Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', 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.
Guaranteed you womt see results as stated by september
Should be a good September eh Snowking :-)
Lennon ,
Prem is a popular stock , but it does have its fans and moaners . It is unusual in that it is very liquid and when the shares move it rockets . Many have been disappointed over five years when the shares came down , but many in last year have done well .
We enter a very interesting two weeks , lithium price rocketing , and prem to release first results of its recent new drilling campaign . If the new step out zones are any where as good as previous step out drill results , then prem should have the biggest lithium in the ground if any company .
There net present value was calculated in 2018 at $127 m , but this could and will in my opinion be >$ 1billion in 9 months . Current market cap £44 m
This next two weeks should be very exciting
If you read the last 15 RNS and view the interviews on YouTube, you should get a rough idea of things, to start.
Not all have lost a lot. I have made a relatively nice profit so far. I haven’t sold but I’m showing over 100% profit so what you say isn’t entirely true..
PREM, not KOD, sorry!
Evening all, I’m currently looking for an early lithium play (I’m already in EMH & SAV), and, having a quick read, KOD seems to have a fair bit of potential to make some money at the current SP. Bit lazy of me, but would anyone mind giving me a brief summary of the pros and cons of this particular company?
Thanks in advance.
Why is it bad advice ? Have you not heard of averaging down ? Or why not sell and cut your losses and invest in other opportunities and recoup your losses. Beats moaning and being negative on a bulletin board
Poor advice imo newtra; all here have lost a lot, but which way is the next move likely? (Can't say when, mind.) Sell now you lock in the loss. Imo invest elsewhere only when fresh funds allow.
My hope is that PREM retain 100% of Zulu through to production but I'd want GR to step aside and have a professional team takeover... I should remind folks that the spodumene/lithium is only one part of the picture and I believe that the other minerals will be just as valuable.
Certainly concur on Snowking's valuation of 4p for Zulu's spodumene but I'm expecting the same again for the rest... 0.2 to 4p in less than a year... perhaps another 4p in 5 years time.
However, it is so, so important that GR focuses solely on Zulu and stops faffing about with other stuff.
RB cut your losses here and invest somewhere else that you believe is a good company and has a good ceo.
Sell high 2006 was the last time Prem saw 3p haha won’t a joke
Buy low sell high innit!
When is the DFS results to be released? September he said for first results….that won’t happen either
I’ve been invested with Prem for over 6 years now haven’t made a penny and can’t sell due to the poor and underrated share price! Can’t see Zulu being sold either George can’t tell the truth so sadly I’m locked into a share until I get back my inial investment
RB . You have your opinion and that's fine, however I am with snow on this one.
Been here for a long time and see 0.7 on cards very soon. Based on my understanding Zulu and interpretation of drilling results so far I predict the new drill core samples due will be very good. They will prove continuity of lithium in the step out zones. Very important as this will help clarify what most of us here believe! Zulu will become one of the biggest hard rock lithium deposits on earth (if not the biggest).
GLA DYOR
Very happy here:-)
The facts came from George himself so who cares what you all say here all false and lies
What you been smoking RB?
Rbbalboa ,
What a load of toss . Lithium price is linked to spodumene , it is pretty simple prem drill , finish dfs and as Acker says probably sell the company when it is worth a billion . Results coming will be good , we will make a fortune , those not in will not . Pretty simple
No we do not supply lithium. We plan to supply spodumene concentrates in the future. Unfortunately, "lithium" and "developer" seem to be used very loosely and have many interpretations (not made up by me).
This is false the share price will not be 4p, George has said prem is not a lithium developer and was made up not by him prem is a long way yet to be even becoming a developer
£1 billion with 25 billion shares would be 4 p
https://www.mining.com/lithium-price-rally-accelerates-in-september/
What is rubbish and what has George told you direct, please share you insight….
That’s rubbish talk George has told me this direct
Snowking what would that translate in terms of sp and when?