The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
SamBar - here it is, if the link works. I find it the exact opposite to most of this board so it helps to even things out.
https://t.co/j9hf3bRfew?amp=1
Legalwolf - yeah it seems strange that he didn’t, as re-negotiations appeared to have been an opportunity. But then maybe it’s in their interest not to rock the boat with a bigger company? It sounded to me like he wants to sell off Senala to fund drilling in Cameroon, up until the point where he can package that up to sell on.
Hunni, I reckon IAM Gold will have to pay Tim & co quite a bit for him to let go of Senala fully. There’s a s**t tonne of gold there and Tim seems annoyed that he didn’t join in time to re-work the agreement.
Hunni - hahaha Bob is saying ‘this is where our investors are gonna lynch us’!
I’m sure it’s all a coincidence, but I’m not sure why IAM Gold aren’t being open about building a mine? Might have to sneak onto an IAM Gold chat board ??
Jtb - there’s three more prospects to go. And then think a few more holes from the 1st too.
The drill plan is here... https://wp-orioleresources-2020.s3.eu-west-2.amazonaws.com/media/2021/05/24225200/Bibemi-drill-plan_prospects_fences.jpg
Guessing you’ve all watched the roast video. But from 50 minutes in Tim talks about the company’s value/share price.
1.3-1.5p for what is known to be in the ground at Senegal. Anything else found in Cameroon would be a bonus.
It helps me sleep at night.
https://m.youtube.com/watch?v=kxMwBYyXpLc
AIM Rules state companies not allowed to sit on results that will affect the share price (either way) - attached a link if anyone is interested.
https://docs.londonstockexchange.com/sites/default/files/documents/aim-rules-for-companies-march-2018.pdf
The RNS stated...
‘The Company has been reassured that measures have been put in place so that normal turnaround times (14 days from receipt/clearance from customs for gold analysis) have now resumed. The results of subsequent multielement analysis will be longer, due to that analysis being completed in Canada’.
I really don’t think that reads as though... within 14 days of the 9th May we would get results presented to us.
Even getting the RNS approved by all parties takes a few working days. Let alone producing the RNS and supporting information.
They said results in Q2. It’s still Q2.
If you had some great assays that arrived this morning, that would shoot the share price up considerably... would you rush to release them at the end of the trading week? Or at the beginning of the following week so it could have a good 5 (or as of next week 4) day run??
My thinking is that if they release them intraday today or tomorrow, then by Tuesday it’d be some other share in the spotlight.
Nice recap 4.37...
https://m.youtube.com/watch?v=v-ePLPJOAxk&feature=youtu.be