The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
HMS Float Check
(naval term for throwing something overboard)
HMS Float Check
(a naval term meaning to throw something overboard)
https://twitter.com/orosurmining/status/1367768413490319364?s=21
Multiple high grade zones in a wide low-grade envelope and favourable topography with pipeline of drill ready targets
Encountered significant gold and zinc mineralisation
Best intercepts to date include 15 m of 40 g/t Au (DDH MAP-48) and 41 m of 14 g/t Au (DDH MAP-38)
How about "The One" or "Candy by the Pound" ?
Any predictions for next week? ;-)
Same here - my £5k buy (12:12:16 @14.97 for 33,340 shares) - showing as a sell
I personally think (IMHO) that the mets results will more likely appear at the end of next week or the beginning of the following week. At the AGM, "within a few weeks" was the message. I have confidence that they will be good, and they will present the next step towards further derisking of the overall project. Despite the rollercoaster over the last few days, I'm generally happy with where we're at so far.
I will only consider top-slicing and de-risking @ 50p - maybe not even then.
Also on HL:
I can only buy £25 worth @ 11.48p
I can sell 25,000 @ 9.9p or 50,000 @ 9.8p
I can sell 50,000 @ 6p now
Here's some info from the quick notes I took on the call:
Options/Warrants: Consolidation at the same ratio 500/1
Current options being explored in terms of raising capital:
They are considering a number of different strands -
1. Looking at a JV group to come in and work with EUZ and invest into the project itself (ideally minimal or reduced stake).
2. EUZ will look seriously at any buyout offer if tabled.
3. EU Grants/Loan - actively pursuing securing funds according to the grant model.
4. Pursue further exploration of using the precious metals credits.
5. They didn't completely discount dilution, but rather mentioned it quickly in passing.
Other messages and information in the mix:
1. Wardell Armstrong should complete their current work over next couple of weeks - news will be out more fully once the new numbers come out.
2. They want to make the project as attractive as possible without spending a lot of money.
3. The company is in talks with a JV group and once solid agreements are in place, RNS will be out regarding this.
4. Proving up the deposit takes time, and there' a lot of boring works like Hydrogeology, metallurgy that must be completed. The very good high grades that sit within the deposit is where the focus is. The Intention is to do things thoroughly.
I had to leave after the last bit, but I think I got most points down. Hope it's helpful.
Meant to mention - the meeting is at 11
https://zoom.us/j/2659187498?pwd=emxWT1FuRFluTEc4cFFubktrdXNJQT09:
• Meeting ID: 265-918-7498.
• Password: 555555
Typo, I meant NOT "elevate"
I hope you meant "Alleviate" and "Elevate" ;-)
I believe that shares in an HL account are held in "Hargreaves Lansdown Nominees Limited", so any shares held here should fall under the nominee banner. Happy to be corrected.
Same. Can't get a quote to buy, but I can sell 260K shares no probs...
My preference would be to see an RNS that provides an update setting out budgety measures resulting from Covid-19 going forward, as noted previously; along with a statement on any further progress made on testing the high grade mineralisation intersection of TOD-025. This, along with an update on the following statement from the last RNS would be welcome:
"In addition, the Company is continuing to progress its hydrogeological and environmental programmes, along with its community engagement plan."
If the next RNS includes some or all of the above, then it will show that they're doing their job and trying to progress the project. Any announcement on future funding streams and JV etc can come later, as the items above should serve to firm up confidence in the overall direction in which Toral is heading (hopefully a mine). I could live with that at the moment :-)
If this hits 10p a share, I'm going to buy Richard Branson's island. BUT. Never say never ;-)
All - be aware that my £10k purchase this morning is reported as a sell. There should be a further £5k purchase as well.