Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video 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.
Every cloud
Good post Fort. Recommended
With 2x of my original position. Onwards and upwards from here
Paddy, it wasn't that long ago that a leading politician got shot dead for standing up to gangs. In the polls... safety and crime etc was the hghest point on all voters lists. Noboa vowed to get on top of it. One wonders whether Correa is behind the recent gang land disagreements as it helps his cause heading into next elections in 13 months time or via his proxy candidate.
I think shooting a politician is shocking. Gang men breaking into live TV stations also shocking but why do it? Either they are thick ... or they deliberately wanted to get maxmium PR... eg.. makes life more difficult for Noboa.
...aaaand Eloro has shown his true colours and goes to the bin!
Good grief, Eloro! Yes, it is a difficult situation, but you appear to be doing a very good Corporal Jones impersonation. Get a grip!
Solg messed about, playing corporate greed games instead of selling the asset. Now the jurisdiction is falling apart. All that remains is for the gangs to take over, then confiscate cascabel, never mind nationalisation. Solg, never fail to disappoint. I can see Scott The Rocks Caldwell hightailing it back to Canada given the unrest.
Thought Ecuador was one of the safer investment jurisdictions in S America ? We’ve had it !
Copperpot. Yesterday's events in ecuador once again show your sarcastic attempt at humour, underscore your complete lack of understanding of exploration shares in an unstable country.
Not only that, but you clearly find it easier to post sarcasm than learn from your ignorance of current affairs.
And quady, do you still think it's nothing to worry about. Or do you still think it's tourists letting off steam.
Or can you both accept that when I posted about the gang problem many many months ago, and said there where still many hurdles ahead.
I maybe had a point.
And you both would of been better of not trying to be clever
We now have Marshal law announced in Ecuador after the tv studio situation and even a Hamas style attack on a university campus…
https://twitter.com/All_Source_News/status/1744819615346135234
I wasn’t expecting this this week…
Byronbaygold.
Interesting view you have that the minimum you would accept is £1.20 a share.
Aquinaga, having noted that you and bbg seem to have formed some sort of alliance, backing up each other. I'm wondering what your view is on his £1.20 aspirations.
Oh dear skint not allowed in their group chat?
They see through this idiot no doubt.
"When you make money I make more" lmao
Foot on ?????
😉
The chaos on Ecuador TV right now is not doing the countries stability reputation any good….
Oh dear indeed, I guess when we all invested we didnt take this into consideration and if it escalates then this country will soon become uninvestable to the big nationals. Here's hoping Noboa and co can stamp on this terrorism pronto otherwise the current 8p will soon be a mere distant memory
https://www.bbc.co.uk/news/world-latin-america-67930452
There's 'valuation' and then there's an entire provence country entry for a major with 50 years+ mileage in it or more. So at end of the day, valuation always a a good benchmark but guess we'll find out what the real value is when you see the first and the final winning bid.
If the Chinese think they can bang in a 56p offer and BHP et al will just say.. yeah... all yours. Then I think some will be surprised. BHP may well have moved on and no longer interested in SOLG.. or they could be gagging for it and just waiting for the starter gun.
One thing I am sure of is that Tier1 mines don't go for less than market benchmark rates with country risk factors thrown in etc etc. So with SOLG... the upside is all about how much someone wants the lot. How badly do they want it. 56p could soon be 76p or 96p if a few come out of the shadows after opening bid is tabled/
Got to start somewhere. They key is to getting those on the sidelines ... off the sidelines and a bid war happening. No one will make a move until someone or all sees someone else looking like getting it for a song.
I think final winning price will be in the 70's or 80's if BHP and Chinese go slug to slug.
I've said 56p for years.
I think that's decidedly reasonable and am sticking with it.
Although 17p wouldn't be bad at the moment!
SharketMare, let's hope MRE4 even has more CuEq :-)
I’ll add my two-pence worth:
In my humble experience, small cap shares very rarely deliver the decent share price that medium to longer term investors hope for along the way.
In my own case (many other shares included), I’ve probably (currently) lost around 70% of my money. It’s just a guess of course. I’ve had big winners too.
I got into learning charting from 2012 onwards and had some good success.
But small-cap share investing must be seen as a bet - most surely as going into a betting shop. You can educate yourself through research into the company but you can’t know what’s coming down the line.
At the end of the day, in my opinion, the only real winners over the long term in such companies, are most often, the board of directors via their annual remuneration packages ( sizeable imv) !
Evening snowman, we are updating the MRE to produce MRE4, which I imagine will form the basis of PFS3.
Only looking at Alpala MRE3 you have 14 MT CuEq in the mineral resource.
1 ton = 2204 pounds of copper. Currently 3 billion shares outstanding.
Back of the envelope calculation gives about 8p for each cent paid per pound of copper in the ground. Historical M&A figures indicate 6c paid. So with current amount of share that would value Alpala at 48p per share. Throw in some of the regionals and this should go for 50+ p with current numbers of shares. Unfortunately there is a risk of further dilution.
“Six serious site visits...20 plus in the data room... “. If I’m walking past the estate agent, and I stop and glance at the pictures step inside for a minute for a closer look.. then quickly leave after not liking what I read… technically the agent can say they have had prospective buyers showing interest..
20+ in the data room , and not one has seen anything to make a bid? Maybe they've all left? I doubt there is even 5 in there.
You're not even a serious human though, Red.
"the buyer..."?
Do you think there will only be one...?
Newmont, BHP and Jiangxi not selling...
Six serious site visits...20 plus in the data room...
What are you expecting? A fire sale...?
PFS3 will be very revealing...if I were a serious buyer I might jump the gun...
I agree .. few years ago I assumed 50-60p was easily possible.
However today anything over 30p would see me happily sell up and exit this share.. but I have a horrible feeling we may not see 30p unless it’s sale of the whole lot.. and it would take competing bidders to get it over 40p.