The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I heard he's got CNR Bag Holders on retention, on site. They just give him a lift up there when it's bed time.
Try to not link such a cancerous website again..
Regardless of how outdated the article is - I hope you ran malwarebytes immediately after reading.
If it spills into Q3 we'll hedge our bets, pack up our few percent and look elsewhere.
Idc it's not like we're even using it
I imagine that's the case, seeing as we're in for another year of absokutely f-all happening.
My god I can't believe this BOD. Their latest actions and behaviir have been poor to say the least.
I still can't believe they spent so much on a bloody drill before u-turning with the "well were not miners!!!" comment.
How silly.
Google showing mcap of 101m.
Had to do a double take
Slim out of curiosity, has the wink and "soon" honeymoon faded?
You seem more wound up that I, and I wasn't at JM's latest prezzo!
Some of you may or may not remember the prophet that was John Gilchrist.
Perhaps contact him for a sitrep.
I honestly cannot believe that this company's still even listed
I've been here since the days or George Morris - you lot do realise this is an absolute sham outfit, right!?!? Rinse and repeat. You either make a tenner on the pump, or lose EVERYTHING!!
SORRY GUYS, there is no value here. You'd have to be f.ing mental to invest in this - it's an aim cautionary tale lol
I'm frankly annoyed that we're trapped here as it means we can actually invest in an actual producer.
I'm not sure rhats made a huge amount of difference for this process, though. I think the floundering sales process really has made us look like we can be picked up on the cheap as There're clearly no buyers with a sense of urgency
Unfortunately CNR behaves inversely to what you would expect with unrelenting consistency. This sales process - if you could even call it that - really is just a product of the fact.
Tbf that's not bad advice..
I'm honestly a bit shocked you're not more annoyed.
Probably some much lower averages in here that have been around for many fewer years.
I, for one, think that if Hamman and JM can't land a deal in 18 mos, and Mark's gone to ground (why the f were still paying him I'll never know), there's something seriously wrong.
I've said before, I still need to break 40s to break even so unless I'm willing to crystallise that loss I'm stuck in the trenches.
Meanwhile Mark's flying about getting paid and moving house whilst doing - well, nothing to add value - and JM's simply not massively concerned.
Presumably he thinks he's going to live forever and will eventually land a deal in 2124 when gold hit its all time high of $300,000
Ridiculous bag holding continues...
You'll be saying the same.when it drops from 1 to zero.
I'm sorry, but this RNS is very poor, and amounts - again - to just telling PIs to shut up and wait.
No way JM himself would have tolerated this historically.
I'm also blown away by the lack of preparedness to make any concessions.
And finally, thanking the team for "further development" of the opportunity is laughable.
We're NOT DEVELOPING!! That's the problem.
Oh well, was looking forward to another 6 months of bag holding.
What an unbelievable great asset that we're sat on.seemingly.without the ability to do anything of value with it.
Well done Mark - absolute poser.
There seems to be a contradiction.
It's jumped from advanced discussions with 2, to advanced discussions with 1.
How's that developing?
Let's throw "due course" in there for good, woolly measure.
Our definitions of "shortly", "soon", "imminent" and.... "T
this year" .... seem to differ massively to the BOD.
The old "operating under legal advice" nugget.
How about operating "with a hugely valuable asset, under bear market conditions to land a sensational deal and earn your keep".
I'm sorry, but if this continues to be blackout until the AGM where we're told "there is interest and we're close", I'll be very unhappy.
So many years have slipped by, and so many much better opportunities due to this ridiculous bag holding
It's not uncommon for shares to cease trading on deal announcement, at which point the increase in share price is crystallised as opposed to sustained buying.
A sale is binary, so it's likely this would be the case unless there were leaks.