The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Do you remember what the market cap was at £1.79?
True but Bernard got BZTs license to JORC and I'm not sticking around until production so if the license does have more potential, I expect him to find it. Hopefully the legacy men stay silent in the background and let him get on with the planning and drilling.
Still sitting on all my shares pre-placing. Think this will take a while longer before we here RTO but agree that we will be in the double digits at some point. Like you've mentioned Boom, even 10% of AAA will be unreal returns for us
I wasn't involved in RLD (or previous iterations) but new operational team leading the way so think they deserve a chance on what looks like a promising license
Drilling news in and steady move north. Hope we get an update before April on infill. Might not be grades but am RNS to say they've seen consistent minerilsation across the strikes would be fantastic.
Just the advertised. Actual spread this morning was 3.95-4.25p
Hopefully we'll keep doing single digit gains, keep the P&D crew away...
Although new ticker, surprised somewhat by the lack of interest in a pure gold-play explorer drilling into a known basin. Expected to get more volume now that we're drilling but that should change once the infill comes in
Who are you with rose? I picked some up at 3.03 a couple weeks ago with II but quoted 3.95 yesterday.
Good volume today. These are shallow, infill drills - can't imagine they'll take too long but expect results in line with previous campaigns
It is overdue but I suspect the weather may have affected timelines, particulary the rig team and their prior ops. Hopefully news lands next week but could be the following week.
Looks like sideways trading whilst we're awaiting news. These are the times to be accumulating.
Quite a few 500k buys this afternoon...
Yep, interest is very high here. Of all the shells, it has the some of the best backers when it comes to previously perfomring shells. Imagine any dips will be taken out quickly. Here's to a good week!
Agree RE:drop Boom. Placees making easy profit and no doubt MMs happily let it go lower, see who else will part with their shares. I'm sure if you hold on for more than a few weeks, you'll get a good return. I wanna see what Normand does with the business (to be).
LSE & ADVFN showing a 2mill trade from yesterday - forwarding sold shares being sorted with placing or just a weird one that has been reported late?
Visual representations always go down well with investors - Great PR! Could get drilling update next week.
From where? Any links?
Good to see churn happening at higher levels. For those who haven't seen, check out Pancontinental's recent presentation here: https://p a n c o n r e s o u r c e s .com/investors/presentation/ (remove spaces inbetween url). In particular sldies 14 & 20.
Slide 14 shows the geology of what they think led to gold deposits on their play and how the shallow oxides that were mined in the 90s may only be the tip of iceberg. Slide 20 shows the IP chargeability (that we're currently analysing). The resonance it returned are the high priority targets they're currently drilling (RNS - 28/1/21). These drill results should indicate what's possible from our own mag surveys (when they are analysed and reported). Really exciting time for LEX.
Placing going ahead. Sounds like listing should restored shortly, maybe next week.