The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I wouldn't normally repeat myself but here is one of my earlier posts
On financing, we should remember that we have 3.5m shares in Maritime Resource Corp as part of the recent sale. They were acquired at $0.14 being worth around $500000. That share price is now $0.20 so there is $700000 but we are tied in until summer. Cash in bank, access to more cash if needed in summer, cash coming in from sale of Cu etc.
The Maritime share price is now 21bid so that's $735,000, Cu price is steady and Au is stronger
No real worries here! Unless I have got it wrong
With volumes being so low and everything being very quiet, it just feels like news is about to break and everyone is sitting on their hands.
Maybe today should be called Top Up Tuesday
"Next stop is 20.00"
Is that 8.00pm local time???
Colour codes are a mess again today. I can confirm that one of the red ones is a buy
Market report this morning says that the market is being driven higher by miners?????
It feels a bit weird with such low volumes, obviously the value of trades is stable. I miss my millions!!! Not such a fun story to tell my family and friends, but, if things work out as hoped, it will be a good story later this year and next.
Update - 265k deal just went through so looking a bit better on size
MM's playing hard to get at the moment, no quotes for volume
I just love buying at sub 0.38
Latest additions to the list of vacancies
Date Posted Position Deadline for Applications
May 17, 2021 Filter Press May 24, 2021
May 17, 2021 Yard Person/Site Services May 24, 2021
Latest job vacancy posted on the website today - Maintenance Shop Labourer
toptuf, thank you, that's good to know. Maybe as the word gets around that cash flow is fine, common sense will prevail
Been sat on the side-lines watching all of the opinions and views and found them interesting and amusing.
On financing, we should remember that we have 3.5m shares in Maritime Resource Corp as part of the recent sale. They were acquired at $0.14 being worth around $500000. That share price is now $0.20 so there is $700000 but we are tied in until summer. Cash in bank, access to more cash if needed in summer, cash coming in from sale of Cu etc.
No real worries here! Unless I have got it wrong