The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma 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.
that said we'd hit 2p?
That's what i thought you were doing,but I thought he was calling me a troll and committing a crime of some sort.I have quite a few interests in shares and watch and participate inUK and other boards and this is the only one that i have a filter on for the exact reason of not having to read the garbage of trolls .So on a share and it's forum that I have a large interest in,I find it laughable and really annoying to be accused of something in broken English by someone who should concentrate mastering the art of using a crayon first,before trying to achieve the complicated skill of an electronic device.
Still trying to convince yourselfs that this dog has life left in it..
ha. I was just pointing out what I thought he meant. Chill and have a nice weekend :) This will come good
Stroppy !
Paranoid :O)
Why do you ask?
Cityfan.is that your translation , or opinion ?
Translation = You are a troll ?
ARahim-can you translate please as I'm not sure what you mean.If you do please elaborate.
Yes but it will take a bit of time. Which is fine, patience is all, don’t go chasing spikes - buy when they are low and wait! I’ve increased my portfolio by 60% by just accumulatinnand waiting and not chasing. Makes no difference to me. There will be a rerate here...just look at the assets
To highlight some of the �madness� of the junior explorers� valuations on AIM, compare GGP with OTC: Both have gold projects but GGP has much less drilling. GGP have gold and copper-cobalt and possibly a base metal VMS target. All across a relatively safe jurisdiction (Australia). GGP has no defined resources of any note. Current GGP market value �55 million (mainly based on the hope that Newmont will invest / JV in Ernest Giles). On the other hand, OTC currently has access to an equivalent of around 49.9% of an inferred resource of over 1 million oz gold, hopefully to increase to around 70% ownership. It holds positions (c. 14%) in Zamsort (copper-cobalt), 18% in Andiamo (gold / copper / zinc) and 100% of Sturec (gold) - the latter of course has over 1 million oz equivalent of gold (if only they could get local approvals and / or a JV going). OTC current market cap around a �mere� �7.5 million (allowing for the block shares about to be granted and today�s SP, less if you don�t). Even if you allow for the difference in the risks of the jurisdictions the two companies are operating in (Australia vs. Africa and Eastern Europe), the valuations are severely skewed and don�t reflect reality. Now with a revived BOD in place, surely it's time to see some proper upward movement in the OTC SP?
Well they ain't gettin mine bud, I'm here till till we have serious upwardly movements or I have nowt left . . . . Value should out here in the end, holding my nerve and only looking in here now and again, Have the 3 stooges moved on ?
is just de-ramping. good play fulmar29. where were you all these days? we have not seen you spreading any good news about this stock. yuor contribution in nothing but negative. I don't think one thing worries me Mmmmmmmm ???? and lots more. why do you insist to win your money form crime such as these. do you find it pleasant to mislead fellow traders.
but it's making no difference.. only people selling at these levels are those in profit from the last placing ,recent news is irrelevant.. hope Nick made an error in yesterdays podcast in relation to the cash requirements
All you have to do is look at the MCAP the. Look at the current assets we have, then think about the future potential of those assets and it’s a no brainier. This is seriously undervalued. Even if we were to upsticks and sell everything and minimal costs then it’s still hugely undervalued. The current assets and cash in the bank are huge compared to mcap.
I don't think the news has had this effect,apart from the fact that MMs have used news to drop the price and try and panic potential sellers.
Ain't took to kindly to this either fulmar ? Good top up opportunity if i wasn't already at my single co limit.....
This is undervalued miner, but won't rise till either Ortac generate own cash flow or non dilutive source of funding or institutional support. Shorters would short with impunity, knowing they can always deliver through placement shares....lets see if this changes anytime soon.....the only good thing is by each passing day the shares are moving from short term hands to long term hands. A wave of good RNSes would blast this share, till then its wait and watch or accumulate.....
it was D Shox with the play on words-he is the real punninglinguist !
And i'm assuming before Casa can be sold then we need to own it 100% ideally? That's at least 6 months in the making anyway. I just keep reading the recent RNS to cheer myself up and remind myself the assets are there
Nice play on words fulmar29. Yup, it'll be good to have NvS confirm full ownership of Casa, get his DRC-savvy chums on the board (loaded up with OTC stock from their sale of Casa shares), final 2017 drilling results and a new name with motivated board to charge into 2018. Any kind of reasonable deal on Sturec would immediately alter the Mcap and provide a spark, especially since its value now is nil. Andiamo might also prove a (nice) surprise as and when Nick deems there to be an acceptable deal. The blue-touch paper is lit...just a question on when the firework is ignited. GLA, have a good weekend.
D Shox.I agree with your words ,and think it feels strange that one has to suffer boredom/limbo in order to really benefit. With the overhang of the placing and answers still awaited from Casa minority it was never going to be anything different.Once again,if this is going to happen,patience is key GLA
Looking at the usual timelines for getting mines into production, those kinds of valuations are likely to be 5+ years away, I should think. For an early sale of Casa within a year or two, once we've proved up what we have, I'd guess an s/p in the tens of pence would be the ballpark figure to expect.
I most certainly wont crying as i'll still be here. I'd be a lot happier if the sp figure can be �1+ as was banded about late Tuesday/early Wednesday!