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.
No need for an outright sale and I cannot see that happening under any circumstance.
Yes upfront cash but AW won’t lose control of this asset imo.
June will be the big month when the Verkhuba options are finalised. I don't know if I want a JV instead of an outright sale as the sale would provide a load of cash.
It’s been coiling for a while and I expect them to let it go soon. The lack of liquidity driven by the fact there are no large sellers. They’ll need to push the bid up higher at some point.
Everything in East Star’s favour both micro and macro at present so I believe May will be a stonking month for the share price.
Bid playing catch up. 3:7p+ been on offer for a few days now. Try 3.9p you might get a few sellers.
Only a matter of time before the 3’s are a distant memory.
What hallmarks are those? Trading looks pretty thin today, just 17 so far on lse....
That said, the no of shares in tight hands here combined with low Mcap does mean that share availability is low, so any significant investor appetite could swiftly see a substatial rise. If not now, ceretainly when we hear FO results end June, I suspect.
Has all the hallmarks of a share about to go pop very soon.
This is poised to move looking at the RSP!!
The day before the Farm-Out Process for Verkhuba started Copper was at $4.09 a lb; it is at $4.62 today. That is an increase of 13%. Even with a low cost development of the Open Pit potential at Verkhuba the profit margins could be around 25%. Adding another 13% to the sales price should lead to an extra 8% after taxes and royalties.
These rough calculations show an increase in profitability of around 30% if these elevated prices were to hold... I expect that there will be more interest in the farm out process. You might be talking nonsense which others seem to concur with. They joys of free speech...
https://tradingeconomics.com/commodity/copper
Let's get to the finish line already - tell us about the short your imaginery broker is gunna open for you. Please, put us out of our misery.
Based on you previous prediction keep wildly swinging the bat
Lots of hype here - likely to fizzle out soon with share price falling below 3 p.
Really good they have a couple of irons in the fire plus whatever else Alex musters up over the coming weeks. Happy just to sit the nexr few weeks out no sweats, who knows maybe early, bite yur hand off deal.
GLA
It was a good presentation and having BHP on board is superb. They don't give $500k away without being dam sure what they'll get back and highly likely they will be JV partner.
IMO this has got to be one of the most exciting share on AIM for many reasons:-
Judge for yourselves
https://www.eaststarplc.com/media
A wonderful thing...
Bad day for EST - expecting a drop to 3 p by the end of this week.
Good to hear confirmation that partnering process will conclude b4 end Q2. Not long to go
' erring'
Not airing
Couldn't help myself
Very positive call and Alex once again sets himself apart, very professional and knowledgeable whilst also airing on the side of caution.
Future looks bright with EST.
The JV and BHP xplore discussions were very interesting
Great call. Alex expects Verkhuba deal to be finalised by June. Stated since JORC announced one new NDA signed with others currently being discussed before letting them in the data room. Sounds as tho they've got a prefered bidder and potentially have fleshed out the broader terms already given new players involved but still expects deal done within 2 months.
I meant from JAllis. He's obviously a world class expert.
Looking forward to presentation. We're up 160% now since JV announcement which considering BHP's $500k grant must make them front runners ?