Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Any ideas why company have requested temporary suspension?!
Can you advise where you are buying your shares? As the listing not showing on my platform. Thanks in advance.
Whether it consolidates or not, the long-term outlook from yesterday’s results RNS was particularly pleasing and offered plenty of upside - a Walmart RNS, which I hope is going to come in the coming weeks/months is enough to wet my appetite. Will look to add if share price drifts. Will still probably add regardless when funds allow!
Obvious that this troll has a short position
You’re completely right. I do intend to top up to bring my share price average down! Good luck all.
I like Chesterfield Res. (I am invested here) but genuinely expected better results - latest RNS suggests 1.4% - 2.8% “high-grade” copper assay results from drill. Plus, hard-rock mineralisation is costly to process, let alone the low-grade discovered so far. I hope further drill results in 2021 can identify better mineralisation zones - these latest results are certainly not high-grade. Disappointing as West Trodoos, Cyprus is full of copper! Albeit at deeper zones.
Take for example Cornish Metals, who listed recently on Aim, they own the United Downs mine and South Crofty mine assets in Cornwall and announced following drill results:
HIGH GRADE COPPER + TIN MINERALISATION IN DRILLING FROM THE UNITED DOWNS PROJECT, CORNWALL, UK
GWDD-002 Intersects 14.69m Grading 7.46% Cu and 1.19% Sn and 0.15% Zn
7.64% Copper - that’s high-grade, in comparison to 2.8% in Cyprus.
Supreme Court clips Serious Fraud Office's wings
By Jemma Slingo5 February 2021
The Supreme Court has curbed the Serious Fraud Office’s extra-territorial powers, ruling that it cannot demand documents held outside the UK by a foreign company under the Criminal Justice Act 1987.
In KRB v SFO, the Supreme Court found that the SFO overreached itself when it issued a notice under section 2(3) of the Criminal Justice 1987. The notice required US engineering conglomerate KBR Inc to produce material held overseas.
A UK subsidiary of KRB provided the SFO with documents in 2017. However, when the investigator attempted to obtain documents held outside of the UK, KRB applied for judicial review to quash the notice.
In a judgment handed down this morning, the Supreme Court unanimously upheld KRB’s appeal. It found that section 2(3) of the 1987 act is generally not intended to have extra-territorial effect and that the presumption clearly applies in this case because KBR, Inc is not a UK company, and has never had a registered office or carried on business in the UK.
The court also rejected the argument that parliament intended section 2(3) to give the SFO the power to compel a foreign company to produce documents it holds outside the UK.
In judgment Lord Lloyd-Jones stated that successive acts of parliament have developed structures in domestic law which permit the UK to participate in international systems of mutual legal assistance in relation to criminal proceedings and investigations.
‘It is to my mind inherently improbable that parliament should have refined this machinery as it did, while intending to leave in place a parallel system for obtaining evidence from abroad which could operate on the unilateral demand of the SFO, without any recourse to the courts or authorities of the state where the evidence was located and without the protection of any of the safeguards put in place under the scheme of mutual legal assistance,’ he said.
The court ruled there was no basis for the divisional court’s finding that the SFO could use the power in section 2(3) to require foreign companies to produce documents held outside the UK if there was a sufficient connection between the company and the UK.
Commentators said the judgment could significantly alter how the SFO conducts extra-territorial investigations.
Serious Fraud Office can’t demand evidence from companies with no UK ties, Supreme Court rules
https://www.google.co.uk/amp/s/www.telegraph.co.uk/business/2021/02/05/serious-fraud-office-cant-demand-evidence-companies-no-uk-ties/amp/
Malvern is an odd speculative one. Either this flies or it goes to zero by EOY
To sell on a price rise on Friday end or to hold this baby until 1p...I wonder how it will fair. GLA