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.
Tarqinpike, correct, you know everything placees know, unfortunately no silver bullet, but with a market cap of £2m now kzg is valued at shell value, so from here it’s worth a punt imho.
If these investors have been told a "good story" , that would of course be insider trading if the rest of us had`nt also been given the glad tidings! Not that the FCA would bother anyway, they never do.
TP
Car3Y, your message was very very prescient. I will follow you more closely.
This placing is extremely good news. The sensible thing at this point would have been to let the company fold. However, some people were convinced of sufficient possibilities to throw more money at it. These investors must have been told an exceptionally good story.
I would suspect (without any evidence) that a sale is very much on the cards. There is simply no other reason to further invest in a non producing mine which is, to all intents and purposes, bust.
Did`nt need to be a genius to see this one coming!
How far does 400k go running a mine? not very I suspect.
No news on pipeline is deafening .
As always here we seem to be told less than the bare minimum.
A long way back from here for us poor suckers.
Maybe we should hire Ben Stokes to give us a bit of wallop.
TP
SAD JOKE, but nothing less than expected this placing...it was in the air,and took a while with the newly appointed joint broker,....actually they did better than I though of 0.5p......well done....
Will still not add any to my punt here and just lock it for the duration with only little hope to ever get my orginal stake back ...GLA whatever.
Yes this has been a true disaster of a share its even starting to make KDNC look good.
I think GC and his crew are crooks - anyway what happened to the Tantalum shippments, are they just pocketing the money from these ?
What a truly horrific share to be heavily invested in at least SP-wise. Gonna be a couple of years until it 'ten bags' from here (which is what i'll need it to do) - all most of us can do now is sit and wait and hope, while pondering whether to average down... yet again.
They have the stuff in the ground, they have the mine. They just need someone to fancy the JORC results enough to come in and fund the water pipeline via either a JV or exclusive offtake agreement. But whatever happens, 0.6 is rubbish - they previously did a raise at 6p and everyone was p'ed off about that at the time!
GLA.
He wasn't excited this time though
OMG, Larry must say "you know " over a 100 times in that short interview.
Well let me tell you something Mr Larry f***ing Johnson ..............WE DONT KNOW .............because you dont tell us nothing
you treat us PI's with pure contempt , you have no respect for us that have put our hard earned into a CO that you are running (into the ground at the mo), ...................the share price has fallen off a cliff since you were brought in , yet you still have the gall to tell us to be patient
Once the placing is out of the way, (imminent) are the whispers, this motors up quickly, kzg mcap is atm valued akin to a shell company, spivvy GC and cronies have got there wallets out I’m hearing, and having witnessed some iffy trading by those types in the Kenv days, they know when to buy and sell, with rumours of news as soon as 7:00am today, 20% discount my guess, all imho of course.
I always thought Larry would be okay as he came across as so boring so he must be on the job...?
Apparently I was wrong..
Have faith. Tant is in a downturn right now but there’s no alternative currently. LJ virtually lives at the mine. He didn’t need to leave Kemet where he built the production line from 2 plants in the US alone to 35 in 15 countries.
DYOR
is this the start of the next round of pr by LJ to get a placing away
cheers Animal
My god LJ sounds like a broken record zzzzzzzzzzzzzzz
Thanks for the post Animal.
Interesting that he`s happy to do a podcast but can`t be bothered to rns shareholders. Says a lot.
TP
Looking to complete Phase 1 by year end. Phase 2 potential drill partners ‘boots on the ground’ visits. Vast property. Drilling 1500m up strike potentially.
Preceded by usual about tant supply chains and strategic importance. Not much about whether mine is operational and no assurance on cash.
Larry Johnson podcast from today:
https://audioboom.com/posts/7348686-miningmaven-podcast-125-with-larry-johnson-ceo-of-kazera-global-kzg