The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Sprouts, with all due respect I don’t think you understand the scope or purpose of the MRE, much less how that results in market sentiment and future value of the company. You seem hell bent on equating the MRE to the current share price, and my statement above is the only conclusion I’m able to draw. ATB.
GDXJ must be loving this, you know they want to be able to buy a bigger chunk..Maybe I’m a narcissist, but I do kind of enjoy days like today - derampers, ppl sh&*ting themselves. I would have made a good MM ;)Relax and go listen to GH explain what is excluded from this estimate. Then think about depth.
Question that keeps popping in my head. Let’s assume PRE and Scally are both a success, though this follows our being able to drill and prove up Scally, and we get what many folks in here think we deserve - a 50/50 JV. Though with higher percentages in both PRE and Haveiron, what is NCM motivation to develop and process Scally ore over the other two options? What’s the best way to protect our interest, more cash up front?
Genuine query and appreciate any comments.