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.
Thanks RK, makes sense to get that out in short succession then.
Cheers Wazza
MassiveRay.... you say you’ve never stayed married to this share. Sadly I have. I’ve been seeking a divorce for a long time now, but sadly it’ll cost me to much. Therefore we are still living together but can’t stand the sight of each other.
Some look at Royalty deals as the easy option.
But look at the position Scott has allowed the company to get to: a $50m deal reflects c25% of MCap!
Appears Plan Z of 'crash the SP to encourage a bid' is in full swing.
Afraid I'm not with you on that one, Jerry. The company needs to keep hold of as much working capital as possible.
No because the PFS is imminent
Can directors buy again now this is released?
That's a great idea Jerry but all royalty deals are ring fenced to ENSA so a non starter.
Nice thought though.
Adikt. That's not like you. The whole board to a man showing concern.
And low and behold you manage to pluck a snippet of positive news, I might add, without a scrap of evidence to back it up.
Also not like you.
We needs more fun tweets too.
"Well the plan is working ! will deffo be in the 5's by COP"
The jury is out will it for the first time in its posting history get just one call right????? I doubt it.
At this price they should do a royalty sale and a share buyback.
Slight change in Going Concern statement:
end-Sep: "the Directors expect that future funding will likely be provided by equity investors, debt funding or via other strategic arrangements."
end-Dec: "the Directors expect that future funding will likely be provided by equity investors or via other strategic arrangements."
No surprise at change. And 'strategic' can include Royalty deals etc.
All in!
Contained within the p&l there's a reference to the release of $1.4m contingent liabilities as a result of it turning out to be lower than had been provided for. The liability was settled by a payment of $2.1m. I wonder if this has anything to do with DC's claim? In other words, have we settled with him?
Shipright. Do you seriously believe people believe he would email you a tiny retail share holder and tell you the company was heading for insolvency.
That's ridiculous enough to rank with adikt neighbour and ceo friends and copperpots mystery banker.
Not to mention that clown bbg, and his stories.
Talking of clowns, I see we're all queing up to top up on the drop.
Bloody laughable
so, we all knew they were going to need cash so surprises today tbh. getting to this level of cash left with current burn was always going to be received badly - so makes sense to get this out before releasing news that the co. hopes will be received well like the updates pfs.... so this should follow soon.
options for finance;
1. equity raise. not happening i'm imho.
2. sell banked shares as we know there has been interest. certainly not at these levels.
3. royalty deal. potentially, but risks ******* off a suitor just at the wrong time.
4. assets sale. porvenir? before we sell cascabel makes sense to flog this if there is any sniff of interest before as would help set a benchmark.
anyway, we're all at the sharp end of this now and management really do need to step up. c
Pleased karma has been served on you personally..
Lossages for you everywhere for trolling other boards...
😉
But we have never been in better shape. SP rocketing again. 30p by friday? 35?
Obviously you'll post the exact number of shares, ending in a unique number, before you buy, bbg? And then you'll miraculously sell them at a profit despite a consistent drop in the SP towards the next raise...
So early Q1 came and went and the can is kicked down the road again while the SP gets another boot in the cojones. So depressing to see. I just hope that these guys know what they are doing and not winging it.
I think you know everyone thinks you are a cowardly, faceless, anonymous troll just passing time each day tiny...
now jog along and don't concern yourself with me, unless you're infatuated with me which is understandable...😉
I'm going all in - will buy another £50k
This was on 24th October 23
We have had control for ~8 months and no one could have turned this around like we did.
The company was heading straight for insolvency a year ago.
If others have a better strategy they should take control and do whatever they like.
No one cares if someone is a long term or short term shareholder. Everyone is trying to make a return and some are going to be successful and others may not.
Bob
He's right about nobody turning the company round like he did
31640 top up.
Never though I'd be here again.
Time to produce solg