The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hi Earlo, you’re right re good value. Some news due anytime re trading update. The SP has been very static for several months which frustrated many shareholders me included. I’m glad I held on and bought in substantial yesterday. Onwards and upwards imo
GLA
I’m in it for the long term, just added some more. Think we’ve reached the bottom but a long journey yet. 3 good buys on the bounce, first time I’ve seen this whilst following this share.
GLA
None yet, very early days
Scoping study, a sugar daddy, environmental impact assessment, a very large farm out agreement, not in any particular order, would do nicely.
I’m led to believe diesel generators at first then over to renewable energy later ( new power plant being built nearby). I see the island as a potential bonus, large jetty- conveyers straight into bulk ships to production plant. Significant costs of vehicle transport offset by initial costs of setting up an export terminal?? Not sure about the environmental issues with use of water (sea or other)
Thanks Saigonsally, I think any news of a finance deal to secure production will set this share alight. I also think many are waiting for the bottom which may also be many months away. Either way there’s only one way this share is going long term as more pieces of the jigsaw come together
GLA
Hello BB
I’ve also done significant research too. I believe the Amitsoq resources will be very sought after and although a difficult environment to work in should attract decent funding from Europe and North America. Like you I’m waiting on other funds to enter large. I see a slow exponential burner here. Can’t work out wether to also invest in Alba, as joint entry to future profits
Looks a terrific company for the long term. Looking forward to the next 5 years
GLA
Thanks Kn0wels
I stand corrected, your argument makes sense. Let’s hope we all get some relief from the ongoing mystery soon
GLA
This accounts saga needs to be seen as absolutely squeaky clean so not worried. Also reduction in liquidity from 40m to 32m positive as I see it as a sign that profits are up
Hi Dickie Kenny John. Apologies if that message came over as a little negative. I do like Prem and I’m sure it’s got great potential. I am invested since before Xmas and also intend to buy more. But as an engineer and manager within a very large company myself the plans/permits/approvals/ are the bedrock of a project. I’m hoping it’s just paperwork that’s not kept up with the impressive speed of the build
GLA
Don’t bank on sharp rise tomorrow imo, a shocking RNS highlighting that some Approvals are still outstanding at this late stage. All the ducks need to be lined up before this baby can start to pay for itself