The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Chart looks good here
Is what it says on the tin..... (of gold hopefully). Rising due to anticipated good news from court....if bad news then expect a drop back to 10-15p. Then a rise again in 2021 as the other prospects get underway.....
Basically higher risk/reward now pre court decision or lower risk and reward after
Great update thanks - certainly looks like something is happening.
One thing is for sure it’s not delayed as they would have RNS’d like last time. Personally I would like to see a small amount of equity given to the Indian government so they have real skin in the game and want to make it work. 10-15% no more. This would be positive as PAT would stl have a majority stake and Galaxy and the Gov all working together to land this huge resource
Hi, does anyone know the details of what’s in dispute at Bhukia?
Also, if the court date is tomorrow - could we have a long wait for the outcome? Or is it instant? I have little experience in Indian legal systems...
Great thanks - I have brought in here as I mainly trade on technical analysis and this has 20p all over it. Occasionally though the short term trades reveal a massive investment potential so I’m now tempted to hold this as it feels the next 12 months could be amazing