The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Still 2000m to drill. Even with 6 rigs this will take time. Those cores then need to be sent off. They will then take months to come back. I don't think we will get an RUS until all hole results are known. I don't see ANY RNS which will have a positive affect on the SP landing for months.
PREMS tweets are dirge. Meaningless guff that matter not a jot. Lithium's important-you don't say. The price of Lithium has gone up-you don't say. Lithium is used in lots of stuff-you don't say. We've built a shack-well done. Meet the team-great, so what. Do we have any Lithium? How much? No one knows because we've not a single result in 4 months.
No news for weeks/months is my guess. He doesn't care that people are asking for results. 2000m to drill, then cores to be sent off, few months for those to come back, and then MAYBE, we'll get all the results. If it suits him.
Redandy59
That is my worry. He has the money from Suzhou, he spends it as he pleases and not necessarily on the right stuff, then in the lead up to September he does everything he possibly can to p155 them off, in the hope that they walk away. We are then out of money again and looking for more backing or another share issue. Everything is held up yet again, the SP slides and the lithium boat passes PREM by a little more.
Everyone talking about how the Chinese will "keep George right", are you sure? What was their feelings on his share grab? Anyone know? Knowing how twisted GR is, if they start pressuring him will he not just push back? What is their relationship on the ground like right now, anyone know? Are they happy about the manner in which he's spending the £12m? There's still plenty score for GR to screw this up and I'm not 100% convinced the Chinese have the control over him that some would suggest.
I think he is a twisted fella who enjoys the power. No news is 2 fingers up to SH who criticise or question him. He is either going to pull off a blinder and surprise us all, or make a rip roaring arse of it jut of course HE will make sure it's not HIM who loses out.