focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Reason for rise in brent. http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-42308437
https://www.ft.com/content/43aae73a-c0af-11e7-b8a3-38a6e068f464 first paragraph after graph
1.6M bought and 247,000 sold and price ticks down?
Is this the EU saying we are happy to take the UK's contribution until you finally leave but we are not giving you any grants in the meantime and we still want £100bn as your gift to us when you do go. I hope someone in government is monitoring UK grant awards, or lack thereof.
SGD rightly or wrongly what I take from RM's recent comments is that the present drilling campaign is nearly complete and will probably be complete by the time the first drill results are released in 3-4 weeks time.
The more I think about it. Let shareholders take the initial risk. They now know what is in there but we are only going to get a very selective set of results. RM said in proactive interview geologists were all over the cores??
What RM is telling Swanley is what he would like to happen in an ideal world!! Playing the game. The one thing that is needed to prove up the resource is drill rigs. Who owns them? If EQD owner takes SULA private he doesn't need capital markets to raise finance for drilling. RM stated that EQD sent two rigs when they asked for one! Let's see what these assays return. Remember RM said they had nearly finished drilling as stated in latest interview. Why not wait and send all cores off together so that all results come back together. Surely cheaper than batches. For those who know better than me. Rig one has been drilling Eastern target for 6 weeks. How many cores should be ready - more than 3-4?
I am sorry Steve but RM can't guarantee that. He stated that EQD drilling owner transferred shares to his own holding company. There is nothing to stop him putting a bid in for 0.56
surely it is a sitting duck given its m'cap for a takeover. Worth it even to do away with competition alone.
Thanks, sorry I got samples the wrong way round as that was my main concern. Noticed it once I posted and then corrected it. It was also RM clarification on proactive investors that EQD would get shares at market rate (not discounted) once drilling complete and results announced. I would have thought he was too wily to get caught on a spike.