We would love to hear your thoughts about our site and services, please take our survey 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.
Since I wrote GDX fall is now in line with Centamin.
Berenberg came out again today with a buy rating at 114p. Pound dropped a whole penny against USD. GDX goes down just 0.5%. 16p at least is cash in the bank. The projected annual profit is anticipated to be over $154M which is the same as last year. The company also expects to replace its mined out reserves and resources over the past 12-18 months. The only way to look at this is that we are being offered a buying opportunity. The company is on a major support line. If anyone has a good relationship with the management and can get confirmation that production, solar plant implementation and drilling for R & R is all going as scheduled and costs are broadly in line with forecast, we would have nothing much to worry about.
Grim day today, the whole sector is pretty deflated.
Hope so razor....I've been waiting for my food for ages just hope it's not cold when it turns up, the best I can do with word play :)
78p in coming... GLA
A reasonable observation is that the sector is out of favour.
Fresnillo and Shanta are both also down 3 and 2% respectively.
It’s taking forever to cook but I believe the waitress will be along quite soon and we’ll all get fed.
I wonder what they would say about Centamin's largess?
https://www.msn.com/en-gb/money/companies/biggest-shareholder-of-car-dealer-pendragon-joins-revolt-against-bosses-inappropriate-3-4m-pay/ar-AAXTMn9?ocid=msedgdhp&pc=U531&cvid=0a30d53e3c9c4259bb0c29e8fe23a3cf
The down pressure seems relentless, down from 88 back to 80 in a week...try to stay positive but back at the 5 year low again...or 2 p above it as we made a new low
May 31, 2022
Locations and on-site images of our projects in the highly prospective Eastern Desert in #Egypt, where more than 100 hard rock artisanal #gold workings have been mapped with grades up to 100 g/t gold.
https://twitter.com/Altusstrategies/status/1531549449314508807
https://www.londonstockexchange.com/news-article/ALS/multiple-high-grade-gold-discoveries-in-egypt/15475337
Highlights: Multiple gold discoveries made across all four of the Company's Projects in Egypt
-------------------------->>>
The Twitter photos show some of the locals actively working these deposits - so it's not like Altus/Akh discovered anything themselves! The question is - as the locals are pushed out, what will be their response?
And, as Goldgnome discussed in one of his previous posts - will acquiring 'social license' include pandering to artisanals who've never paid taxes neither generate revenue for their fellow Egyptians?
@robbren58 - fundamentals of the company, present cash flows and % chances of improvement on current sub-par performance, current yield, growth prospects, geopolitical situation & stability of the gold price at current levels. Don't forget we had a takeover possibility at significantly more than the current price within the last 2 years. Good to see the management investing into the company now as well.
Send in Maverick
Taiwan says it deployed fighter jets to warn off 30 warplanes sent by China into its air defence zone.
The incident on Monday marked the biggest incursion since January.
It came days after US President Joe Biden warned China against invading Taiwan, and on the same day as a US official visited the island to discuss security with leaders.
China has ratcheted up the frequency of its air missions in recent months, claiming they are training drills.
Mmmmmmmm training drills?
If the company achieves what they say they are doing, we have only one difficult month before the big turnaround.
Major European stocks stood mostly flat during Tuesday's premarket trading following the news that the European Union agreed to introduce an embargo on the imports of Russian oil by the end of this year.
Later today, investors will also be looking at the latest Eurozone inflation figures and German unemployment data.
The FTSE 100 traded flat at 7:30 am CET, while the DAX lost 0.17% and the CAC 40 fell by 0.11%.
The euro declined 0.25% against the dollar to sell for 1.07521 three minutes later, while the pound decreased 0.28% to $1.26176.
Baha Breaking News (BBN) / ND
Etetette
Based on what
Cey is starting to look like very good value . Topping up as much as I can right now while it stays below 85.
Trickling back towards 80p I think we'll see that tomorrow
You're full of it
Got to be safer than my russian ones lol
Knee deep here too!
Bol
Well ive just bought a small amount seems 82p might be the low , well lets hope so
Fully back in today after selling at 87…..onwards and upwards from here
CEO of Superdry Julian Dunkerton bought 805,172 shares of Friday at £1.42
The purchase works out at £1,143,343.
Now this to me is a ceo pledging his allegiance to the life of the company, the share holders and to everyone who works directly and indirectly for Superdry.
Of course Mr? Dunkerton was a joint founder of the company now a ceo rented in to sort out the business. Still and all you don’t have to own the shares in order to see the massive difference one CEO’s purchase makes in comparison to our own.
Ones a gesture and the other is a commitment.
Its not just production to improve they were delivering 300,000 metres of drill results in the second half.
Underground expansion study underway - completion H2 2022
· Doropo Project (Côte d'Ivoire) pre-feasibility study underway - completion H2 2022
The mineral resource and reserves were expected to rise after 2022 depletion over 2021 levels. They also were committed in managing costs over the year below $1450 per ounce on the AISC.