Loving that - bring it on !!
ATB Shorn
Got all i requested too.
Does anybody remember when they actually show as trading shares at the prevailing market price ?
At the moment they are showing as a 100% loss at no value.
ATB Shorn
https://www.lse.co.uk/rns/ORCA/ukcs-license-p2320-d83yo1teab3bdpj.html
orangecannon
Interesting like you i have move funds (not JLP) into MET coal (same as you) and some speculative Gas&Oil stocks - Brent & Falklands as we turn to safe energy supplies, a diversification as a result of recent times.
Though at that point the similarity ends. The fundamentals for me here are good for the next 2-3 years, as inflation leading to a likely recession will push commodities prices up further and this is a growth share coming to blossom in a time of under supply and growing demand. Obviously to some extent this assumes you got in early enough into JLP, and are still in positive territory. So i am very pro-Jubes.
For info i think gold coins (bullion) are a good shout for the next few years (VAT & CGT free) with a in & out cost of c5%.
And personally i have invested in old & rare Scottish & Japanese whisky which is proving to be a real good inflation hedge.
Sorry for the ramble - all IMO ATB Shorn
POC
Understood - i think...
Seems to me the additional excess shares are not designed to potentially reward the already committed PI's but those who are limited in their holdings and most likely to buy more on the open market ?
Not sure i quite get the reasoning...
it's probably just my lack of understanding.
ATB Shorn
gus0
Totally agree - for clarity on maths example - i own 2,002,773 shares, got offered 286,110 and have taken that up plus requested the balance to take it to 500,000 - i understand that we wont know what we have until after 30th March.
IMO ATB Shorn
Just took up my option and requested another similar amount to round off at 500k shares.
Very confident in this company.
IMO ATB Shorn
If-only
@ 11.40 Leon states we are not paying dividends in the next 2 years, but after that in the 3rd they would have that potential.
https://www.youtube.com/watch?v=asxmrJtc76Y
Good interview all the same.
ATB Shorn
Montyfino
Yes it does seem that way.
Hole 26 is in an undrilled expanse between holes 8 & 10 further north and Hole 30 to the south.
hole 26 also is close to the start (top) of the very first hole 1, with hole 26 drilling west to east across the area at the start of hole 1.
Certainly hole 26 data helps with defining the likely tonnage in an area of the open pit otherwise previously under drilled.
IMO ATB Shorn