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.
Https://www.youtube.com/watch?v=m9k4GKHRUnc
These guys only interview serious quality companies there block list is huge.
Hmmmmmm, wonder why everyone wants a piece of mineral sands now?????
i called it 2 months ago from USA senate discussion........remember
Ando
Spot on.. you check out the calibre of previous companies and it’s a whos who of 00’s million and billion pound market caps.. might be something special here
Nice interview that. Thanks Paul for posting it
If everything goes well, producing Q1 2025, that's longer than I thought. Also got the impression he's trying to prepare market for possibility not meeting mid May deadline. I'm not concerned about that, almost expected it, always thought it would be tight.
Sorry meant Q1 2026
Brilliant interview. I really like how Greg comes across, no BS, straight talking, get stuff done kind of guy.
Hopeful of deal done before 15th of May.
Onwards and upwards
Sounds very much like it will be Sheffield to me - why would LB take it to the wire if they completed their DD months ago!
You expect delays with CMET.
Fat fingers chose the sell not buy :-( apologies
A confident looking Greg, and why not? Lots of upside, great profit margin, they want in. We just have to be patient with first production first quarter 2026. The figures will eventually translate into the share price, but in the meantime we just have to wait. Low risk high reward share.
Deal is done
if the company value is , lets say between 160 & 230...so lets say 200 million of course, as it stands and clear margin on this project annually as it stands is 8.3m .
when we get other exploratory licences for increased area, another 37k2 km and can go to depths of 20m instead of 5 the math says that the companies minable land just increased in size by a factor of 8. so with the most pessimistic view ive ever taken then a cheap valuation is 400m, just double this single project value with potential to annually have a margin of 64m+............its a no brainer for a 350m T/O with a return on investment of a measly 5 years.
the company has no debt.
we shareholders should expect an offer on T/Oof about £1.25 and im conservative here.
Ando - dyor
Anyone on REDDIT lol
CMET is leaky and its coming from the CEO.....hahaha
Its been a pleasure going through this with you guys, its been kept pretty reasonable with no nastiness (im on other boards where its toxic)
i wish you all the very best for the future spending your wealth and in 12 months we should meet up for a beer, ......ok,ok i will get them in.
when the bairns ask were dad , grandad , mum , granny got his/her money just tell them you found it on a beach in a little country in the middle of the ocean.
great story and true. lol
Ando
I'd accept £2:50. The drilling will give a clearer view of the size of the resource. It's massive, I've always thought that this could go £1-1.5B.
Link us up Ando.
Let's see the contract first and spades in the ground before we start planning a meet up.
However, if this goes the way we are all hoping I am more than happy for beers with all here!
Me too but im sure iwill be off by then unless the dividend is decent.
at £1.25 i walk with £7M for my £130+ k input.......luckily i managed to average down a while back when i went F&%K it......lets gamble. lol
I get it Parker, feet the ground...........
very very worst case someone with deeper pockets will T/O and i get the feeling Shareholders wont accept less than 20p.........
Next 10/20 bagger is Orcadian Energy - ORCA
you tube that
dyor
In all honesty if I wasn't already invested that interview wouldn't convince me there are better opportunities elsewhere, svml for example currently undergoing DFS with Rio taking a 15% stake and the largest rutile deposit on the planet.
2026 is a long time off in SL, anything could happen all over again.
Still, hoping there will be a spike around the jv announcement.
Amazing interview for better context.
I love this point - drilling mostly averaging undertaken to 3m due to hitting the water table in places. We know in some areas the HMC is down to 14m. More exploration capable now due to more money available.
Why wouldn't there be a decent rerate to £80M? I've seen it happen before.
Svml is the most illiquid shard i’ve ever seen.
I compare this in a sense to when KOD got their 100m funding for 50% JV. It shot up fast from 30m.. went well over 100m at one point, and is still sat at 89m and it’s similar construction length etc.. maybe longer
16m market cap lads. there’s drillers with no possible funding on the horizon with higher caps than this
Working my way through interview slowly (and re listening again to bits!) so apologies only 6 mins or so in but does feel like he let slip LB group coming in then rewords to if they do.. all very exciting and will continue my listening!