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Did anyone manage to make it to the investor evening yesterday? It would be good to hear any points raised/when to expect further updates etc
IMO, once the JORC information has digested I fully expect a rerate. And then MRE findings to look forward to too.
The next important update will be the petrography and mineralogy results, but this time for the high grade weathered cap. This information is due very soon and will confirm exactly what we have in the top 30-40m.
Courtesy of Saracen on ADVFN.
“Empire presented to over 120 guests last night at the Shares Magazine Investor Evening”
ML
A contact of mine (who I will not name) is meeting SB tomorrow and has some questions from me. If anybody else has a question for SB it may not be too late to pass it on to my contact. Well-considered and pertinent questions only please. Unlike my own...
"Shaun, my neighbour's car is a Ford S-Max Titanium - does this mean it's all made of titanium or maybe just the fuel tank and engine?"
"Shaun is it true you're going to dump all your shares so I can buy at 3p?"
I was interested in the green hydrogen clean energy hub provided in the jorc and on the website as being built nearby and its current status and operating levels and how pertinent it may be to a faciiliy being built on site in its future.
Would be interested to know what SB reckons what will be the catalyst for the SP to move materially higher?!
Yes, I've thought that too. The CRUX interviewfollow8ng the JORC was brilliant and oozed positivity but the current SP doesn't reflect that. I honestly thought we'd be at 14p/15p with such a fantastic announcement.
Given the size of the discovery I’m surprised that it’s not received more press coverage. Maybe the next set of results will spark further interest.
I recall SB saying in the CRUX interview they need to market this discovery more (or words to that effect) so I imagine with him being here in the UK for 2 weeks he'll be keen to make this giant known about and get people talking. I'm encouraged that he's made a point that it's a non funding exercise but I guess lf we can get some of the big boys interested then why not.
Nobody is going to make any big commitments until we know the lab results for the newly discovered high grade cap, which will arrive shortly. But when it does land, you won't be buying at this price.
OD30D, I agree 100% regardng the Crux interview and the preceeding announcements. IMO Crux interviews are the best in their class. Compare them with the embarrassing sycophancy of Proactive, etc.
At Pitfield, Empire probably has 150 yeas of global titanium supply covered. Yet the company is still doing interviews with Zak Chuffing Mir! We have an emerging giant business acting like your typical AIM garbage.
The marketing focus on private investors is a failing strategy as is evidenced by the market cap. It's lazy marketing - doing what Empire/Georgian/Noricum has always done. A PR strategy aimed at PI's is fine when you are scratching around in the dirt of some mediocre assets and looking for the next bailout placing from PI simpletons to keep the lights on.
The game has changed. The Empire brand should be perceived by big investors as a global leader in titanium. Zak Mir interviews are not consistent with such a brand ambition. This point I have asked to be forwarded to SB,
The simplistic version is the interviews provide mission statements, and signals of intent.
And to the common investor we buy on such, at low market cap entry at small cap value.
Large investors or potential suitors will not deal in such, have the luxury of progress first price later basis.
The interest will come, once a more detailed picture surrounding by adequate progression is met.
I understand how the conclusion it's a non funding visit has been taking from Shaun, but I assure you its no guarantee.
Many a ceo has said as such prior to conferences or visits meeting large investment groups or individuals, only to return with such in terms of placements and other avenues.
But I will continue to take his word as such, simply because he has been forthcoming and transparent so far.
The facility his ambitions detail, will require a lot of capital above the current 3.43 million, so my suggestion is these funds will need to be raised through some avenue.
Your welcome to debate as such, and so you should as shareholders.
"I recall SB saying in the CRUX interview they need to market this discovery more "
Do you think, if the discovery was established as the massive asset EEE present it as, it would NEED marketing?
One surely has to wonder, if that is the case, why majors are not queuing up.