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.
Interesting, so 18p at least should be seen on the back of this funding being secured!
I think that Stephen is referring to Giles Clarke, not Martin Eales.
I think that GC is a brilliant and ethical businessman, and his shares have given some very great investment results, e.g. KZG ten-bagging low to high in 2020-2021.
But you have to learn to 'read between the lines' and work out for yourself what is fully going on, good or bad.
In this case I think it's good, but the market clearly isn't convinced, which is why the s.p. is languishing at this level.
like all his company's difficult keep tabs on what is exactly his doing never get full story, jumps from one thing to another.
this was b4 they had an interested party who then come in with funding too get mine up running until this fell through, bit of a carry on up the mining really, but again im sure he wont want carry it on with another raise next year,
Ironveld plc, the owner of a High Purity Iron ("HPI"), vanadium and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa, is pleased to announce that as part of the strategic review of its mining assets announced on 2 July 2019, the Company has entered into confidentiality agreements with several parties interested in potentially making an offer to purchase all or part of the Company's assets. Ironveld is currently in the process of providing such parties with further information on the Company's assets and access to the Company's site, management and advisers.
The Company is encouraged by the level of interest it has received to date and looks forward to working with interested parties to further the strategic review.
Ironveld plc is pleased to announce that it has engaged positively with several parties interested in potentially making an offer to purchase all or part of the Company's assets. The parties with whom Ironveld has entered into confidentiality agreements have held discussions with management and conducted visits to the Company's site. Ironveld expects to advance these discussions in the coming weeks. sept 19
have martin earles ceo too get deal done that's the difference, as i say I'm convinced if deal can not be secured this year will sell assets off, that's why finncap were brought in too find buyer 4 assets few years ago, time is ticking down, why massive delay in whats happening is now getting touch worrying,
IRON did actually rise abut 9-fold in under a year in the early apart of this decade, from low to high (2p to about 18p).
It's fallen a long way since then, in line with the sector, but that is an indication of how undervalued it is.
By way of comparison, FAR floated in early 2019 at 70p, and by mid 2020 had fallen to barely a tenth of that level.
But it then multibagged virtually overnight earlier this year, on a funding deal of the type that IRON is arranging.
28th Mar 2019 7:00 am RNS Admission to Trading on the London Stock Exchange
"Ferro-Alloy Resources Limited, the Guernsey vanadium mining and mineral processing company with operations based in Southern Kazakhstan, is pleased to announce that its entire issued ordinary share capital will commence trading on the standard listing segment of the Official List of the Financial Conduct Authority and on the Main Market of the London Stock Exchange at 8.00 a.m. today under the ticker FAR.L and ISIN GG00BGDYDZ69 ("Admission"). The Company is dual listed on the Kazakhstan Stock Exchange (KASE).
As part of the Admission process, the Company has successfully raised £5.2 million (before expenses) from institutional shareholders through a Placing and Subscription of 7,507,761 new ordinary shares of no-par value (the "Ordinary Shares") at a placing price of 70p each, implying a market capitalisation of £219.1 million on Admission. Following Admission, the total number of Ordinary Shares in the Company in issue will be 312,978,848 each with equal voting rights. ..."
https://www.lse.co.uk/rns/FAR/admission-to-trading-on-the-london-stock-exchange-6kbvzzug25emqof.html
The key difference now, compared to a year or two ago, is that we have now entered the early stage of a battery metals bull market, that looks like it has a long way to run.
And in a very cyclical industry like mining, that is all the difference in the world.
So I don't think that management here can be blamed for the slow progress prior to this year.
This time though, there are no excuses.
They have to deliver, now, or I believe that there could be pressure for management changes.
I am trying to understand why this share doesn't make any progress when they supposedly sit on such an attractive asset. Why isn't their license revoked for the area from the Gov if they've made no progress for so long?