Member Info for ontarget

NAV over 58p now.

I suppose the clue was he used avoirdupois ounces (28g) instead of troy ounces (31.1g).

If you want to be diversified within the sector you could do a lot worse than buy GPM, which holds THX (about 1% of the fund) along with lots of ASX and TSX listed miners. Also has some GGP that they picked up in the 4.8p placing last year. Very shrewd fund managers.

We are in the early stages of a major precious metals mining bull market. This stock will be rerated along with the rest of the sector. All that's required is to sit on your hands and wait.

"We thought Stalicla would probably not need this, and the regulator advised us, blah blah blah so we didn't do it".

Seriously, who in their right mind would go to the expense of running a clinical trail and then miss out one of the dosage regimens on such flimsy reasoning??

Question 3 on this meeting was the question for anyone interested:

https://www.investormeetcompany.com/meetings/preliminary-pharmacokinetic-results-from-phase-1b-study-of-new-sfx-01-tablet-formulation

EVG for some half-baked reason omitted a planned cohort from the phase 1 trial (see the question that I asked on Investormeet at the time). So my best guess is that Stalicla took umbrage at this.

Illiquid stock (another reason buybacks would probably not be useful here) - small profit taking causes disproportionate moves.

Are you by any chance based on the other side of the Atlantic greyw? The rules are I believe different there. Here companies can only buy back a small fraction of daily average volume.

No, I'm saying the opposite trybuy - are you trying tro deceive?

I've held several companies with buybacks and aware of others, and the buy backs are useless. This is mainly down to a LSE rule that buy backs can only be a small % of daily volumes, which effectively neuters them in anything but the very long term.

*Dividends* is what they should be looking at if there is excess cash above what they can reasonably spend on mine life and exploration.

Wouldn't you expect a company to try to decrease profits in order to decrease taxes, if they were pulling some deliberate accounting trick, rather than the other way around?

Can't say I fully understood what Scmitt was saying, and am not an accounting expert, but as they plan to process the lower grade ore at a later date wouldn't they include the costs then rather than now, otherwise the costs would get counted twice.

Paying off debt should in theory increase the market cap.

Actually nearly 57p yesterday.

Apparently Mr Black, who held 7.3% on 15/11 is now deceased. His estate has been selling down some of his holdings, but also bizarrely increasing some of the holdings (often the same ones they were selling). So may or may not have something to do with the recent volume.

Do you mean corticosteroids Prion?

Best dump this utter dross and buy some gold stocks then.

Where are you seeing $2806 pedrobull? It closed at $2771 Friday?

https://goldprice.org/live-gold-price.html

Or perhaps more likely, hundreds of gambling PIs

NAV 47.87p/share as of Friday according to today's NAV RNS.

But yes still big discount at the moment.