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Leyshon Res Share Chat (LRL)



Share Price: 0.425Bid: 0.40Ask: 0.45Change: 0.00 (0.00%)No Movement on Leyshon Res
Spread: 0.05Spread as %: 12.50%Open: 0.425High: 0.00Low: 0.00Yesterday’s Close: 0.425


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james7
Posts: 2
Question
Opinion:No Opinion
Price:0.43
LEN payout question
Fri 09:09
hi does anybody know how they are paying out as I held in nominee in TD but cannot any credit as yet, suppose will be credited to account shortly anybody else on TD similar situation know whats happening
 
pablo2
Posts: 6,275
Off Topic
Opinion:No Opinion
Price:0.43
BRB1
Wed 17:00
Yep, invested here too. Like all long-termers, this was the original vehicle and then LEN split off.

Not really been keeping up-to-date here really but I imagine we're going to remain suspended for quite a while yet. It surely will take some months, if at all, for us to find a suitable investment and complete it.

I see our market cap is 3mAuDollars = £1.5m, and this equates to roughly what cash we have. This was always the poorer brother of LEN in my eyes and yet that ended up with nothing. Glad I got something back for my loyalty and managed to spin out a couple of hundred pounds at the end buying more LEN @ 3.75p about 6 weeks before the 4.1p payout.

Will check back in when we have anything to speak about. GL
BRB1
Posts: 509
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (2)
RE: Leyshon Energy
Tue 15:35
Hi Pablo2
Glad to here you got your 4.1p, are you invested here as well?
Not shore if this will go anywhere but let's hope so.
Regards
pablo2
Posts: 6,275
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (2)
Leyshon Energy
Tue 09:52
Just to say, had my 4.1p payout per share, which at least was something back from that part of the Leyshon deal (at a loss mind you).

The LEN site on here seems to have been closed down now so suppose that's about it for poor old LEN.
cookiecrew
Posts: 6,721
Observation
Opinion:No Opinion
Price:0.43
View Thread (2)
RE: at
2 Feb '15
Yes least they trying to find something to invest in or takeover atm
BRB1
Posts: 509
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (2)
at
2 Feb '15
Least this is more positive than negative. I have more confidence in P.A. abilities.
gkit
Posts: 154
Off Topic
Opinion:No Opinion
Price:0.43
The state of play
30 Jan '15
well no-one else seems to be interested enough to comment, so I will! This company took a sizable chunk of the Leyshon assets when it split and has subsequently done so little that even AIM won't let them give each other more shares, or sell more to gullible new investors, and that is saying something when you fall foul of AIM regulations.

So instead, we are locked in, the shares are unsellable, a large amount of money has been lent interest-free to an obscure outfit on a vague promise of letting us have it back sometime, and meanwhile the company has spent more than a million dollars on admin and "evaluation". Plus over $200k in the last three months alone on "Mt Leyshon holding costs", whatever they are.

Every RNS says resource times are tough but that also gives us good buying opportunities. Yes, it does, but have they bought anything? No. What are they waiting for, prices to go up again?

I just find it hard to believe that there are worse ways to get screwed by companies than to be traded on AIM, but these guys have managed to find it! Would anyone have voted for this if the resolution had been put "should we just hang on to a ton of your money and do nothing for a few years until it has all gone, while you are locked in?"
samewise
Posts: 539
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.43
REPLY
24 Jan '15
ALL THE AUSTRALIAN discussion boards are saying the same thing.....THIS IS NOT 'PROFESSIONAL' BUSINESS PRACTICE (no matter what country you come from, whatever your language)..........Try...http://hotcopper.com.au/.... There are many others to look at too.............And 'STRONG CASH POSITION' quote! You've got to be joking.... the three million working capital from over a year ago is now down to just over one million.........Looks like they've had a swell time at everyone's expense......If you look at the RNS's too, they never change them, apart from the top few lines. They are not even bothered enough to write a RNS once every 3 months.
rugs
Posts: 685
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (3)
RE: Reply
23 Jan '15
Agree with both of you. We give away £ 400,000 to a company nobody has heard of ( and we almost committed a total of $ 13.5 mio ) and are now told we have a strong cash position with working capital of £ 850,000. I think I would be happy to see them put half a dozen bets on the roulette wheel. At least that way we might get some money back.
BRB1
Posts: 509
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (3)
RE: Reply
23 Jan '15
Down the creek without a paddle.





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