The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
While I am sure that all holders appreciate the continual analyses and reanalyses of drill-cores, soil samples - and how the air quality and the stars’ alignments affect selecting the next drilling spots - that increase knowledge on the quantity of metals and therefore uplift the resource, the fundamental share-price accelerator still eludes our BoD: funding to monetise Redmoor. Judging by the soporific reaction to this year’s positive news, Mr Market seems confident that the BoD will yet again fail to deliver on their early-year announcements on big news on Redmoor and LC.
Gorsuch, You’re such a heretic - you know our BoD calls us that when we state facts about their decisions sinking our share-price over the past six-plus years. And one of the recent interviewers - a contrived one, of course - insincerely declared that they always consider the shareholders - well, based on past evidence, one’s conclusion would probably be the opposite of that.
Cheers, Tro.
Have you the CNBC link, Tro?
E-mail Alan Broome: it’s his favourite time of the year.
Before ruby Tuesday, then.
Tro, Are you blue?
I meant tungsten, not lithium.
The dithering British government do not seem to act with much urgency on supporting and sourcing local critical minerals for our military applications despite, as you have already noted, that China produces and supplies most of the world’s lithium - so, clearly, not much of a problem as far they are concerned.
Non.
Caspar, If only I had - thanks for the downheartening reminder.
Lupi, You absolute heretic, you - but an apt summary of the BoD’s abysmal performance over the past seven or so years; and, yet, with some of your ‘may happen’ scenarios manifesting themselves over the next year, the share-price could rapidly ascend into multiples of its current low level.
Spinning Redmoor and LC for another year - then inform us next year that the JVs will be ready within the first half of 2025.
Where’s the grant? Wait for another year? Gosh, our councils are incompetence personified.
Because historically the BoD provide broad updates, leaving the market to fill in the missing details.
Usual bull-waste on the comms on more comms - and now silence for the next few months.
Thanks, Robsky.
How would we apply for them?