Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Exactly. I think that’s fair enough myself. They are looking medium/long term and know the value of the company. Why release every bit of news making the SP even more volatile just so the short term investor can be happy..
Maybe if kallak was in a proper tier one jurisdiction like Uganda or Somalia we may get more support. Instead we have snails pace Sweden, vardar which you might aswell be drilling in my back garden and Finland which has prospects but they don't know what they are doing.. imo
We thought that about BEM around 1.2p. though I agree I think POW is nearer the bottom as at least it could raise funds at a premium to it's SP with some wealthy backers. BEM couldn't do that with apparent world class assets lol
No underestimating their greed. Their is a reason why they never buy on the open market nor Ed buying any prior to the placing. He knew he was going to 'take part' at unforgivable prices. The underwriters I suspect have a large part in all this. They won't of lost money when the underwrote the last placing. Us PIs are just used and treated like mugs when it comes to all this.
I think the enviro permit and build up to it will produce pretty substantial gains, however with the huge dilution it's uncertain how far exactly.. if we get that far then it's very serious. However I'm not expecting any crazy 50p a share returns anymore. More like 5-10p if we are lucky and ride the hype and lucky enough to go in a bull market lol
Seems like he is there to ensure we do things correctly and make BEM look like it's gone through and will go through very rigorous environmental work scrutinised by the highest level of professional. It's good for us, yes. It's an improvement from our last Jokkmokk iron lead that's for sure.
Hopefully a good sign Simon with Will Barker buying a substantial quantity. However his thesis isn't short term so he's probably buying into the long term recovery which works for me too. Highly volatile it will be but makes it exciting.