The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
My shock and disbelief is about Navalny though disbelief isn't the right word for it. The fundraise here was entirely expected and we don't know the details of it yet. We're an AIM junior minor, expecting a rerate, anything could happen any day. A fool thinketh himself wise, a wise man knoweth himself to be a fool.
Why all the shock and disbelief since the RNS?
The cash call us entirely expected and it's happened exactly the same as it always has, at a derisory price, with advisors taking huge chunks of your money.
Hideous dilution and Sunak like promises of future value.
It is all nonsense!!!
They are insulting investors, even being crass enough to state the money is for exactly the same purposes as the last two cash calls.
It is simply to keep the board's gravy train on track.
I can't believe people are considering supporting this.
Talk about good money after bad.
Fools and their money are easily parted.
I’m not being defeatist but Ed and co have had plenty of time to work on this fundraise, to ensure that it is kept above our nominal value status. If we are looking at over a 50% further drip on the raise price of 2.06p, then that’s pretty disgusting management, in my opinion. We already having stomached the blow of the 2.06p fundraise, which was, as we know, a 40% discount to the then prevailing sp.
The last RNS, and use of a Primary Bid open to all platform again suggests that existing shareholders are being bulldozed to one side and into likely oblivion, if we can’t afford to, nor have the desire to continue to stump up our money in return for less and less shareholder value. Let’s face it, there has been promise of creation of value, but yet no or little attempt made to ensure that the cash calls are not totally crippling for the very people, you, me and everyone else who actually own this company.
Am I wrong? If so, why is that?
What has Ed actually done so far, to bring the rest of the business into the picture with the market, while we await the Kallak outcome with the Court?
Keep taking the wages and not performing well enough, then stuffing us at cash call time.
Nice!
You said it! 😂
I don't know what planet I'm on .
Oops sorry...Nature Conservation Agency.
PS National not Nation.
What's happened this last week....news that an extension has been asked for and given to The Nation Conservation Agency until 23 February. The Government had until 15 Feb to make their submission but they made it early. How do we know that the 15th wasn't the same for other actors in this Appeal? The fact of another extension seems to have triggered a panic sell off because these extensions have been never ending. And news of a fund raise which was expected...we just hoped it would be above 2p. The Decision so far as we know is still set for the first half of this year and the extension ends at the end of this week. Anything can happen.
Now 1.3p down 19% spread 17%
Another fund raise and rights announced Friday 16th February 2024 .
Cheaper again this year .
It's evolution and that's got a few difficulties in it...such as, fittest for what?
We'll need at least two bottles.
Nighty night. X
ps What is the social experiment?
Happy to share a new dawn with a bottle of Malbec…it might be the only way to welcome a sunrise? But we’re all going to have to find new hope…I used to have a faith…but I’m pretty sure that if there’s a god, he/she ought to be losing faith in humans…it’s time to call time on the social experiment…!
Four months...a new Dawn.
I can't help it Oak...I'm an incorrigible optimist. So far as the various submissions are concerned I think we'll see a tightening up otherwise Sweden will never get any new mines. But I am beginning to crack on World politics...what are we going to do, it's desperate.
Because 2 years ago we thought we had a concession after 9 years of waiting…extensions have been offered to anybody wanting to object to a mine…Suzy, I love your faith that in 4 months BEM will be sailing into a sunset…Ed has proposed a timeline of all the various submissions…each and every one will be subject to appeal…counter appeal and extensions…
…I will happily buy you a beautiful bottle of Malbec that BEM are no closer to pulling earth out of the ground…legally (?!?) in 2025 than they are today. We’ve not even come close to dealing with the tree huggers…
On your second post…I’m surprised he stayed alive this long. Putin is the Hitler of our time…bring in Trump and we’re looking at problems that will make BEM a trivial thought…happy days eh!
That news is truly shocking and terrible.
It's taken so long folks seem to have lost faith that the Court will ever decide this Appeal. We've done a third of the first half of 2024 already why lose faith?
there’s been a game since day one…however, investors are getting screwed time and again…let’s see whether there’s any uptake on the issue…my guess is that bem blew confidence away with last round which let’s be honest, wasn’t that long ago and claimed to cover the costs of getting us through the various reports that this one now claims to be for?!?
the only way anything changes is if the courts bounce the appeal and give a clear green light. let’s be honest, the only way that happens is if putin suggests that he’s coming after norway and sweden…i think the reindeer herders might just be told to get in their box…?
no…this is just more of the same, even iibj has moved on from this ****-show…
I'd rather have iron Wodman.
But Suz, billions of dollars of gold deposits are found at the bottom of the Mariana Trench it´s a gold mine! ;)
Maybe the game's afoot?
More than 4 to 1 buys to sells today....interesting how the price stayed constant through the buying
What does that mean?
Well...to boldly go anyway...artistic licence. Yugoslavia is an interesting sort place politically, Christopher Hitchens wrote about it in a book of essays, a bit incomprehensible to me. But surely the World has got to get better. Are you against mines Wodman, if you don't mind me saying.
Sad Suz! But, "To boldly go where no man has ever gone before." ;)