The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Anyone fancy organising a campaign?
~ 1.05bn shares in issue means every 10m shares voting against is 1%, with 25% needed (if that is correct). Well into the tens of millions voting against based on the below. My 0.5M will also be voting against.
Will be good to see updated numbers, see how close they are to becoming profit-making.
Curious what that's based on . They won their biggest contract to date a few months ago, kicking in now - surely that much influence their trajectory including financial?
I seem to recall broker note saying by end of 2024, but I'm not sure (and not sure if recent big contract wins bring that forward).
I'm also hopeful of this. Butt in the March 24 RNS they similarly stated "The Company is finalising discussions with a number of parties with a view to placing up to $80 million of corporate copper bonds, which were initially announced on 8 June 2022 (the "Bonds"). "
Clearly something fell through there, despite having the confidence to say "finalising". It's not impossible that something has or would fall through again. I think it probably hasn't, and is at worst a slight delay, but one can't be certain.
Nice to see the shoutout to DCTA, Trek. I'm a holder, but from higher up though, so in the red. Confident they'll turn around though, I think they're quietly building an excellent business. Pretty surprised to see them this low after the big Romania tender was announced. Like you, i think it's only a matter of time until they re-rate; might average down if I sell elsewhere in the meantime.
Bit harsh. I bought in at 15/16 before the placing, thinking I was buying the dip. I then averaged down when it came down to placing price. I'm not a trader and have no penny scheme going, but I was hoping to have a bit more of a runup so that I could derisk a bit. Fine for those of you who can gamble it all.
As far as I can tell, 50% of investors (potential and otherwise) think testing is delayed (given they're a small team and have had past delays), the other 50% think it's already ongoing. I think it's costing us a nice little runup. I'd be much happier to see an RNS clarifying matters.
Thanks for suggesting I hold onto my remaining Yu, Trek. £12 now approaching (£11.3); if you held would you still sell around now, or do you see it going higher?
(I don't just copy your trades, honest, but I do appreciate having ended up with a Yu-paid holiday of my own)
Thanks TDT. My interpretation had been:
1) a gradual build ongoing in anticipation of the september lithium partner process announcement
2) A drop when the extended process was announced.
I still think it's plausible there was no leak of "an RNS is coming", and tbh I'm reassured the market clearly didn't know the contents in advance. Appreciate you taking the time to lay out your thinking even if I'm not sure I agree, nothing I hate more than feeling I'm investing "against" people who have inside knowledge.