focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
Amazing dilution there and why 0.02p? That's a massive discount and massive amount of confetti for a paltry amount of working capital.
Makes you laugh that the company also had to give just under 3% of the company as commission lol. Warrants at 0.025? The "directors" are a joke. Couldn't even be bothered to participate themselves.
ICL I hope so! Anything to spice this up a bit.
That’ll be 3oclock then ??
"I mean it's been boring the last few days"
Two price monitoring RNSs just appeared.
After 16:30, and no trade for hours.
Somebody tried to buy or sell a large chunk just before market close?
Theory: RNS coming out tomorrow (THURSDAY!).
I mean it's been boring the last few days so I'm glad to see some any form of movement either way but the MM's are making the most of that spread at 43%.
"You gotta be in it to win it. People who play in AIM market have one thing in common, we are all risk takers, which is why I love this stock."
What about the Placees? They bought at 0.15p, then sold at 0.15p, and kept the warrants.
So were they ""in it"?
The annoying thing was, why didn't they offer it to existing shareholders?
The perfect play would have been to hold on to the warrants, at zero carry cost, then bought in at 0.03p in June 2019.
If I bought at 0.03p, and sell now at 0.04p, that is up 30% already.
In terms of dreaming, I like to use real numbers:
Buy 50 million shares at 0.03p, that's £15k.
At 0.1p, £50k, ~3X
At 1p, £500k, ~33X <--- Jaguar i-Pace
At 10p, £5million, ~333X <--- Aston Martin
At £1, £50million, ~3,333X <--- Chauffeur
Ideally, I want a Charlize Theron like driver, who is also a body guard.
Thought I'd add my 2 pence worth as I have never really taken part in the chats; however, i've monitored for 2 years with enjoyment, love the honesty of the comments.
I can't really say too much as I work for an inv bank so need to be above board with my comments. As a personal inv I kinda have thrown the analysis book out the window and gone with my gut, bought a fair few million, bought a dream I think, it's bit like buying a lotto ticket with the hope the management know how to market and bring a good idea to market successfully. You gotta be in it to win it. People who play in AIM market have one thing in common, we are all risk takers, which is why I love this stock. Keep the dream alive people otherwise what's the point in dabbling.
Good work icL however, at the moment this share is as entertaining as watching paint dry!!
https://www.deepsouthresources.com/investors/news-releases/initial-metallurgical-test-work-recovers-up-to-91-cu-from-the-haib-copper-project-in-namibia/
At least we know Deep South is alive, so the share s are worth something.
Newsletter #6
July 2019
https://www.mcres.com.au/newsletters-and-factsheets
Hi ICL,
Always loving your alternative money posts
I will take option 2 pal pls, as at present feels like an Elepant stampede have used my rear as a dryed up watering hole
Hi Snowman,
Appreciate the reply and it seems you are another LTH.. Just getting boring with the same old BS RNS, as you said believe in the Tech however I just feel that the BOD are as useful as a chocolate teapot atm... As like Potter taking a big hit so they have got me by the short and hairy atm. So its a case of until end of the year or if drops quickly then dump the lot.
Tell you what if your faith turns out to be true and AXM gets above .50 and get money back and some then I owe you a night out on the p@@@ in london. No presssure just nice to get some fustration out LOL.. Anyway its the lottery night better odds : )
All the best
Phil
Have a look at Sterling, it's now GBP 1=USD1.21766.
If you have your assets stuck in the UK, how much have you lost?
Compared to what you lost on AXM?
Around here, a house is borderline £1million.
At 1:1.5, that's US$1.5million
At 1:1.2, that's US$1.2million
You have lost US$300k, compared to pre-BREXIT Referendum.
I put £10k in a Vanguard Global Balanced Fund in March 2019, which has 55.2% North America Allocation. It's gone up ~10%.
My losses in AXM pale in comparison to having EVERYTHING in Sterling denominated assets.
Multiple choice, which would you prefer?
1. Losing money on more than one property.
2. A rhino bu99ering.
3. What you lost on AXM.
You didn’t offend me Snowman, I invested in the first place and I can’t blame anyone for my decisions.
Whilst it’s not an ideal situation and the money lost may never be recouped I have my family (our little miracle Ava) so thats enough for me. It’s retirement year for me so a lot of my focus is on that.
If I offended anyone....I apologise.
I admire you for not apologising for your negativity.....and you're quite right....you don't need to.....it's your view. You are also right to say they could have/should have done better, they do need a rocket up their jacksy!
