and its not even something we expected"
so you cant even say 37000x because there was no x.
its a surprise gift that is also 37000 times better than even the first surprise itself.
when numbers go bonkers, even when its in a ridiculously positive way, we humans just seem to get a little bamboozled.
i think that is a little whats happened here.
the ever pessimistic "surely this is too good to be true". as so often there is a catch or a hoodwink moment. but every so often, just every now and again... it is so good. and it is true.
happening here and happened late last year with EEE after their "world class" discovery,. but they still went 8-10x in the months after the discovery... so id say we are in a decent spot regardless, now the discovery button is green lit
We might get news of commencement of further 40 hole campaign before assays of the remaining 35 holes from the last.
that should be a reminder to all that behind these 35 holes are 40 more starting in the coming days/weeks.
add that to the other info expected re mineralisation, samples and anything else.
momentum is going to be interesting to watch and measure.
there were 12 RNS in Q4
my guess is there will be at least 6-8 further RNS before the end of Q1 which is almost 1 a week from here
unless they package multiple news into one or two. but their style seems to be regular news flow and not overcomplicating the intel contained
momentum here surely maintains. just dont see how it cant.
and there will be more talks with Majors or JVs in 24, which had already started in 2023 and SB was batting away
not sure how anyone could predict silence
The appetite to buy shares that are available is very high..... despite selling this morning the price has held and every time ive tried ive had a full fixed quote for all my holding (albeit only a few hundred k but still shows the appetite to scoop up)
suggest something afoot or a few big buy orders due
My guess is batches of 8 or 10 holes
and the first batch were being assayed week before last.
id be amazed if we didnt get anything
am expecting something this week or next tbh
they are motoring the Ops and newsreel concurrently.
Note they posted another of the presentation videos from SB on their company LI page this morning
Cant see them waiting to send 40 lots of RC assays all at once when they phased the release of just 3 initial DD holes
interesting to not be able to buy or sell a single thing atm. seems like the entire stock is in auction.
The RC had begun from the 20th Nov RNS
meaning its now been 11 days at least.. prob 12 - 13.
per SB interviews they will get through a hole a days (or thereabouts)
the assays for the RC work will start flowing soon
hole 3 cant be far away.. maybe tues?