This licence was always a key inflection point but it's not here yet, only positive signs. If I'd had cash I would have bought earlier, as the mark up was not too great. Been in before but the gold prospects have also improved a lot since then. As it goes now I will wait for the buzz to die down for a few days then maybe get back in. Bought BRES on similar fervour and ended up 30% down. Don't want to sit and wait on a spike. If I miss it I miss it. Do feel the commodities buzz may be returning and these junior miners could recover from recent doldrums post last years surge.
Just been on to x-o part of Jarvis. Costs 20 quid to put a vote in and must be in writing preferably a week before or may not succeed. So I'm leaving it now.
Pd price flying high been a better week for metals. Need this cherry on the top now another herculean RNS.
-lowest cost extraction globally -copper, nickel, cobalt and other metals on top -palladium and rhodium likely to increase average pgm price significantly -continuations at depth - west Kytlim and maybe gold tailings or volchetundra - rare large scale opportunity
And maybe some negatives
-typical ownership 80 to 68 percent -still lots to sort and pay for and some proving up -price likely to be between 5 and 25 percent of in ground value.
These maybe just about even out and make 1 to 10 pound a potential deal value given you took out extraction cost already at near 50 per cent.
Yeah. Think we are being led to believe a placing is coming for the Japanese to take part is my guess. And they probably want it in the region of last one. But maybe it's any excuse to manipulate and accumulate into fewer hands. So possible short term bs before proper rerate on cards.
RE: Such An Interesting Company - My Take...15 Apr 2021 14:29
Standard resolutions every year though. I think the Japanese may want some or the NED. I guess the will want to be in at the 22 to 29p range of others. Maybe why we are being held down now. Once its sorted could be a wrap.
RE: Can someone explain what this vote is for please?13 Apr 2021 12:04
What liars the shorters are its up to £250k and it's a standard resolution passed every year but couldn't be at AGM due to technicalities on nominee votes. Perhaps so that new NED can be given some shares in remuneration if required.
Raise price, put through buys as sells, get big holders to sell a few, lower price, kill momentum, Hoover up shares. Repeat. Manipulation. Accumulation.