The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I think the view/point is that It’s not worth £27m, its just currently sat at £27m…
Am sure most loyal observers are expecting a zero stuck on the end of that, and then a multiple of 2 from there…. At the least
Next few months gonna be very interesting now. Get to see what a proper news flow could be
What we need is the interview. The clear update about the placing and current progress to lay to rest any fear of nonsense and help explain how that placing and the £1.5m goes to expedite everything better and faster to a position us shareholders desperately want
The comms is missing atm and gives this likes of a Chris2 air
Am hopeful we hear soon and we get a drilling update to boot
But alas it’s still a hope atm
I’ve got a ridiculous cost of a house renovation to pay for over the next 9 months thanks to brexit and Russia - literally 2.5x the cost from first plan in 2020. which was supposed to be funded from profits but now is poss gonna just be me hoping to break even in places as lots of positions are underwater
Multiple million held here and needing 0.9+ to clear some profit out and still keep a nice holding
If we don’t get past 0.75 before Xmas it’s going to be annoying but I suspect the 0.8-1p range from mid q4
Also relies on performance of other investments too obvs. Nervy times
Very sad news
May she rest in peace
Royalist or not Queenie deserves a doffed hat, plaudits and global remembrance
If we suspend for 10 days
The last action for UFO was……. A 40 mil buy!!
Nice marker before a pause if ever there was one
If you need a reassuring thought for the evening
Just remember… GGP announced multiple “outstanding” holes today (Shaun’s words)
None of which were as good as PEP001
All of which started over 1.7km underground
Ours is from surface
Have a good evening all loyal Orosurers x
It’s certainly convenient and a bit cheeky
But I’d say the positives this infers outweigh any negatives
Don’t really see what the fuss is about bar minor irritation that we will see a blip in price for a moment
I expect drilling results and revised tonnage are on their way very soon. Along with AA confirmation.
This has definitely been ‘on its way’ since Rod confirmed he’d join, am sure.
I’d lock myself in too and make sure I’m incentivised
He’s done exactly that
What is in store here could be life changing and likely will for a few. From what we are seeing if the potential.
Daily bumps can’t be taken too seriously. This is surely going to establish a solid floor short term at a much higher level than previous now. Late teens is my guess. Then another by year end higher than that. Poss mid 20s.
Though I do agree with whoever said split your pot. Invest some (the bigger chunk for me) and then if you fancy try to trade some to keep things interesting if you have time. I trade 10-15% if what I hold max. the rest is staying put for a while and am Hoping will prove to be very life improving over time, at the least.
Even better on 2nd full viewing. Just oozes calm measured confidence… for me the biggest statement was Brad saying
“I have to give it to Agnico, Pepas was a long time coming but the fact they hit something of this magnitude gives we great confidence they will find more of these”
Brad doesnt gush, like ever. And that was him, IMO, letting out some gushing emotion of excitement.
Very happy and can’t wait for all the faithful holders to watch their investments rise.
PS the ‘above my pay grade’ statements are typical humble / modest Brad not trying to put forward he is the person who knows everything. Maybe poor word choice but it’s clear what he’s doing. He’s not a totalitarian/spotlight leader clearly. Far more democratic. It’s his style, it’ll never change and it will keep his teams endeared. Very Swedish/Scandi tbh.
@Josepi - I’ve said a few times that I cant see how Brad can be in a position to buy this year/summer, knowing what he knows. Am almost certain he’s been on a black out. Doesnt take much to be restricted and for the past 6 months min there’s been activity and dialogue behind scenes that would have demanded a blackout
Sotolo the same could be said for every JV between major and minor. I’m pretty certain the terms of the agreements prohibit cheeky, pi55 take, dirt cheap take overs just because SP is suppressed.
@John just a hunch. We have a lot of interest from the americas and the float on TSX is tiny
Many stateside will do their buying here for this stock and the behaviour of the stock in each location impact t’other. It’s the same company afterall.
You know things are actually going very well
There’s a phrase where I’m from, where we call people who are idiotic a “pearler”
The hidden name in there is quite fitting right about now.
I’ll prob stop reading for a bit now … see you all after next RNS