Member Info for PhilBanks

Toptiger - interesting little late afternoon spike in gold; I think the planets are alligning for some strong moves and the long term sentiment certainly appears to have swung. Manufacturing figures are coming in poor all over, and so are contruction and confidence indices.

Anyway, I'll stop there before someone quite rightly gives me grief for talking about a different share in the wrong forum!

Happily, I think RENE will do just fine based on it's own robust fundamentals, regardless of what the wider economy does.

No necessarily a leak as such, I think it's more likely that people are building positions in expectation of the news.

I mentioned a few months ago that I'd sold a chunk of my holding as it was clear that there would be no news on the trials until the October conference, and I therefore thought it would drift sideways. I was hoping to wait longer to buy that position back, but the price has crept up and has forced my hand over the last few days. I think a number of people will have been doing the same. The result is that a breakout on the charts looks like it has now occurred, and this could again trigger more interest, but this time from traders.

Yes, that would be my interpretation as well. I believe that's why they weren't required to release the results of the 2nd cohort at the time, as they were similar to the first cohort and therefore not a material change that the market had to know about.

How long you been in centamin for? Think gold is set up for a sustained rally in the coming months and perhaps years.

With regards to rene, will be interesting to see what price we're actually at on the day of the conference/announcement. The news surely has to be in line with the previously announced results, or we would have had an rns as this would be a material change that the market needs to know about.

Also, thanks to whoever posted the video link the other day, seemed very positive and some interesting clues.

Bearing in mind that the risks associated with sinking the shafts have been identified as the sticking point with selling the bonds, Is it beyond the realms of possibility that sirius could reach a deal with DCM whereby DCM finance the shaft construction, and then own and lease the shafts to Sirius going forward? £50m per year for 100 years for example? Has anyone heard of such a deal before?

I'm pretty sure this project was cursed the moment they put a red rose on Stella Rose as she embarked on her journey under Yorkshire. Anyway, for what it's worth, I've sold around half my holding and will look to either sell the rest if it's spikes, or rebuy after an eye-watering number of new shares are issued. The project (and sirius) can still be very successful, but it's no longer what we hoped it would be.

I thought it must have been some serious insider knowledge from the yard for such a horse to be tipped at 33/1, perhaps not. Hopefully you're as lucky with your choice of sirius. I sincerely hope so. Cheers.

Someone, not sure who, posted the other day a tip about Breathtaking Look in the 2.10 at Doncaster yesterday, so I backed it £2.50 ew at 33/1. Just logged on to my account and found out that it actually won! Thanks to whoever tipped it!

No problem. These regulations are in the main designed to govern transparency, although as you will probably note, there can be surges or slides in share price hours prior to an RNS being released. It happens because certain people within companies will be aware of the information and may 'let slip' this information to whomever and they buy or sell early as a result.

This process is illegal and the consequences are quite severe, but it happens in a lot of companies and I'm pretty sure nobody ever really gets caught. You'll see people posting about x, y, z company being a 'leaky ship', meaning that price sensitive info is getting out before the market is officially made aware via an RNS.

It means Relatively New to Shares.

Just joking of course, and welcome to the board. It means Regulatory News Service. Basically, it's anything pertinent that happens within a company that they are compelled by the market regulations to publish to the market.

There appears to be a number of new vacancies posted on the website this morning. Of interest to anyone who works in this sector, and also investors perhaps looking for further reassurance about the near term future of the project!

Not directly related to RENE, but still relevant and adds further evidence to support the techniques.

https://www.bbc.co.uk/news/av/uk-england-london-49607786/acid-attack-survivor-regains-sight-via-new-surgery

He mentioned something about giving confidence to private investors investing in strategic projects, or words to that effect. This could get interesting when he finally cuts to chase. Have to go to a meeting now, hopefully I'm significantly wealthier when I'm back out.

It's only a 7 minute segment, so very much doubt it. News on the trial is saved for the big one in October.

This is being announced tomorrow. Do people think there's any chance we'll get a direct reference as part of this? It's the rhetoric that was very much hinted at in the local news piece last night, and Javid himself has recently been linked to comments relating to the need to support Sirius.

Various news outlets have said that this spending review is likely to target easy vote winners should we be facing a general election, and I think support like this would very much help them in the North East!

Bellers/gertfrobe, thanks for the link and Bellers indeed redact that apology, as it's me who needs to offer my apology. A truly staggering figure to resurface roads in just one city/metropolitan area.

Thinking about it, you could probably afford to create a 100+ year polyhalite mine for that kind of money. Now there's an idea!!

Bellers, I'm going to have to ask you for a citation for that claim, as I simply cannot believe its true. Nothing personal, just doesn't sound realistic.

Not checked in here for a while. Still have the majority of my holding, but had put them in the bottom drawer for a while as I wasn't expecting to hear anything too exciting until the conference in October (is this still on, can't see it listed on the events page on the website?).

Anyway, RNS today looks impressive - great to see them appointing such esteemed academics for the advisory board. Future continues to look bright, just needs some more patience.

Found one...

https://www.investmenteurope.net/news/4004109/jupiter-launches-global-hy-short-duration-bond-fund

Nice one Simpl, good spot. Do you have a link?