focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Whats with the Bid/Ask spread? Is it usual for there to be such a large gap between what you get if you want to sell versus what you get if buying? Just curious.
Really brilliant post troublsome! Now we know why this process is taken so long. I echo thomasbrowne's sentiment.
A very important post which sheds light on the machinations going on behind the scene's.
GLTA
"Patience is fine but we have been waiting several years for an AIM -listed company ( which can often be fraught with more risk) to morph into a multi-bagger ."
I am one such investor, with over 1mil holdings. Like the rest of us I await further developments, however I am somewhat encouraged by the report on Salinabas, viewed together with our other operations in the area.
Be patient..... read and understand this here... https://www.valuethemarkets.com/wp-content/uploads/2020/01/VTM-AAU-report.pdf
I am buying.
A little at a time but every week. Given the share price I reckon a sale would go through at about 35p - 55p a share.
Will buy all the way until price hits 20p. Cheap as chips but potentially a banger if the right buyer steps in.
Jul. 5, 2018 11:44 AM ET|About: Inmarsat Plc. ADR (IMASY)|By: Jason Aycock, SA News Editor
When EchoStar (SATS -0.4%) makes a formal bid for Inmarsat (IMASY +7.3%) after an earlier rejection, it will need to come in with 750 pence a share to get traction, RBC says.
EchoStar's expected to bid 650 pence/share at first, vs. current pricing of 526 pence/share, with a deadline coming at 5 p.m. tomorrow.
The company's likely to make a formal bid as it has nothing to gain from delaying six months, with no outcome on whether the deal would get regulatory approval while risking another bidding coming in. (h/t Bloomberg)
RBC has an Outperform rating on Inmarsat and a 850-pence target, implying 61% upside.
https://seekingalpha.com/news/3368136-rbc-echostar-nears-inmarsat-bid-needs-strong-offer
If the Goldbloc website does not go live by 23.59pm tomorrow night, then we will have reason to complain. Until then, I wait.
Message on the TRAC page reads....
"The next iteration of Goldbloc will be launching in Q2 2018. Please visit www.goldbloc.com for updates."
TOTAL: 6,187,812 2.66 %
I received my first proxy vote on 11/05/2018 for the AGM- standard stuff voted yes to all. I received another one today (15/05/2018) with at least two additional items added...... 21 TO DISAPPLY PRE-EMPTION RIGHTS 22 TO DISAPPLY PRE-EMPTION RIGHTS FOR ACQUISITIONS AND CAPITAL INVESTMENT 23 TO AUTHORISE THE COMPANY TO PURCHASE ITS OWN SHARES 24 TO AUTHORISE POLITICAL DONATIONS BY THE COMPANY AND ITS SUBSIDIARIES 25 TO AUTHORISE SHORT NOTICE GENERAL MEETINGS Do not assume this new proxy is just a duplicate of the first or an administration error. There are items in there that bear consideration as to whether to vote yes or no and some of them I believe have been driven by the merger/buyout announcement by Sainsbury/Asda. As a point of discussion, does anybody believe that Tesco are planning to make their own swoop on a competitor to counteract the Sainsbury move?
According to several estimates, Indian people collectively hold the greatest amount of gold in the world, calculated at 26,500 tons, or about 850 million ounces, worth roughly $1.1 trillion. Two factors may drive all that gold buying: Diwali and weddings. Diwali is the most important of the Hindu holidays. (According to the most recent census, almost 80% of the Indian population are Hindus.) The five-day Diwali festival often features buying gold, which many Indians see as a status symbol for wealth. Because Indians highly value gold, it is also often a key feature in weddings. Because of these two factors, Indians typically invest more than 8% of their annual income to buy gold each year.
If at some point we manage to get some of our funds back out of GRPH or even if we don't, here is a far better bet if you still believe in graphene technology@ a good entry price. http://www.graphene3dlab.com/s/home.asp Here is the most recent news on the company... http://www.proactiveinvestors.co.uk/companies/news/192007/graphene-3d-lab-patents-technology-which-harvests-thermal-energy-produced-in-bitcoin-mining-192007.html
Graphene batteries: The next frontier for EVs? http://www.autocarpro.in/news-international/graphene-batteries-frontier-evs-28068
I hope we hear something substantial soon about what is happening there. Salinbas is what may kick the pps up into the stratosphere imo
I have bailed on this for a while in favour of LION. Only been in this for a year and a bit - got in at 2p and it hasnt revisited it since :( Done the DD on LION and it has a lot going for it. including GOLDBloc. I wish the best to all here and who knows, I might return if the BOD up their game. GLTA
I wonder if there are some details concerning Salinbas that we are not privy to? Seems to me that if you are prepared to buy 800,000 shares of a stock just after a news release, then there must be something that is encouraging you to do so. hmmmm.........