We would love to hear your thoughts about our site and services, please take our survey 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.
Myo.
Eye for details. Valuable. Tnx.
GK.
....or a fertiliser supplier.... :-)
I think we can safely say it won’t be DMC joining the party as the giveaway is the the sheeted up SBR. I think they too would want Poly as quickly as possible for whatever share they were negotiating and as such would be heading downwards as fast as possible. IMO it now looks like a wealth management company.
I totally agree. I would love the chance to take up new equity and keep my stake the same, rather than be diluted with a new shareholder.
I’m still of the opinion a rights issue ( maybe £150 million) solely to sink the shaft through the aquifer and remove the risk for good. Share price would rally and investors would show more interest. At the moment I can only see the sp veeeeeery slowly settling back until news is out. Keep money aside i.m.o because if it does slowly settle back it could be an extremely juicy buy soon!
Is the Galloway sink also deferred pending finance same as the SBR or is that going ahead in any case? Cheers
Myo
Thank's for alerting us to the new flyovers
There seem to be a fair number of cars at Lockwood Beck but I thought the site was locked down? Can you provide more insight please?
Verde
Hi GK
Thanks for the mention, sorry for the delay, accident while playing naked twister with the mother in law.
Careful with your percentage forecasts ;-)
Yes Myo, pure speculation of course. Look at the complexity of the previous finance deals. Who could gave forecast then?! You’d have to be Derek Acorah to accurately predict how the finance will be structured.
UTT
Yes. Tnx Myo. Care and maintenance for most at WS it appears, only one work vehecle on the move shifting some rebar.
Am I right in thinking Drive 1 is all paid up front as are the major non DMC contractors at WS? If so and with DMC not going into action until the ~$600m is raised then present running costs are pretty low I would think. Much time to get the best deal they can.
I reckon any sucessful raise of that figure, in almost all cases of dilutiveness or not will see a substantive lift for the benighted LTH. As presently 'death' is. what? 80% priced in.....................as the alternative.
Aub
As with trying to buy a guarantee to preclude the game of Twister with Grim (and getting to First Poly). Just cannot be done..............Bit of the b****din obvious there Aub ;-) Twas also the case with the previous two major raises, but raised it was. Harder now of course.
ATB.
GK.
Thanks Myo. Everything so clean and organised. Surely we must succeed?
For those not familiar with stella.........
https://www.youtube.com/watch?v=_9KNZBOVs3I
Thanks Myo, looking forward to seeing the sites busy again soon but as we know Stella is still driving on...
GLA Chem
And the band played on.....
so I thought I'd cheer myself up with a top-up,
Myo thank you so much for the Flyover tip off and links.
Given the start to the day with the "wobbly"SP and the suggestion from some that it was down to a leaky ship and bad news ahead???? I think it would have been in very bad taste to post them don't you think ?
In fact after putting them up on the map then bad news comes out, I might just have had to join KOH outside HQ with a placard or two lol
Regards
ffc
Thanks, Myo, for identifying the new (Nov 2019) flyover videos on its three construction sites.
Now, we can see clearly where the SBR is: partially assembled and stored, waiting for the funding to proceed with its installation in the service shaft.
Wow impressive.
Great viewing thanks myo
Out of interest would have liked to see the muck away pile.