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.
Last investors presentation at about 27 minutes in,
SB says when the next lot of drill results are in .
Empire will be able to give, "Grade and tonnage "
Not in the first quarter, but certainly before the end of the second.
So my guess is sooner rather than later, a big announcement, media coverage and a lift in share price to reflect the news.
Probably followed by a necessary cash raise.
Enabling the laid out pathway for the rest of the year.
All going to plan.
The RNS on 27th March has :
o Completion of a Mining Option Study that will form the basis for a conceptual mine plan;
so looks like they'll do a proof of concept of the mine first.
But, yeah, why don't they try and processing it now, they already have samples dug up?
Before investing $20m in the demonstration plant I presume there are lab based experiments which will take place first in order to test that the intended process works in the lab so should certainly work in the demo plant.
Great, now all we need is sleepy joe, ransack rushi and bonkers Benjamin to get there head together foe the next 12 months so we can send up our own 🚀. Because the only thing stopping this, is that nonesense
Manlord / ONEdayRodders
The demonstration plant is of course the jewel in the crown and all being well it’ll blow the socks off.
With the lab results due back though and with the level of titanite % near surface being as high as everything they’ve found thus far (or perhaps higher) doesn’t this mean that the demonstration plant would of course have a much greater potential of working?
Based on ; https://www.ig.com/uk/news-and-trade-ideas/empire-metals-was-one-of-the-best-aim-stocks-of-2023--more-to-co-240307
“ To move things along quickly, Empire Metals has been drilling and collecting samples. They put together a team of experts and are now designing a demonstration plant to further develop the project. With the massive scale, high-grade titanium, and easy extraction process, the company is confident that this project will be successful”
The work we’re doing now is to ensure we plonk this plant in the best possible location with the highest grade, is it not?
I topped up last time drill results, and last RNS, even tho I suggested it dropping down, I bought at 9.7p, as I was a tad influenced by a lot of harrasement, abuse and fighting my position I questioned myself. I listened to certain people who I deemed smart, and they are, but there a tad uncompromising when it comes to a suggestion not of there own, but it matters little. I added to my volume of shares and as I said I'll hold them throughout the whole venture
Yeah - like I said I learnt the hard way... and no one (especially me) knows where it will go. I'm just going with what I think and hope for the best. Even if it jumped to 10p now I'd buy in thinking in the long run it's cheap.
I really pay no attention to charts on these AIM listed stocks, rns and news driven are what counts here, progress. You can speak fibonachi to me all day here, it won't resonate. I have seen a couple here recently, non have panned out as they suggested.
I'd never suggest to people to buy now, wait till this or that etc, you do what you do, invest/trade etc but I don't want to see it lower, and it should not do.
But realty is, I don't know.
I'm only waiting to buy in my ISA, I'd sold in my trading account and moved the money to my ISA. I've learnt the hard way not to try trading. Once I buy I'll be holding those for a lot higher than even 30p.
This is my heaviest invested stock by far. My current average in my trading account is 2.113p and the current holding in my ISA are at 2.06p. Both not touched since 2021. My plan is to hold and see how it goes after the plant.
Looking at the charts (for what they are worth) all the time frames are turning bearish, that's why I say around 6.5p
Joe your trading mate, we're not in it for the same thing if I'm honest. You want it low, and will sell if it goes above 10. Each to there own, I hope it sits here and you can't do either really. Soz mate, it's your choice but it's not what I'm doing, I'll be here next year sitting on same sp
Dusty Yeah I was going to buy around here but after watching it over the last week....it's just a feeling.....
And scarlet if people keep hyping up big prices before drilling, and it doesn't hit these silly 15 or 12p or whatever, it tends to do that, and we seen it last time.
I don't believe it will now, but let's keep it sensible.
June is the time to be waiting for
Scarlet what's your prediction?
I quite like it here, buy I'd like it consolidate around 8 to 10p to stave away the traders, I see no reason why more drilling results confirming titanium presence of any grade would see it make 12p, as lovely as that would be.
I'd have to agree with Manlord, I'd prefer no rns, a more well rounded complete one that gives us knowledge of its value.
It didn't help it last time, more people's high expectations left people confused why no huge jump and people sold out, bit like ghenghis
Joetrader your a comedian - u should be doing standup . Your deramping amuses me re 6's
Dusty I'm thinking 6's by Monday. Especially with the sells still high and risk needing to be mitigated.
Though I'm hoping it goes higher than 10p. At the very least 16p, here's hoping.
Your probably too old and slow to read them anyway haha jokes
A sea of green box,s for me.......
We may not get, but the man speaks sense!! That I've never doubted
Morning ODR, Rooters,
I have to say I’m in agreement with your views.
Whilst high grade titanium is great news, it’s only value adding when the Titanite is commercially viable. We still don’t know this officially and until we do any news of this sort will be muted (as we’ve seen previously).
The market has one question & we all know what that is.
I’d prefer we held results (not sure that’s compliant) until we had all the facts & data to supplement a high grade titanium RNS. The MRE will be the key to everything as that’s where an RNS should mention words such as millions & billions - hopefully referring to tonnage & monetary values.
There is far more going on that just drilling analysis & the new Empire starters are busy in each department so when it all links up & they align their work we will certainly be kept entertained with newsflow.
ML
DD results very soon, followed by RC results, followed by a maiden resource estimate in June! Lots about to happen :-)
As the next step in a definitive mineral resource development process, formal Exploration Target estimates for two distinct, near-surface, bedded sandstone-hosted zones of high-grade titanium mineralization (the subject of the current Diamond Core and Reverse Circulation drilling programmes announced 29 February 2024), are expected once these programmes are completed in June.
In the Titanium project update on the 18th March they mention that the RC drilling would be as well as testing known areas but also new targets, just maybe those new targets will discover something else like copper, if it does then that will certainly set the sp alight
I suggested as much prior to the last results, we would head more towards 6p region than the bat brain AIM shouts of 15p next week stuff, some of your posts kind of agreed that sentiment, I got crucified for it, even tho it happened. But I don't see more titanium results doing much for sp unless it makes market excitementin the industry if its exceptional results, maybe a consolidation around 8 to 10p but June as you said is what my eye is towards. I'm trying to stay grounded with this, it's a long hold so no point in setting expectations high at this avenue
My guess is we should start to get a trickle of RNS maybe weekly from next week or the week after onwards.
Not sure further high grade drilling results will have any significant lasting SP impact. I think the market reaction to the last few has been flat and attention has turned towards evidence of commercialisation. ie can they monetise this or not.
More high grade Titanium will not answer that question, although I will be happy to see it continue of course.
Personally I'm looking forward to the resource estimate due by end of June.
Despite the demonstration plant being the absolute derisking event first half next year, when the resource estimate talks about X times tonnage x $$$$ per KG etc. it will will wake up the risk / reward investors who will actually have some compelling commerical resource value estimates that will be impossible for many to ignore.
Just IMHO
ODR
I would think so, DD results first as samples have been at the Lab for over a month now 1st and 2nd holes definitely. Two RNS's for DD results. RC results released in batches as there will be a tonne of them starting w/c commencing May 6th? All imop of course