Roundtable Discussion; The Future of Mineral Sands. Watch the 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.
OG gone. Just as well as translate would not work on his posts.
"Maybe he should RNS the 50% potential dividend.."
yes it was tongue in cheek.!
Maybe he should RNS the 50% potential dividend..
At this moment it's just the ramblings of a Aim CEO...meaningless to most investors.
BUT the day will come when they should have trusted a little more....hopefully.
OG may be referring to institutional investors (concrete jungle boys) or i may have interpreted that from gangster to English wrong
OG_ Sorry ! But what are you talking about ?
Term,
You did say wressle production wouldnt happen until the 2nd half of 2020, yet you feel obliged to tell us a placing is due and traders are watching. Isnt that just nonsense where traders will wait for over 6 months on a placing that may never come.
In the mean time UJO could well have sold WN, bought out both Wressle and Bisc and delivered a nice bonus to its shareholders.
Potential 50% dividend
Not just a game changer for ujo BUT for us investors too.
Different league
Tell what I did find unusual, the fact that DB said they were willing to commit 50% of proceedings to a future dividend for shareholders, that is potentially a lot of money and a big percentage thinking of future development requirements.
gkb47, correct response.
What traders trade on companies 6 months from now, that's IF wressle even goes into production in that time frame. They trade on the here and now. What serious company raises funds in advance for what might be, not knowing when it will be.
Don't think money will be an issue when we flip PEL 183.. Might even buy all of Wressle and Biscathorpe ;-)
Seriously balanced post Heid. I'm impressed and feel the same way to. Let them off off.. I'm sticking with my plan.. Gla Mix
TheBodazapher; hope you are correct, this stalling is worrying, need some progress
I spoke to David Bramhill over a beer at last night’s presentation and he stated categorically that the delay in EWT is purely down to getting the necessary permissions from OGA, H&S etc, and that the equipment and Rathlin are ready to go, volumetrics are next, GLA
Its all in the last RNS, we will raise money at a higher sp than .20 it's obvious you will require money to grow into a bigger company with a bigger MARKET CAP
1. did you see what happened on the last raise? Price went up. 2. Did you see the recent interview where DB said he would do it at a premium. There is always a need to raise and your on aim so you need to get over it.
From Term............
If Wressle is given the green light next month, production timeline is summer 2020. UJO still need to raise funds for their additional 12.5%, whereas EDR and EOG don’t, the market and traders are aware of this....
Thats an additional £1.04 million pounds need to be raised.
Nobody wants to talk about this.
good job you dont have a vendetta
How many shares has DB bought on the open market? Yep exactly!
UJO a typical trading share, full of hot air, constant “presentations” (leading to placings) and outrageous ramping.
This creates opportunity to trade the cycles.
Take ongoing Biscathorpe ramps as an example. IF (yes if) Egdon decide to side track, then full consent is required including planning permission! How many years is that away from providing value?
If Wressle is given the green light next month, production timeline is summer 2020. UJO still need to raise funds for their additional 12.5%, whereas EDR and EOG don’t, the market and traders are aware of this....
re DB
I'd be buying billions of shares if I was him then. Hang on a minute.....
More sells than buys today. Must have not had an invite to the inner circle meeting last night. Either that or they were expecting a trillion dollar well!
MRPlumper.
Sorry I do not make recommendations
re investing but I will be watching Darren on Facebook and my other contacts in the north to see what is happening at the site.
Please, nobody defend last night's presentation. That is some seriously impressive stuff.
2020 is going to be a fabulous year for shareholders.
let Chris take his money and move on. It's what he does, a trader. The rest of us have a great opportunity to do very well here as everything unfolds.
David Bramhill must be very excited for the future here.
I think of AIM as a bit of a gamble these days some you win some you lose
One of the biggest factors is directors taking risk along side the shareholders
Your thoughts on this Pboo
I think we may earn a few bob out of this one
Agree Euro.. Insidious good post. We are comfortable with the presentation.
We will get a bucket load of deramping in the next week. Like it or now Chris Oil will be back for Wressle probably end of next week. Rinse and repeat. Deramping gives a nice entry point and flipping the shares on wressle news, the project he discribed as a disease. So ignore the negatives it's all part of the Aim game. People make money in different ways but the goal is to make money right.
Also see my posts on placing below. It will be supported as it brings us closer to an end game if the revised program requires funding but DB doesn't know that yet.. We need to see the revised program. Hang tight mix
Insidious don’t apologise!
Agree Mix and Uggy!
As for the other derampers they may not like us but they all want to be us! Jealousy shows in a number of forms - Bless them!
GLA investors
Uggy100
What's up???
Dont you like facts
There is.
No new information in yesterdays presentation.