It's just par for the course at the minute. Hardly huge volume. Of course it is all about potential, it's an exploration company except this exploration company, unlike many others, has income.
Nothing at all Wat. Got to remember this was just reconnaissance drilling and we have had very decent results which will provide confidence for the coming diamond drilling plan. Plenty to be happy about here.
Totally agree iamrich. Such early days yet so I am not sure what some people were expecting. Maybe it was because they are not drilling again until early q3 and some people don't have the staying power beyond 5mins in any investment :-/
Palm will be presenting on the proactive one2one forum at the Chesterfield Mayfair Hotel on the 26th. Unfortunately proactive have done the ridiculous thing of reverting to in person events that now excludes just about everyone north of Watford. Rather silly in these post covid times when we have all got used to zooms and webinars meaning everyone could attend and ask relevant questions. Now we have gone backwards to where we were with the thinking that investors in shares only live within 50miles of central London. It's bad enough that 99% of meets seem to be London centric and now the only platform to give more investors chance to communicate with CEOs has reverted too.
It won't be Power, they have too much on their plate as it is and would not be able to fund the drilling that is required. And Johnson would be crucified if he went back to tap the market.
Hope you can make it TheSwan and feedback especially regarding the ridiculous timing of the placing. Unfortunately I have no chance of making it. Maybe they will have a meeting in the north one day :-/
Planned for next Thursday evening. Of course it is in London on a weekday evening which gives people like me north of Birmingham little chance to visit. Hopefully someone who is attending will make management aware of the stupidity in raising on the same day as the Jorc and much of the recent weakness in the share price is of a consequence.