The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
Thank you Bamps
There is going to be a lot of interest in Lithium over the next year .
There’s still a lot to find out about Ernest Giles but the last piece of news about the banded iron formation sweeping right around the northern section was quite outstanding.
Lithium and potash all around EG is another and zinc to the NW.
I asked a question on Aim on air last June
“Okay thank you, Bamps is asking has the potential supergiant zinc find north west of Ernest Giles enhanced your opinion of this license and how are we going with the plans there?
- Look, Ernest Giles doesn't need a lot to make it better. But yes, exploration success in that postcode is always welcome and nice to observe and understand if there's structures from that that we can learn from. And again, I have great confidence that exploration team to try to decipher that and understand what opportunities that creates for us.”
Supergiant!
Super exciting 🤣
Panorama is probably are best licence for lithium but as yet there’s been nothing announced by Ggp. This is historically driven looking for gold and cobalt then finding nickel.
You can see here what neighbours have found but there is lots of pegmatite all around and outcropping at Panorama.
https://www.ggpchat.co.uk/viewtopic.php?t=428
https://www.ggpchat.co.uk/viewtopic.php?t=239
Bromus is also in a lithium area and so is Ernest Giles. I’ve done a big thread on that last one on Ggpchat.
Thanks for the updates Bamps.
Do we have any Lithium targets ? .
Hi Bamps. We are in for a very busy and exciting period. ATB Speedy
Hi Aimingtoplease. The manipulation in the PMs space has been going on for decades and has cost investors and miners $billions. The banks have not yet lost control but are finding it harder and more expensive to try. Physical buying will eventually over run the paper market and there is some evidence of this taking place. To put a time frame on it is the hard one, but rest assured we are nearer to the end than the start. Next week, next month or next year, your guess is as good as mine, but it will happen and if you are on the wrong side of the trade you will be wiped out. ATB Speedy
The forthcoming drilling season may include:-
Paterson South- results from the heritage survey may allow drilling on Skylar, Wilki Lake and Basel
Scallywag- the results of the MT survey has highlighted the potential for a deep drill near Kraken ( the IP drilling years ago identified a huge magnetic body deeper down, the drilling of Kraken targeted the shallow gravity/magnetic convergence)
There are 2 other areas that await the drill rig Canning and Pascalle not sure if these will be in this current year.
Ernest Giles:- an RC drill campaign has been planned for the current season.
Basel has 3 known targets close to the Juri jv border.
Wilki Lake according to Callum in one of his interviews could be the source of Telfer ( that would be deep down though, too deep to drill but it could have pushed some magma upwards as the structure map indicates a circular anomaly).
Skylar has been drilled in around 2014 but the firm were only looking for potash so only did shallow holes. There are large salt flats in this area.
A lot of other activity including heritage surveys, geophysics and other surveys are continuing on a lot of the licences held.
The Scallywag MT detail is what I’m looking forward to.
The 24th May image is showing little change to the evaporation ponds. The bottom right one has now turned white, this is salts left behind by the evaporation process, the other 2 still look a pale green colour.
The Telfer pond is still the same no visual signs of activity . The ring of rectangular holes to the SE and NE were a dark colour indicating they were full of liquid, well these are turning white obviously drying up.
I can’t see any evidence of stockpiling from the underground mine but it might be too small amounts to pick up off this image.
Lake Dora has nearly all turned white.
Rainy season behind us, drilling season can start.
Speedymeadie is this something you see in the short term happening or over the next decade
OK so I predicted United to win. And they did some just know ie they see not look see. Bye bye
Hi All. A very interesting week in the PMs space. Many "experts" are quoting "the banks have lost control of the paper market" i see no evidence of this. Chinese citizens are paying a high premium for their physical gold but the paper market was still hit for approx$100/oz. This price suppression is creating massive profits for the SGE and draining gold from west to east. I can assure you that when the banks eventually do lose control you will see the POG go parabolic, add to that the western institutions getting in on the gold bull and all bets on the POG are off. When this happens in see many bullion banks going under and this will cause contagion and big issues in the banking system.
Use this false dip to load up. ATB Speedy
You should have said - that’s good enough for me buddy!! Have a great Bank Holiday!!
I thought you were a Sheffield lad Tymers !
United to beat the 115 FC, you heard it here first . 3.1
Just a glitch - you will have your 8p Tuesday - not long after 07:30 😎
My video podcast I just dropped where I share my charting ideas on how #GGP is moving , cheers https://x.com/SwazersC/status/1794323824592495039
'Many a true word spoken in jest ' bamps
Ben. not sure about it being that far away, in France from 1st for 10 days.
It's coming the brokers note explained it well, just need to overcome the risks, and we are a mining ⛏️ company,the ASX and let the rocket 🚀 take off.
Have a great weekend.
Bamps, and yet what do they get for criticism? I am personally grateful for your mining and geology imput as whist I know my way around financial issues the geological side is something that I bow down to people’s superior knowledge. We are all in this to make money I believe and anything that makes us more aware of what we are invested in can only be a good thing.
That ramp was for all my favourite critics 🤣🤣🤣
All the items that could propel the sp are all starting to line up, but there’s one difference now to before Newmont joined in, they’re all getting squashed together.
We’ve had a bit of up and down and up again phase which caused a bit of a stir.
Just think what’s going to happen when the serious news drops on the table , one after the other 🤣🤣🤣
From the graphics 3D you can see the bump in the basement structure that the Decline will be heading for to get through the aquifer quickly.
https://inventum3d.com/c/greatlandgold/havieron
You need to pause the preview, click on the menu top left, then untick everything.
Tick geology 3D then base of Permian.
Then tick underground mine model.
You can then go back to the screen and move it around and see where the Decline goes into the basement and the bump the new route is heading for.
They may have to drill more bore holes on that route before it can start again.
Enjoy playing with that 3D 🚀🚀🚀🤣
Lots of chat here 400 since last post ( approx 80 per day )
Hindsight the right thing to sell Mondays smallish spike at 7.8p Thursday closed 7.26p Friday a little better 7.33p.
6% lower.
Good morning All
I’m going for Friday 21st of June:))
A lot of pointers to this and seems very appropriate 2.30pm Rns to co inside with the American market!
Get ready!🚀🚀🚀🚀🚀🚀