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.
Experiencing Constant Ups and Downs
Have you bought in?
Have taken some now on a punt
drilling results coming in soon? or any other news on funding etc
GLA
And we have just dropped 5% because of an English seller so - skittish trading atm
I have said I don't know.
Loads of ASX miners have been hit lately.
Plus there are still loads of penny profit traders around that cause this zig zag.
Plus its illiquid - it swings 10% every day.
If your nervous, buy something else - or don't buy anything!
Jimzi,
Who is this persistent seller, surely not a major holder, cant believe this seller cannot be absorbed. Trading higher in uk than aus.
Aus love their mining stocks but hate this one.
Up and down like a doxy's drawers
While managing comms and helping sp is part of the job, its not his fault there has been a persistent seller below TR since April.
His main job is to make the asset as attractive as he can - and he seems to be doing just fine. Its a potential mine - the data will do the leading.
Agree quite frankly, very unimpressed with the CEO here. not a leader
Clearly board need to step down, this is poor performance.
I’m afraid he hasn’t told me but looking at reducing volume and buys near sells (1.92 we’re buys) it looks it. But check out Sponges excellent analysis that covers the outstanding aspects in relation to size, licensing and stability
Has this aussie seller stopped?
That is the problem. There has been an Aussie seller ( below TR level) whose constantly sold since April but no buyers thereby causing a disproportionate drop- many are waiting for a definitive reversal. I’m calling the bottom here, that’s my gut feel but no one knows till it is ! Fundamentals are mega so I’m happy with my purchases- 0.3 p is neither here nor there. Drilling updates very soon. It can easily bag/ 2 bags up, it won’t de bag in the same ratio lol. And markets are beginning to show signs
That is the problem. There has been an Aussie seller ( below TR level) whose constantly sold since April but no buyers thereby causing a disproportionate drop- many are waiting for a definitive reversal. I’m calling the bottom here, that’s my gut feel but no one knows till it is ! Fundamentals are mega so I’m happy with my purchases- 0.3 p is neither here nor there. Drilling updates very soon. It can easily bag/ 2 bags up, it won’t de bag in the same ratio lol. And markets are beginning to show signs
Dec 2022 they had (A)$6m, the problem it seems is there is no liquidity in UK.
May go under 1.5p this..
Jimzi
Why has it fallen so low, is funding required by year end?
Why haven’t you bought? Investment case is clear. Your answer maybe the answer.
Something doesnt feel right for me here whats going on?
Well it is up 15% on the ASX today,yet not reflected on LSE , yet. I also noted that Octava (with whom Future has a JV) is down 23% .
Australian and Canadian -listed companies tend to go to production.
Where UK listed companies tend to sell assets.
This stock primary listing is austraila, uk is secondary.
They are going to have to find some form of funding partner soon - as cash runs out at the end of the year and in this market, thats bad.
I am shocked at the level of value / price disconnect but there is zero liquidity to support
Do future metals plan to sell this with proved minerals in the ground? Or to take it to production and mine it them selves?
WTF is wrong with Aussie investors - down 12% overnight.
I think more positive news on the way hence some nice big buys rolling in.