The latest Investing Matters Podcast episode with Inclusive Asset Management's Alexandra McGuigan has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
At over £8,000
Just saying, could double up here today imho gla
Re rating all the way back up
Looks like WLFE is being let go, up 21% on 11 trades.
The train ;-)
Ophidian welcome back...indeed one to watch... 6p+ bound imo, true value is due here .
:)
According to the RNS of 30th July:
"Once established, the Priority Bridge Loan does not include any conversion terms and any future convertibility would need to be agreed between the Company and RCF VI".
They are currently doing a future funding review to determine the way forward post the October date so expect an update before that date.
This appears to secure funding until 28 October 2018. Any ideas what happens after that. Also has anyone looked at the convertible loans and worked out how many more shares may be created if they are converted?
Big minnow, yes agree debt has driven sp south. However fundamentals and W in ground have not changed. A strategic mine important to UK should prosper .
Stretcham
It was at 15p but since then the number of shares has increased by about 200m or so and the debt level has ballooned somwwhat ;-). However, progress is being made with plant improvements and as they are now processing just the hard ore recoveries ought to be improving.
Agree. The funding green flag has secured the company going forward . The previous financial mess behind now. Serious backers are happy to push this forward. Was 15p a few years back ....
Note that delayed buy of 270,830 from 8:34:27 - it does not take much for transactions to through with LRGS flag set. Of course the 10,000 market size is pretty absurd with this. I think many do not understand the commitment to this company of RFC and the other trade stakeholders.
The herd have taken their eyes off this.. wait for the stampede as the reversal takes full effect
Fundamentals were always strong. Don't forget this is the fourth largest W mine in the world.
This does look good but I won't be opening the bubbly yet as it has not risen on the ASX and this rise was due to only a few buys. When the buys are half a million shares or more each time then I will be more hopeful. Any upward movement is a good sign though and I hope it continues as I am still a £80K down.
Market reacting to golden opportunity, producing mine dirt cheap,
It is certainly a delayed response to the funding update; there is a very small free float in this stock so it does not take much to move the price either way.
Anyone out there??. This is re rating!!!!!
She goes, back up to 6p levels in order me thinks...gla
Looks good, trend reversal coming,
Date Time Trade Prc Volume Buy/Sell BidAsk Value
20-Aug-18 16:29:09 2.60 518,884 Buy* 2.10 2.30 13.49k O
20-Aug-18 15:14:41 2.30 13,478 Buy* 2.00 2.30 309.99 O
20-Aug-18 14:59:11 2.30 20,000 Buy* 2.00 2.30 460.00 O
20-Aug-18 10:50:10 2.20 4,000 Buy* 2.00 2.30 88.00 O
20-Aug-18 10:49:02 2.30 80,173 Buy* 2.00 2.30 1,844 O
20-Aug-18 09:45:17 2.20 50,000 Buy* 1.80 2.30 1,100 O
20-Aug-18 09:40:41 2.20 21,000 Buy* 1.80 2.30 462.00 O
20-Aug-18 09:27:56 2.20 50,000 Buy* 1.80 2.30 1,100 O
20-Aug-18 09:10:01 2.20 1,705 Buy* 1.80 2.30 37.51 O
20-Aug-18 08:18:14 2.20 32,260 Buy* 1.80 2.30 709.72 O
20-Aug-18 08:14:24 2.30 86,956 Buy* 1.80 2.30 2,000 O
20-Aug-18 08:10:32 2.10 142,857 Buy* 1.70 2.20 3,000 O
20-Aug-18 08:06:14 2.10 6,666 Buy* 1.70 2.20 139.99 O
Late buy @2.6.....
More chance of making a couple of quid on ORM
Hasn't the improved operating performance given rise to the financing been agreed...? So you would assume a speculative bounce in sp?