The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
genuine question
will the payment be made out of shares held from recent fundraise (thus making the fund raise seem even more sensible and necessary), as I noted the wording in the fund raise RNS seemed a little different and looser regarding subscription than previous ones I've read. Or will there be more shares issued to cover the 2mil Aussie D and mean the fund raise is purely for EH and Iron Ore?
the answer will hopefully steer us away from raking over the past legal cases of other companies that are no longer relevant.
just to double check with the more experienced here.... there could be an RNS any day now confirming a plan and launch into expanded drilling by the big boys? as they look to pump £4m into Anza through multiple drill rigs?.. that could be any day? is that right?
not sure how extending the known mineralisation under deliberate test conditions and finding more gold can fail to meet expectation. this hole wasn't trying to blaze a train through the high % good stuff.... they were testing something... and that test was passed. once again, with the deposit delivering more and more that wasn't previously known. not sure how that can be a problem.
TBH am only really writing this to send a message / plea into the Aether.... for benefit of all anxiously excited holders - which includes me. Surely there must be some news today. XTR don't really do Friday RNS (thankfully) and we cant go a full week in silence surely... there is so much to report and the tension is mounting. This isnt through any concern with SP or fear of news being bad. i think we all know the news will continue to be good... i just wanna see it and keep it flowing.
ay up Colin. is tha listnin?? 'ows tha model a comin'? we miss ya marra
I know what u mean
Zero point scoring here thankfully - pun intended ;)
Bar Iceberg. Who seems to Ace, hat trick and slam dunk most without even trying; whilst the rest of us watch and read… in appreciation
Just a good amount of fake yorkshire ‘ole an muk’ language as kind folk discuss or speculate (most others more so than me as im not a regular)
Oh and then Chris decided to give english lessons while we wait for assays. Which was perhaps the best post ive read on any board, ever.
All the best :)
See there… i made a mistake. Iphones are enemies of spell correct. We make our own grammatical errors
Anyways- as i say. Just a jovial note. Its friday night (where i am). Not an attempt to irritate.
Have a good one too.
Back to XTR chat…..
Screen… i was just joking. Perhaps you didn't see the post from Chris.
We are all liable accidentally of the odd slip. I am no saint. And iphones can often be our worst grammatical enemy
No offence intended.
is it not right to think they won't be able to accurately measure the tonnage of the open pit until they have the assay results for all the holes in the open pit area? And the model, as exciting as it will be, needs to also be accompanied by that tonnage for the shareholders to feel the true impact and value of it?? i would have thought so, surely... but I'm no Iceberg.
If so, I think these two items are more of a Christmas present for us. looking at timelines.
and what a very Merry Crimbo to all XTRers.
I say Its a double whammy of bloomin marvellous news. Thank god. The whole “what about hole 25?” anxiety can just become “cant wait til the work out how much more is down there too”. Phew.
See what Iceman thinks but i feel its worded well enough to explain to Layman that its very good news.
Lets hope some more assays follow soon and the journey back up is well established.
5p=silly price
Monty i was mistaken with exact direction of 13
Altho i still wasnt expecting it to his SE anomoly i did mis state where the drilling pointed i think.
Sorry
Ella is very much on point knowledge wise so i would trust her
I dont think the current drilling is anywhere near priced in. Let alone the SE anomoly being a factor to effect price in the near term, unless we see a Jan-esque rush spike between now and christmas, prob up toward 20p
The price once 2MT is proven will be 3 or 4 multiples of today… or if it isnt then thats down to market tomfoolery and it will catapult there as soon as an offer comes in.
The buy out has no relevance to SP and is fair value… which most have concluded and agreed sees a low end conservative target of mid 20ps for just 2MT…
IMO of course