The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This line speaks volumes:
What we can say is that we have seen thick sections of ultramafic rocks and have postulated that the anticipated geological model has been demonstrated from the core recovered.
Enough said. Wait for the valuation to catch up with what is on offer.
Did you know that you can be sued for posting something online that is not true or for sharing or endorsing a false post made by someone else? Did you also know that if you are sued, you could be ordered to pay compensation and legal costs and forced to make a public apology?
If you are accused of saying something untrue or harmful about a business, then they must have suffered serious financial loss before they can take legal action against you.
?
It does not matter that you have not named the person or business in question. If they can be identified from your post or online activity, then you could still find yourself in trouble. It is also irrelevant that you did not intend any harm.
So a couple of individuals have caused me considerable loss, so much so that it would be worth my while taking this further. You would need to prove all you said was correct. I think that puts you on a very sticky wicket. Will consult, also with the company and revert back. Had enough of this nonsense!
Craig bless him, was the main reason a lot of investors took positions in this stock. He had a "vision" and direction that he believed in. We too believed in the story but after his demise, all bets are off. Yes, the good is still in the ground but that's just not enough I'm afraid! Under current market conditions, plenty of cheap oversold stocks with potential for many multiples to be made. So whilst we exit at a steep loss, we look forward to our next position.
You guys are very fortunate to get an email from NvS. I was well into 7 figure cash amount before the slide and he has never once replied to my emails! I've personally given up emailing him and a little sceptical as to genuine replies to any shareholders, but that's just me. I still think the asset will be sold for a handsome sum and that too before the end of the year. GLA
Listing on MAIN MARKET NOT AIM.
Will have opposite effect, price will increase as will Mcap as they have successfully listed and raised cash for exploration.
Not listing on AIM - MAIN MARKET!
Definitely won't affect the price negatively, will in fact push it up as listed on main market and attracted more funds for extraction to get on with the job.
Bought up the remaining £3k. Can now sell £40K but even £10 to buy is NT
Website shows 14p, started moving at last. This is only the beginning £15M Mcap soon enough with more to follow.
Thanks. What is the exact name of the group to enter into the search function.
Well played to those who managed a top up last week at silly prices. This is set to fly in the near term.
11.6p to buy now. Get them while you can. Once news starts coming in this will be Mcap £10M
Ortus- I keep saying do the math...One Tier 1 asset should sell for £500M easy and I think the deal is for 2 of them, therefore x2. Folk think there are silly numbers being talked about but not long now until we find out if the 10p crowd are correct or those that think they understand the real value of the asset!
You're definitely missing something Corby. With every spin off we end up with x amount if shares and warrants. This will provide a nice few million on issue and then there is the sp appreciation once those assets are developed by the holding companies. JV with KAV and RRR will produce vast returns with no further expenditure to develop mines at our own expense. It is simply impossible to generate enough cash ourselves to push all these projects through.
Okay folks what the feck is going on here then. Continuous drop everyday, so we see any support? It's Airways nice to maintain a positive outlook but we are all here to make money in the medium term.
My 6.5M votes NO!! Better nothing than be treated like ****e
K2P always billed the DX project as an easy get of the ground cash earner. This would help to pay and support the Kola project, well that is clearly not going to be the case. Yes Kola looks like a great asset but it's got SXX written all over it. Massive Mcap and therefore we have to face the facts that it may neve happen. Just be warned that the reward v risk ratio o this share is not too great. By all means take a punt but don't risk too much!