Iam surprised by the fact that you are still pulling the company down as an investor ? You are costing yourself money i was expecting the rns today would tell us we have half a million left we have a fair amount of funds to invest going forward with , for me as an investor in the company thats good news i know some are sat on bigger losses than me but slating the company only makes matters worst.
Yes I am sure the directors have been working hard - because a deal has not been possible is no reason to **** them off. The accounts look good no nasty surprises - Manas written off but not much cash used - a bit better than I thought. All to play for here IMO
is they are working for a good investment, that doesn't always mean a deal is guaranteed. They haven't been sitting on their hands living off the company. Plus, we have our wealthy investors. The manas fell through as predicted months ago, the gold deal as mentioned here on this bb, this didn't didn't work out to our benefit and was dropped. The other route as discussed here was oil/gas. Now, they talk of Africa and an oil/gas investment. I just wondered if we may tie up with Nick Lee and Nigeria, it's a discussion possibility. Ldp, is alive and kicking.
DJ Leed Resources FY NAV Per Share Up to 0.13 Pence; Widens Pretax Loss LONDON--Leed Resources PLC (LDP.LN), a natural resources investment company, Friday posted a 62.5% rise in net asset value or NAV per share during the full year-end, adding that it continue to believe that the company is in a strong position to deliver in the period ahead.
-The company recorded NAV per fully diluted share of 0.13 pence during the year-ended June 30, compared with 0.08 pence a year earlier.
-Pretax loss widened to GBP1.3 million from GBP372,000.
-Operating loss GBP1.3 million versus GBP327,000.
-Basic and fully diluted loss per share 0.05 pence versus 0.01 pence.
-Leed Resources PLC shares at 0835 GMT traded down 7.7%, at 0.06 pence, valuing the company at GBP1.9 million.
-Write to Razak Musah Baba at email@example.com; Twitter: @Raztweet
A period can be any time frame but I think as the comments were in a summary regarding the final accounts which cover a yearly period then my take was that he was referring to the the following yearly period. I obviously hope your correct!
Just spoke to peter again when i mentioned that we were 23%down he said thats ridiculous we are trading below our cash levels . I asked him are is hands tied by the wealthy singaporeans in regards to going forward as an investment vehicle ?he said no and agrees there are very undervalued companies on aim , l got the impresion that he realises ldp need to make some changes i also said i was pleased that the cash situation was a lot stronger than i expected , that is the third time i have spoken to peter and i thanked him for his time in talking to me he is one of a few ceo's ihave been able to speak to .
Is this within 4 weeks! RNS: Having said that, we therefore continue to believe that Leed is in a strong position to deliver value through a transaction in the period ahead, but it needs to continue to approach projects with a critical eye and to ensure that any transaction is completed on terms that reflect the current market situation.
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