This is a high risk game........I'm hurting too........but I believe in AXM....I believe the technology works......I believe they will deliver......I believe it will be this year.......when I stop believing......I'm out.
I invested following the initial Accudo RNS and believed that this might come off back then.
Far too many false dawns have led to my negativity, I'm not sure you can criticise me for not selling as I’ve written the money off. I have just over £2000 remaining and it will go to my daughter (13 weeks old) if it gets it s*** in order otherwise her inheritance will be 4.5m shares worth nothing.
Hi Phil.
Not as long or not as heavy losses as some LTH.
2 Yrs and 7K down.
But still painful......it doesn't matter how much what matters is how much it hurts.
All I'm saying is, what is the point of investing in (or continuing to invest in) a company that you don't believe will make it.
There are plenty of companies out there to make a choice on.............it's a good idea to invest in one that you think will make it.
Right now, I think AXM will make it....and big!
If the day comes when I don't....I'll be out.... it's as simple as that.
As I said not criticising negative posts just saying if someone really doesn't believe a company is going to come good, then it's a good idea for them to be invested in one that they believe will.
Hi Snowman100,
As another long term holder with a lose of even more at present than Potter79 unfortunately, can I ask how long you have been in AXM and in as heavily involved as the other longterm holders ?
BR
Phil
Not querying your negativity as such....each to their own opinion.
But I know one thing for sure....if I felt that negatively about a company, I'd cut my losses, however big, and be out of it before you kiss a ducks ass and investing in a company I felt positively about. Doesn't make sense staying in if you feel like that......there are plenty of companies out there!
I’m less convinced, three years since I started to invest and lost close to £15000 and it’s produced next to nothing. Rosser is not the person to take this company forward - he needs to go.
Hyperleach - few weeks will turn to months, if they thought it would take weeks (and expecting positives to come from the trial) they surely wouldn’t be looking to raise now!?
Accudo - Wonder how long it will take them this time. Been strung along by this outfit for three years surely something should have come from it by now.
DSR - got two big projects and Teck as backers. What is there priority Namibia or Turkey.
Lithium - No major progress since June.
Multicom - whilst I understand it takes a long time to progress projects this is taking far too long. Again strung along.
I expect spears but will not apologise for the negativity as this company has under delivered whilst Rosser has been at the helm. If the tech worked, surely someone would be looking to buy the outfit whilst the mc is so low, it’s pocket change for one of the big corporations.
In my opinion there will be a very strong positive news flow this year starting with hyperleach test results within few weeks.
Hyperleach....'Analytical results from the initial proof of concept work are expected in the next few weeks. If successful, further developmental testwork will be proposed in partnership with the concentrate producer.'
Accudo......'The Chairman of Accudo, Dr Saliba Sassine, said it was in discussions and negotiations with asset owners or their advisors and is energetically pursuing its options to deploy the Leaching Technologies.'
DSR....'.and a royalty of 2.5 per cent. of gross saleable metal products produced from a potential mining operation at the Kapili Tepe polymetallic project in Turkey, if using Alexander's leaching technologies.
Lithium.....'Under the joint venture with Alexander's Principal Technological Consultant, Dr. Nicholas Welham, an acknowledged expert in lithium and hydrometallurgy, the Company has been investigating and discussing potential next steps to follow up on the interesting results announced for a potential new hard rock heap leaching process for the extraction of lithium from hard zinnwaldite rocks. '
Vanadium..........Multicom..........Julia Creek ............ progressing ........... Environmental Impact Assessment due soon....will favour AXM technology.
Very strong buy IMO........when any news drops SP will react instantly .......... I want to be in when that happens !
'DSR Revised Strategy''"microbially assisted heap leaching technology"'
......'Meaning not axm tech...'
They are talking about DSR's HAIB proect in Namibia, not the Kapili Tepe project. They are saying on their website presentation that the HAIB ores are ameniable to bacterial leaching. These are different to the ores in Turkey. Alexander were never in on the HAIB project. I don't think there is any change with our KT project in Turkey.
I think AXM remains strong buying opportunity at this price.
Hi Phil, bang on right there!
GOLDEN EGG, GOLDEN EGG, GOLDEN EGG!
Hi Nipknot,
Been off here for a while obviously they are still pumping BS RNS out, just feel sorry people still holding out for the golden egg to land. Gonna give this donkey share until end of year no improvement dumping all my shares, or if it starts to freefall before bin the LOT and call it a day. Not going make it 4 years waiting for this BS share to turn round. Chesh you still in it ?
Cheers
Phil