Hopefully Monday LOL but I'll go with Thu 26th giving time for the market to digest and mainstream media to cover over the weekend. Something this big and strategic should be in the "red tops" never mind the FT !!!
Cheers DBWN appreciate your insights and sharing any experience. That was always the best thing about iii's RKH board back in the day having a mixture of experienced oilies and market analysts. A lot of newbies will benefit on here from the sharing of both mining experience and market trading (Lassonde curve projections).
"With only the results from the metallurgical testworks outstanding, which the Company expects to further highlight the strengths of Redmoor's polymetallic SVS deposit, we are on schedule to complete the MRE and economic updates for the project by the end of Q1 2026 and move swiftly into the next phase of development."
Is there a likelihood that these could be released together?
There does seem to be a history of Thu RNS's but I'm thinking tomorrow may be the outstanding drill result data with MRE to follow early next week. Would love to think I'm wrong though. Question for the more experienced on here: is it possible to have two RNS's released with drill data and resultant MRE having plugged in those assumptions ?
Looking at the history of RNS's over the last year there's a good few instances of news being issued on consecutive days. Hoping for a Thu drill update and who knows, maybe even an MRE and Investors update on consecutive days next week ahead of month end and Q1 commitment.
Hoping to see this a couple of times on the day of the MRE RNS allowing for a re-rate:
"Intraday/Volatility Auction: Triggered automatically if a stock's price moves too much too quickly (a "circuit breaker"). It pauses trading to allow the market to calm down and find a "fair" price."
That daily chart spike had me hoping for a Friday RNS (for a change) leaving the weekend for the market and mainstream media to fully digest what it means for the securing of a stable, robust supply chain of critical requirements across multiple industries. LOL
Makes a change from the derampers that show up during a news vacuum with their hidden agendas.
Agreed. Hopefully UK or US Govt backed (covert sovereign wealth funds) or Majors get involved upon the realisation of what the MRE is going to reaffirm to the market. These declarations of "jam tomorrow" are all good and well but it seems the market wants to see tangible plans to expedite production and that can only be good for us PI's.
Having recently been underwhelmed with the market response to RKH's FID I've got more confidence in some of the forecasts this morning. If it was largely drafted pending the latter datasets I'm now hoping for 19th and anywhere north of 5.5p will be a bonus.
...on breaking out of the 4p resistance levels. Let's have a bit of fun. Any guesses on the MRE RNS date and share price at the close that day. 12th, 19th, 26th ??? 5p, 5.5p, 6p ??? Cyber pint for the closest.
Don't get me wrong I'm very happy with the Board's planning and execution on PI's behalf.
I'm just encouraged by recent links posted on here of Lewis Black featuring on Fox News helping create the sense of urgency and drive market sentiment given their SP journey.
Would love the exposure that brings given the quality of our findings to date and imminent MRE in the public domain. Then we can be numerate about the scale and importance of our asset.
I was hoping for nearer that in advance of the MRE. I guess it depends largely on the devil in the detail and subsequent notes from Zeus and SP Angel along with the potential for mainstream media coverage too. Would love to see UK based TV cover it in some way once the sensationalist strap lines of "Europe's highest..." etc are able to be banded about. No doubt there would be regional coverage but a 2min slot at 6pm and 10pm given the criticality and geopolitical climate seems merited.
UK plc should be shouting this from the rooftops but I won't hold my breath. Here's hoping.
As long as the Govt. don't sit on their hands for too long. We want timely confirmation of financial backing from central govt. to help maintain share price momentum and market confidence/sentiment. If that follows in the weeks after MRE we'll be off to a flyer and the train will have well and truly left the station. Here's hoping.