The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I've been looking to get back in here before news hit. Today's rns had thrown me completely.
All the potential is still there, nothing's changed in that respect, there's some talented people on-board here. But the boat has been well and truly rocked. I can't see any major uptrend anytime soon.
Bottom drawer doesn't begin to describe it.
I'm a long term holder here, and obviously I'd love to see a meteoric rise in the share price. However, in my humble opinion, there won't be a significant rise until we either start using the methods we're developing to mine for ourselves, and/or we enter into a commercial partnership with companies wanting to use our methods.
I've got faith that both will happen at some point, but I've no idea when. The end of the year might be a bit optimistic.
If this rise is mirroring the rise in bitcoin, then so be it. To be honest, I don't quite understand it, but that doesn't mean it's not justified.
I'm not complaining, far from it. The higher the share price the better for when the relevant news arrives.
Excellent post Loch. I was going to say pretty much the same thing regarding JV's.
This share previously had a good run on positive sentiment, which ultimately didn't deliver. There's going to have to be hard physical proof that ecr are walking the walk before things start moving again.
Im looking to get back in here, but I don't think the time is right just now. Having said that, I wouldn't be panicking if I had bought in recently.
The thing about FG is, time scales don't seem to mean a lot to him. He has no qualms about overshooting or even ignoring dates suggested by himself for info/ updates. But maybe that's a good thing, maybe he's focused on his goals and ambitions, rather than appeasing every Tom Dick and Harry.
I've still got faith in him, as we all have, hence we're still here. And that faith is definitely stronger than it was six weeks ago.