The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I don't think you are missing anything SL. A lot of people held TSTR in ISAs as indeed I did and will be forced to change this on delisting because delisted shares are not allowed to be held in ISAs. Fortunately for me I have been able to buy back at a lower price and might yet add a few more on Monday - but I agree we may have a long wait to see a return.
Like Axelrod in "Billions". LOL
Hi Sir G,
I decided to take the Bank at their word so sold out of my ISA last week and watched the price drop. I was then able to buy back twice as many shares in my Trading Account on Monday. I don't know why this wasn't an option but their letter was quite clear. Also with this latest move I am already well up! Funny old world.
Regards to all in the Potting Shed.
My bank says that assuming the AGM votes to delist tomorrow, the last day for ISA sale orders will be at 5.00 pm on Thursday and dealing will end on Friday. They will then automatically "attempt" to sell any remaining ISA shares in my account on Monday the 7th.
I have had a letter from my Bank to say that subject to approval at the AGM on 2 December, TSTR will de-list from AIM on the 10th December and the shares will no longer qualify for an ISA account.
Any comments?
Really sorry to hear this news especially as it has come before TSTR finally takes off. Also much respect for all the informative posts your father put on this board on a daily basis. He will be sadly missed.
Details here:
https://mailchi.mp/roskill/what-is-it-thats-shaping-antimony-demand?e=e9b181d69d
PS Patience is a virtue. LOL
Hi Sir G. Nice to see one of our roses at last in bloom. I am at break-even for this one so it should be a good spring. Only need KDR, KIBO and SRSP now to follow suit. Regards to all in the potting shed. The missus and I are quite well (for our age!) but only drop by this way when the SP suddenly changes. It's called passive investing. LOL.
A review of the current state of play from Roskill is here complete with an aerial phot of the plant site.
https://roskill.com/news/antimony-spmps-oman-antimony-roaster-commissioning-delayed/
I am still in here.
I don't blog anymore but I have followed this with interest. The missus and I took up our entire OO and will now have just under 20M @ 0.0439p. Very nice. We had to borrow a few quid against other shares to pay for them so we will be selling a few when the dust settles but otherwise it is a HOLD. Regards to Sir GB and all in the potting shed.
And RIO will shortly be at least $2.45 billion better off from the sale of their Australian coal interest to Yancoal or possible $2.55 billion if Glencore trump the deal. I wonder what they will spend it on? See: https://www.ft.com/content/9d33bd7a-4d39-11e7-919a-1e14ce4af89b?mhq5j=e3
Lithospheric diamond formation as a consequence of methane-rich volatile flooding: An example from diamondiferous eclogite xenoliths of the Karelian craton (Finland). This is an important paper by an international team that adds further support to Prof Conroy’s view that the Finish side of the Karelian Craton is similar to the Russian side and has a similar potential for the discovery of workable diamond deposits. In particular it shows that there are strong similarities in the geochemistry between the Lahtojoki area and the Grib and Arkhangelsk pipes The photographs of the micro-diamonds shown in Fig 2 are especially interesting and, although these are only around half a millimetre in diameter, they are mostly well formed, clear, and show very little sign of resorption indicating that they have survived the transport to the surface from the mantle, something that was also shown by the famous green diamond found recently in the glacial drift in the same area. That suggests that any larger stones will have behaved in a similar fashion and adds to the potential of the Lahtojoki deposit. The presence of the odd coloured stone is also interesting because these can sometimes command a premium on the diamond market, as for example the pink stones from Rio Tinto’s Argyle Mine. There is also some very detailed information on the geochemistry of the garnets and other minerals associated with the Karelian kimberlite pipes that will be of great value to the diamond specialists in interpreting the minerals found in the KIM trains. Perhaps more important than any of the technical aspects of this work, however, is the evidence it provides for the continued detailed help given to KDR by the Geological Survey of Finland (GTK) and in particular by Dr Hugh O’Brien (who played a key part in the Rihiivaara discovery). Clearly GTK (and presumably the Finnish Government) are extremely supportive of the work by KDR and that, taken with the continued interest by Rio Tinto is an extremely positive factor for the future. Just when things will take off is anyone’s guess – but I’m not selling!
As many people know I have stopped blogging but I feel I must post the sad news that Ken Oldernotwiser is no more.
Presumably that is where the 44 cpht drill sample came from. The other odd thing is that the old bulk sample seems to have come from a very limited area so Karhu and its predecessors may have missed something. Pity there is no scale on that diagram. The Prof is such a tease!
Incidentally, the Grib pipe has just been sold by Lukoil for $1.45 billion: http://www.thediamondloupe.com/articles/2016-12-02/lukoil-sells-grib-diamond-mine-russia-145-billion Note the buyer is a privately owned Russian bank not another mining company. The reason for the sale seems to be to prop up Lukoil's Balance Sheet because of their problems due to the low price of oil.
I couldn't agree more, Rick. We need more Presentations like this: http://www.kareliandiamondresources.com/sites/default/files/KDR_Presentation%20website.pdf The question is who gave the Presentation and who was there to receive it? It appears to be dated 1st September 2016. Note slide nine with a near vertical green blob, presumably the Lahtojoki kimberlite, a yellow spot for the site of the 3,000 t bulk sample, eight red sticks for the 23 t from the large diameter sampling boreholes and a mass of thin blue lines, presumably the rest of the exploration boreholes. Perhaps the Prof could be persuaded to release the text that went along with the Presentation like some other companied do (eg RIO).
Full 34 page 2016 Annual Report now out in glorious technicolour at: http://www.kareliandiamondresources.com/sites/default/files/KDR%20AR2016.pdf Nice picture of a diamond from Lahtojoki on page 4. Unfortunately the Prof has not put a scale on it but from the associated minerals it looks to be about one carat. Nice octahedron and very clear. Just need a few more like that and we are in business. Also a geological cross section on p 3 that suggests that there may be eclogitic diamonds at Lahtojoki. SirGB knows all about that. Pity the market doesn't seem to understand any of this.
Woodstock. That is very old information published on 14th July, 2014 in the Canadian Mining Journal: http://www.canadianminingjournal.com/news/maganese-minco-plans-maritime-manganese-mine/ and can hardly be responsible for the current interest in this share.
Available tomorrow. Webcast at 9:00. Sign up via: https://www.ophir-energy.com/investors/
Much more detail here in Management Discussion and Analysis dated 30/04/15. http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00034782&fileName=/csfsprod/data151/filings/02344117/00000001/f%3A%5CMinco%5C2015%5CMIOMDADece312015.pdf including a list of Pennine borehole results.