The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
If you look at the shareprice of Erris/zinnwald, historically from around can see it is effectively one enormous cup shape. We might conceivably therefore be on the cusp of a breakout. If that were to happen, I’d imagine it would be a significant breakout.
If it doesn’t break beyond 15/16 in the next couple of months, I’d be hoping for a pull back to the 8-10p region. I have funds set aside to pile in if it does retest those levels...
We must be surely close to some news around consolidation of ownership of the project now. It’s been 5 months since zinnwald has been trading, with relatively no news at all...
L.
50p level is support level of a sideways channel since early part of last year....
If we see revenue deals start to bear fruit this year, ought to have a positive effect on sp over coming months...
I think opti are in a much better position now than they were a year ago...
L.
Last trade shown today at 16:22 is mine, and it was a buy, ot a sell.
Also, I did another purchase at about the same time, and it isn’t shown on here, but it seems to be via the AQSE exchange...
Are opti listed on the AQSE as well?
L.
Disappointing that this is the first I’ve seen mentioned of threatening a counter claim against BLIS.
Shame they didn’t make that clearer in their earlier responses.
Might have protected the recent sp rise a bit better.
Rest of the report is already pretty much known news...
Here’s to a better 2021
L
No, and I was asleep this morning. Meant to buy a shedload more this morning. Didn’t expect it to rise this way so soon.
Just figured it was at a very low level from the placing, and it’s relative trading range preconsolidation. Combine that with its disconnect with its nav, seemed like a no-brainer...
Guess I’ll have to find another stock to put my other funds into now...
L.
Ridiculously overvalued at moment. Current valuations being driven solely by hype....
L
Right now I’m far far more concerned about what effects covid may or may not be having on rukwa. Tanzanian govt approach to handling covid is astonishingly poor - in effect it’s more or less denying its existence in country, not undertaking any kind of vaccination programme, not implementing much in the way of social distancing policies for its citizens...
Even the health minister there has gone on Tv trying to promote a juice drink made from stuff like lemons as a successful form of protection against covid.
They’re not reporting anything on covid related deaths, instances of infection to the WHO. Pretty much eradicating all forms of media coverage in respect of anything covid related, except through a tiny list of authorised individuals high up in govt....
Check out the Wikipedia link for covid and Tanzania. Makes for worrying reading.....
https://en.wikipedia.org/wiki/COVID-19_pandemic_in_Tanzania
L.
Given Tanzania’s apparent anti-covid, covid - denial, anti- covid vaccination stance, despite people apparently starting to drop like flies in Tanzania from covid complications, anyone have any views on whether RUkwa will therefore be adversely affected?
L.
Looks like a fairly broad head and shoulders formation since end December. I suspect in the abscence of news, I could see it drifting down to the 8-10p area for a while.
I’ve already sold quite a few at the moment, and am waiting to see if it does, in which case I shall then load up again.....
What I’d be interested to know is if the current lockdown in Germany has had any restrictive effect on progress over there.
And of course, they’re currently well behind the UK with their vaccination programme too. Having said that, when they do accelerate it, I suspect Germany could look forward to a similar potentially swift recovery from restrictions, as it seems the UK is likely now to enjoy...
What effect if any on the sp that may have is obviously still highly speculative, but one could hope this may lead to an improvement in the sp.
L.
Well, the chart looks like it might be setting up for a fall back to the 8-10p level. Last couple of weeks or so loom like a head and shoulders formation to me on the chart..
Then again, I’m no ta expert....
I’ve sold a few, hoping for a pull back to buy in more
L.
Finally, finally...
Barclays after receiving the EGR share certificate back from Euroclear/crest when they rejected barclays request to have them updated into crest, have now credited my accounts with my EGR share allocations....
Hopefully, this should now be the case for the other EGR holders through Barclays too...
L.
Barclays have been relatively poor in their handling of this matter.
EGR shares were received by Barclays in November, and reconciled against their nominee account holders. Then the shares were sent by tracked post to Euroclear/CREST for registration into CREST. nothing further was heard until 4th jan, when it was stated that the share certs were redirected to euroclear/crest offices in London. Barclays stated that the issue had been escalated at an internal stakeholder “advocacy” call which is held daily at 10am to oversee progress on resolving outstanding issues. It all went quiet again, until earlier this week, when Barclays advised me that they have been given an indication by CREST that the shares will be registered by today. So Barclays nominee account holders should receive their EGR shares by Monday
L
Woolgie,
It may be possible to subscribe directly with the company.
Contact “aiden@errisgoldresources.com”
Aiden can give you the subscription form. But you’ll have to move quickly the monies for whatever amount you want to subscribe for has to be in their nominated bank account by close of business thursday (21st jan).
Be aware that subscribing that way, will mean share certs will be sent to you directly, and your name will appear on the share register, as a separate holding to those which you hold through broker based nominee accounts
Rgds
L.