The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Very positive day today in the news and last few days... Just saying
News chairman who is carrying out the governance review and sorting finances wouldn't take the job if we were about to go down .
Positive sentiment at mines and money and new equipment plus extensions of high grade zone to 13 months ...
Pred I would relax, this is orchestrated on a day of very positive news.
The information on prospectus etc has been known for ages, I would ask on a very positive couple of news days why the likes of TW decide to launch a full on attack?
In times like this best thing is to review the RNS and the company to settle the nerves. They certainly w wouldn't be getting new diggers and other kits if they were about to go bankrupt. A chairman wouldn't have taken the role and independent auditors wouldn't have spent days on site if it was a big con
I believe part of what the new chairmans remit was to sort out money out to Millend etc .
This may be done out of the high grade sales and the finance in combination .
Ultimately, we will only know when we get an update on finances
Think they also mentioned there were 6 zones for exploration which may yield similar results, this would be great especially when you then add Vim Rutha we have yet to do anything with then Tanzania.
Brilliant news and another stone in place, he wouldn't have joined if he wasn't happy with what he saw .
Also, for others he may be new he was running the governance and audit review, no way you are taking that job if it's a train wreck
Actually it appears that is the presentation he holds up at the end of the presentation with Mark, just rewatched and at 10.23 he says and Robbie holds up the front page. Would make sense it's in A3 for people to clearly see.
Still, we will see.
Would rather they wait until we are 1.5p+ , more importantly would rathers the investment houses and funds turn up .
Most be getting there attention once we have financing etc and any governance issues sorted
Nice way to start the day, things are really moving now
The next piece of our new yellow equipment, a D6 dozer, delivered and straight on the road up to the open pit on Kilimapesa Hill to start work ?? …. Also some nice progress in the plant with new CIL tank commissioned, this will improve recoveries. #GCAT #gold #mining #Kenya