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.
I just enjoy watching you muppets making fools of yourselves, did you enjoy the pictures of your Walter mitty team mate though??
NorEscO, I doubt that Simple Simon will be leaving any time soon, s/he seems pretty desperate to have something to say, no matter how irrelevant and meaningless!
Https://images.app.goo.gl/hWEj4teiJxjmTHmJ6
I'm only here for you princess I've found a picture of you in your battle rattle, looking forward to your next keyboard warrior meltdown ;).
How many times can one person lie, I’m sure you’ve told us 29484293 times you are leaving……..
It's almost like he talks mainly from his anus like his pals, on the upside we've had very few pearls of wisdom from notesco.
Small mercies and all that ;).
Boggy , you seem to have done a complete 180.
"The JV is sound"
"There is no question that Anglo will find the big deposits"
Quite a change from "the JV will never happen" "there's nothing on the licenses"
Now all we need to match is your stringent requirements for a BoD, why don't you apply ? they could do with someone with spare intellectual capacity !
Certain posters are having a truly difficult time trying to make out that there is no investment case to be had here at this price whilst also calling the recent 3p warrants robbery - the two are mutually exclusive, the arguments are oxymoronic.
Either there is no money to be made here and so those warrants are a non talking point or there's significant returns to be had from 1.8p and we should merely be annoyed that Nick has rewarded himself and others despite mismanagement.
Just for a laugh I read through WonkeyDonkey's posting history.... talk about glass half empty! It's a shame people have to earn a living this way isn't it? What do you do when you are not talking down companies you have "no interest" in? Cold call pensioners to scam their life savings?
"The JV is sound. The problem is the Arc BoD - their greed, incompetence and misinformation. You yourself point our a new wrinkle. Anglo surely must have plans ready for the drilling season which is imminent. So where is the 'rich news flow' that Schirnding promised after the JV was signed?
The fear is that even if value does accrete, Schirnding will somehow blow it for retail holders."
Absolutely spot on here - for me there's no question that Anglo will find the big deposits, assuming they are on the Arc licence areas. The realistic outcome though is that Schirndig will manage to screw it up for investors - he seems to have come out remarkably well personally from the recent destruction of share price, allowing him to buy and issue himself and the other placees warrants at absurdly low prices. So much so, one might almost think he did it deliberately.
Anyone interested in Arc as an investment should research two things:
1. NvS and his dreadful history at listed companies, particularly Bumi
2. The complete loss of the only significant balance sheet asset, the Tingo shares, which turned out to be utterly worthless, and there has still been no information from the company about who was responsible for the incompetent due diligence on the Tingo deal.
Anyone who actually has any faith to invest in Arc after researching the leadership here, good luck - caveat emptor.
And it will happen and then as per usual our resident trolls will dissappear;).
Still raining in Zambia (end of rainy season), so Anglo can only drill when the ground dries out. Forecast does look promising though. Company COO in Zambia at the moment, presumably to discuss drilling plans with Anglo.
So timescale is 'when the ground dries', which should be soon, maybe end of month.
Where tf are the plans for drilling? I would really like to know what’s going on here. I don’t need to be fed weekly info, but it would be nice have some clue about timescales.
Thanks.
Let me rephrase that for you for the sake of balance Fullers (and LSE mods) :-
And theyre'in lies the problem. To spend years ramping a company because you wont admit you are so underwater its frightening theirs definitely something amiss.
It happened over a week ago. 26m share trade. Cancellation of those shares will be on April 22nd, as per recent RNS.
How long before the Swedish buy back is complete?
Then we may see an anticipatory rise above 1.80?
Hi Adw198, welcome and best of luck with your investment.
However for me as a longterm holder, Arc has been pretty disastrous, with s/p depreciation really since the Anglo exclusivity agreement was signed back in 2020.
I once hoped for an s/p in double figures. This seems unlikely this decade, but it may reach 3/4 which would be good for you at your entry level.
The JV is sound. The problem is the Arc BoD - their greed, incompetence and misinformation. You yourself point our a new wrinkle. Anglo surely must have plans ready for the drilling season which is imminent. So where is the 'rich news flow' that Schirnding promised after the JV was signed?
The fear is that even if value does accrete, Schirnding will somehow blow it for retail holders.
[ Love to be proved wrong - we can but wait and hope. ]
Once again, best wishes
Maybe it's the same person that lost that 10 shilling note I found as a 4 y.o. kid at the Kop end of Liverpool football stadium in 1961?
And theyre'in lies the problem. To spend years trolling a company because you once lost money theirs definitely something amiss.
Their really is no end to your insight Peggy.
"I would be careful here,"
You kept that view quiet. Why on earth didnt you warn people before before now!
I would be careful here, this gravy train as been going around for a number of years now, they may have some sort of deal with AA but as yet they have no forward looking plans.
They do have a few tents pitched up in Botswana but no real plan with that either, its quite poor really that a company shows little respect for shareholders and it seems there only interest is themselves and there mates.
I am sure at some point it may make 2p or if you get really lucky 2.5p but if I were you i would also expect to lose my money, this company is what AIM is all about.
LOL, you'd better be careful what you wish for - right now, the share price is much closer to less than 1p than to 10p+!!!
I’m newly invested here, it seems the Swedes selling out is what dragged the SP down as that was some serious selling pressure. Whilst the raise stunk of the usual self serving AIM BS, it’s behind us now (and gave new investors a good entry).
Im confident sentiment will soon return and excitement will build. My only slight concern is the lack of a drilling plan with Anglo. I think Im right in saying they’ve got 3 years to do their drilling and I just hope it’s not been put on the back burner this year. Seems a bit quiet on that front.
Hopefully when the rain stops we can get moving!