The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
For me we don’t have the finances to release the potential of the existing areas by mining it ourselves which is why we are up for sale. Obtaining the rights to add another significant chunk of potential only makes sense if we are looking at one of the following
1. Selling the existing areas and ploughing the money into developing these new ones ourselves
2. Selling everything and getting a much bigger price now the potential is much bigger
Either of these would be wonderful for us shareholders.
I think option 3 is to develop the lot if we don’t sell anything - this for me is an absolute non starter and there would have been no point purchasing these new options if we would struggle to fund mining the existing areas -
This leads me to conclude BOD are absolutely looking at option 1 or 2 and hopefully news imminent. Fully expecting a good rise tomorrow as the value of options 1 and 2 just got a whole lot bigger!
Currently showing. No surprise there. I’m expecting a good rise
Wants COVID shares to be suspended Monday as he knows prices could rocket on the new tender news. Aah, that’s not how it works Tom. I think we should all see this as proof the shooters are petrified! Happy days
Sorry Wolf. I’m expecting a v healthy rise today. Looks like we could be moving towards the mologic test, esp from the photos on Twitter which led to Omega’s tweet!
let’s get to at least £1.20 before the big news starts to hit, then who knows!
£1.50