Yes mate but with greater risk comes greater reward... I agree some big players have stood by this company for a long time and that wont come to nothing even if it isn't just round the corner something will happen at some point ... the recent statement from the Board of advanced talks and shortly sounds very positive for news before the AGM...
Add in the fact they have bought the AGM forward could be announcement before the AGM and then a vote at the AGM .. Could be a very fruitful few months. It's taken long enough to secure a deal you would like to think they have scored a cracker... profitable mine would go down well ;0). GL mate will be a good few weeks here me thinks.
Yes, As I stated 'As Charles has stated, they have £millions more available for the right deal/RTO. (Perhaps I should have used the word 'said' instead of 'stated'). .It was said on this very bb a couple of months ago that Charles Zorab, a director of LDP said this The only reason I have left my money in here is because the main investors did not pull out. If they had, I think LDP could have folded. I agree with you that LDP is a massive opportunity to do exceptionally well for all pi's as well. But that is our own opinion and we could be wrong and lose it. Nobody forces us to put our money in here. We will find out in the next few weeks. GL.
In your post you refer to there being millions more available for the rite deal... That completely changes the whole aspect of this company imo as cash at 1.4 million and a lender willing to splash out 10 million would make this look cheap even as is...
This is why i'm here... " However, the Board is currently at an advanced stage of discussions on a particular transaction relating to a minerals operation in Australia and hopes to provide shareholders with an update shortly. "
Mr. Jinesh Kiran Patel has been an Independent Director of Leed Resources PLC since May 16, 2013. Mr. Patel served as a Director of Coupland Cardiff Asset Management LLP Romangate Limited.He was employed at Presidio Capital. Mr. Patel focused on special situations in the sectors of mining, oil & gas and healthcare. Prior to this, He served as an Investment Adviser at Coupland Cardiff Asset Management LLP, where he focussed on the Asia Pacific event-driven space. Before embarking on portfolio management, Mr. Patel worked within the investment banking divisions of UBS Investment Bank Asia Ltd., Goldman Sachs (Asia) L.L.C, and RBS Asia Limited. He served as Research Analyst at Goldman Sachs Group Inc., Research Division(Hong Kong) and ABN AMRO Hoare Govett (Tokyo). He served as Telecom analyst and Head of Event Driven Sales Desk at UBS Securities Asia Limited.
Is any one going to the AGM on the 9 December? I intend going. Lots of theories and speculation being banded about following the last RNS. One thing is for sure, the main investors are calling the tune here and Mr Patal is their man. Not sure they lowered their average last year when Redmond was still CEO and the Manas farce was still in play. Also, not sure they will have a (quick) exit strategy. If the deal is good and gives LDP a good solid, regular income/return, would they be in for a quick buck and sell out letting others make big money? As Charles has stated, they have £millions more available for the right deal/RTO. All speculation until the AGM or next RNS. However, I feel this will increase the sp over the next couple of weeks as we all look to make money. GLA.
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