The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This is correct. Only a small amount of the new shares are being flipped.
Nukem and Bracco long term holders with a vested interested.
The Directors certainly will hold.
The open offer shares are just averaging down long term holders who will still need a decent rise from here for break even.
I suspect we'll see a strong move from here soon.
I remember that RNS that caught the market by surprise that took the share price up by 50%.
I suspect we'll see this again but with more explosive news and given the sp lows could see 100-200% in one trading session from here.
Those subscribing to the open offer are existing shareholders and their average is going to be well in excess of 1p. Therefore they won't be flipping. Not when this can go back over 20p this year.
Big offtake news incoming? https://x.com/AmandaHarsas/status/1793483319965053099
Imagine if it's BYD!
Well just think about this. Even with funding concerns this was holding 4p a share.
With funding sorted and revenues growing I don't see why this doesn't now rocket up, either gradually or quickly.
25-30p this week would be fab.
*2 x Resource upgrades to come as per the investor call. 1st this quarter, 2nd q1 next year.
*MiiF $28million after GSE listing expected
*ML expected to be ratified by partliment this quarter
*$70-100mil offtake announcement this quarter for remaining 50% of feedstock
*EPA permit to come this quarter or next.
*Feldspar by product report
*Break ground Q3/Q4
*Stockpile Q4
*Commence commercial production and ramp up in 2025 to 365,000 tonnes of spodumene concentrate
Wildcard: Assore 3rd bid 33p+ as company has rejected 33p twice.
Https://x.com/Share_Talk/status/1792598263700336825
Can't wait for this to trade at over 1p a share.
Exciting week and end to the month ahead.
"Baron Oil PLC, in partnership with Timor Gap EP, is spearheading the appraisal of the Chuditch gas field, which promises to be a cornerstone for the nation's energy security and economic stability. "
"This collaboration aims to tap into an estimated 1.2 trillion cubic feet of natural gas, potentially reshaping the energy landscape of Southeast Asia."
"The economic implications of developing the Chuditch gas field are substantial. With proven reserves now estimated at about 1.2 trillion cubic feet of gas, significantly up from the initial 700 billion, the field’s capacity to attract global investment has markedly increased. "
"The collaboration between Baron Oil and Timor Gap EP, coupled with advanced seismic technologies, has mitigated the risks traditionally associated with gas extraction, enhancing the appeal of Chuditch as a lucrative venture for international energy stakeholders."
Doable given the very low market value.
Bring on news and lot's of it.
"Baron Oil PLC, in partnership with Timor Gap EP, is spearheading the appraisal of the Chuditch gas field, which promises to be a cornerstone for the nation's energy security and economic stability. "
"This collaboration aims to tap into an estimated 1.2 trillion cubic feet of natural gas, potentially reshaping the energy landscape of Southeast Asia."
"The economic implications of developing the Chuditch gas field are substantial. With proven reserves now estimated at about 1.2 trillion cubic feet of gas, significantly up from the initial 700 billion, the field’s capacity to attract global investment has markedly increased. "
"The collaboration between Baron Oil and Timor Gap EP, coupled with advanced seismic technologies, has mitigated the risks traditionally associated with gas extraction, enhancing the appeal of Chuditch as a lucrative venture for international energy stakeholders."