Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video 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.
Last one Daz as you ran away from the Maru board.
https://twitter.com/JB_MiningAfrica/status/1778373707347403200?t=wD0PvChizU_mofH3tynNdA&s=19
$54m per year revenue from the byproducts alone at Marulas lithium mine
Horult, Regarding selling at 0.7 or whatever, I find when I look at historic graphs, I always wish I had done something different. However when I am in the action of doing some big trades it is not so easy, can't sell big blocks quickly enough, can't buy due to spreads or can only buy in small parcels, then after a long period of hard work and sweating it a bit, the historic graph makes it all look hindsight easy.
I think we probably had the time here, but without being in the mix you never really know. There was some insane spreads for this share. Down and up, both would affect liquidity.
Horult, got you. I think we will keep off the maths if we can avoid it.
It is difficult calculating compound growth when there are withdrawals and trading.
If anyone finds a good free compound calculator on the net which covers these events please share.
And for complete transparency my 'free' ride here needs to get to 0.55 to be back to 100% so again not too far fetched
still kicking myself, like others, for not selling at 0.7 even though I half expected it that pull back still caught me out
Bad maths explains it Laverda!
I used to be 100% up so in my head I sometimes think I still am!
but now technically you could say I was approx 50% up. I have taken out my original funding, the 'free' shares are currently approx half of that value.
If I see 0.37 again - which is not too far fetched, then I will be back to 100% on paper of course, nothing guaranteed till you hit the sell button
* should have said loved WOW
but then again the sentence still remains true with that misspell haha
Horult, possibly just me so upfront I apologise if it is.
On here you say you trade and then go with that free ride stuff so many traders talk about.
However I read the Prem stuff because I am interested in mining and plant, I read a lot of mining boards. However on there you also talk about a free ride with Prem shares
How can your investment be up 100% if you removed it and are on a free ride?
Jeez a Leroy Jenkins reference!
I lived WOW back then and that was certainly where I spent a hell of a lot of time, far more than I have spent on any BB.
well that clears things right up. Neither of us are 12 lol
Quick maths 3 per day lol what the actual fork. Bill bashing his calculator to get a number crunch. I'm no Bill I'm a Leroy Jenkins.
Ok mummy
oops sorry mymy
Now, now children!
Just a suggestion so people do not misinterpret you. My number of posts over 3 years is tiny, approx 3 post per day so that is completely irrelevant to anything.
Yes vast was a dog and I bought at the wrong time, so what? I'm sure you have never ever made any bad buys eh?
prem I am still up over 100% so what?
me 12, nope but the way you have responded it suggest you are younger than even that.
Emoji what are you, 12. I don't need advice from someone invested in vast and prem. 3400 comments in 3 years, bet u got lots of time on your hands huh. See ya
Always hard to interpret posts in writing, you know nobody can see your face or hear your voice right?
perhaps state your are being sarcastic or at least pop up an emoji or two to help express yourself better. I was not the only one you took you literally.
both companies have an end goal of lithium - whether either of them actually gets there is a different matter all together😂
but the goal is the same
I was being sarcastic. If you have been around the 2 companies long enough you would get that. And only one company has an end goal of lithium and its not prem
And todays drift has come as no surprise to me🤷🏻♂️
Why would it?
there is no magical link between prem and kod SP, 2 different companies, countries and all the laws and red tape that comes with it, different business plans to move forward. 1 pilot plant and 1 full dfs/full plant
The only thing which connects them is the end goal - lithium.
Isn't that like saying shouldn't natwest go up when barclays does!!!
2 different company's, some spend too long on lse
Shouldn't we being going up the way prem does when we come down.
Daz, I have looked a lot at various pilot plants around the world, they are a good idea, but with share companies they appear to have a bit of an issue.
Nobody starts with a pilot plant if they have a proven resource or unless there is an issue with the material going in to a plant.
Often the reason is compromised ground, artisan workings etc.
The problem seems to be that if there is not a massive possibility and a big story behind it, then it is difficult to attract investors money. In my opinion this wastes too much money and the precious cash is not focused in the right areas.
In my opinion all the drilling cash has to find is enough material and with enough data to ensure in the first instance that the pilot plant recovers its investment and a previously targeted amount of cash before moving to next stage. All the initial data should be ensuring that the correct data is available to select the correct plant and configuration. If all that happens is they pay off the plant and have some cash they get to explore another day.
But sensible and boring doesn't cut it so it appears these days investors are looking for a 12-18 month fairytale ending. Rainbow chasers as the industry call them.
That is clear here, everything lined up taken years to get here, very dull for many investors and why Kodal's shares are trading at a discount to NAV.
Ah so our travelling troll has found a new target.
He must be bored, the recent attempts at disrupting the prem board have been largely ignored, so the prem vs kod 'war' has fizzled out, thankfully been quiet on that front for months. Daz attempting to poke that board but not too much swing back onto kod board.
so bored with the lack of bites on his fishing attempts, he has now has the maru board in his sights...
just ignore him Andii it's the best way to keep him quiet. The more you respond, the more he pokes. About time Daz grew up and stopped these silly games. Kod board is getting fed up of these swing backs.
Andii this is a kodal board, therefore can you stick to kodal. No one here cares for marula.
OK it's a pilot plant capable of doing 60ktpa. Nice pilot!
They are waiting for the Tomra sorter to arrive which has 4x the processing capacity hence they are just in the initial ramp up phase right now.
#maru here is the video in YouTube format
https://www.youtube.com/live/tdCnhiaSYyk?si=oONUMr3O-Yi__fmf
At 1hr17m30s Jason talks about coltan sales two weeks after assay results come back from the offtake partner so potentially this month (£250k for the first 2t sample with a further 7t bagged ready to go)
At 1hr8m30s Jason talks about feldspar at todays prices being worth more than the Lithium.
Do you have a link for the satellite images?
New Drilling marks have appeared on satellite all over boumou.