Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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I do think the standard of discussion on this BB is sensible and measured and I thank everyone for their input / views.
Hopefully we’ll get that curry night sooner rather than later!
RD
Bain marie Nice, bain marie.
Fine posting today gentlemen imho. Thank you and here's very much HOPING.
Words of the day imho:
''My nick is a combo of 2 posters who for many years used to go to all the AGMs that Pricket & Humps presided over (albeit with PGD) and they endlessly ramped 100s of posts on various BBs which ended up misleading many on the pretence they had the 'ear' of the dynamic duo. They are of course nowhere to be seen these days. Probably too embarrassed to post given all the ramping ***** they used to spout. And how many have lost their shirts in the process.''
Urban racer is absolutely not in this category but there are plenty across these BB's who are..and, sadly, lots of people have lost lots of money here and widely elsewhere on the AIM cesspit, but nobody is making us play, and we get to pick whichever stocks we like most and can sell whenever. (AIM plays are gambling, and hardcore gambling at that, imho..)
My guess is another raise in Q1.. my hope is a sale of the co./asset(s) asap. (asap can be of course translate to 'in due course')
You could be right CP. Who knows for sure?
I guess I was going more by typical/historical LND cash burn.
As you know, they raised well over £3m in 3/18 but as you say that was down to cash reserves of 486k just over a year later.
UR - you should know by now not to take my comments too personally. They are often only tongue in cheek or through frustration after near 15 years invested here. Although I often post on here, I really don't take the BB seriously. More look in out of habit.
I get that Mads but surely you are not saying that I am in their league? I am simply upbeat about the situation and make that clear in my posts. I also understand your frustrations but I think you dived on me a little harshly there.
Never mind.
UR
Agree RD. Quoting from a RNS is never a ramp.
But maybe repeating it in 2 posts on same day might be (??). As if coming from 2 sources.
Maybe I'm a tad tetchy about these BBs.
My nick is a combo of 2 posters who for many years used to go to all the AGMs that Pricket & Humps presided over (albeit with PGD) and they endlessly ramped 100s of posts on various BBs which ended up misleading many on the pretence they had the 'ear' of the dynamic duo. They are of course nowhere to be seen these days. Probably too embarrassed to post given all the ramping ***** they used to spout. And how many have lost their shirts in the process.
Ramping not my intention. It was simply because P attributed the comments directly to BH and so why P was mentioned.
Not sure why I am explaining myself though here?
UR
Sorry Mads, think you’re splitting hairs a bit there.
I don’t see quoting from the RNS as being a ramp...
This could be 5p by tomorrow - now that’s a ramp!
RD
So, why not just say as stated by BH in the RNS today???????
Why mention Proactive??????
It was a repeat from your previous post too. Just didn't see the need for the ramp.
Mads,
Noted but I only posted what Bill had had to say rather than any comment ( bullish or otherwise) by P.
UR
Hi CP52
Given the level of recent activity I suspect the exploration costs and other expenditure wouldn't be too different from what it was for 6 month period the previous year ie £1.2 million. Doesn't leave much left in the kitty.
But I agree 100% that this RNS has been so constructed solely for others.
UR - pay no attention to Proactive. They have been issuing bullish articles on LND for near 15 years on a regular basis. Lost count on how many. Must be over 30.
Never known them to publish such a lengthy & detailed RNS.
I guess it offers further technical backup to what they have been maintaining previously.
Let's hope there's substantive meetings organised to discuss with interested parties when they are in Canada later on this week.
Current cash flow/working capital tank must be near empty.
Landore Resources' geological team completed an extensive exploration campaign during the summer of 2019 which included the establishment of a cut grid, ground geophysics, geology, drilling and soil sampling westwards along strike for approximately 7 kilometres from the existing BAM Gold Project successfully establishing the presence of widespread anomalous gold and indicating multiple gold trends.