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London Mining Share Chat (LOND)



Share Price: 26.00Bid: 26.50Ask: 27.00Change: -1.75 (-6.31%)Faller - London Mining
Spread: 0.50Spread as %: 1.89%Open: 28.00High: 28.00Low: 26.00Yesterday’s Close: 27.75


Share Discussion for London Mining (LOND)


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mike30
Posts: 1,311
Off Topic
Opinion:No Opinion
Price:27.75
Lond
Tue 20:25
This is where Lond will come good. It might take a while, but when mines are shutting down and the price of IO reverses, the uptrend will start.
 
Slugworth
Posts: 1,651
Off Topic
Opinion:No Opinion
Price:27.75
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Lond
Tue 20:13
And as far as a strategic partnership is concerned, its difficult how to judge it.... in the short-term it looks good to reduce the capex there, but if the asset is so good, seems unwise to give away or share a portion. I suppose overall it will provide stability and reduce risk/uncertainty, which is generally attractive.
Slugworth
Posts: 1,651
Off Topic
Opinion:No Opinion
Price:27.75
Lond
Tue 20:10
I think this will do well, and I think it will see 38p again, but I also think this will fall some more before the momentum changes.

You may be saying there will be a positive effect, but despite the 'massive' one day rise in the price of iron, which may or may not be sustained, Lond dropped yet another 4%.

I'm thinking about buying some here, but I dont think the time is right yet. I suspect we could be looking at a SP between 20-25 in the not too distant future, but then, thats just my opinion at this point in time.

I expect the thing to kickstart the upward momentum will likely be a strategic partnership to reduce costs, or a larger and sustained increase in the price of iron. Bear in mind iron may quite easily retrace, the momentum is still downwards.
SageAIM
Posts: 933
Off Topic
Opinion:No Opinion
Price:27.75
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RE: Lond
Tue 20:02
You are missing a point slightly. ...
I am saying there will be a positive effect.

The surge in iron price is a good sign and just like how a drop in iron price effects sp, a rise in iron price is also likely to have impact on sp. The main positive is the US involvement with WHO for dealing with Ebola.

Good luck with your investment, if you are invested.
mike30
Posts: 1,311
Off Topic
Opinion:No Opinion
Price:27.75
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RE: Mike
Tue 19:59
Yeh. Average of 38p. Not cashing out till at least evens though. Will average down if it drops further.
Slugworth
Posts: 1,651
Off Topic
Opinion:No Opinion
Price:27.75
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Mike
Tue 19:56
How about you?
Slugworth
Posts: 1,651
Off Topic
Opinion:No Opinion
Price:27.75
Lond
Tue 19:56
No, just saw some messages here and decided to take a look for myself. I suspect this will go lower yet....
mike30
Posts: 1,311
Off Topic
Opinion:No Opinion
Price:27.75
Lond
Tue 19:52
Evening slugworth.

You in here?
Slugworth
Posts: 1,651
Off Topic
Opinion:No Opinion
Price:27.75
View Thread (2)
Lond
Tue 19:47
What has AMI got to do with LOND?

Did you really say something about a big time bounce for the price of Iron? Its at an almost 5 year low....



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