The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has 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.
I thought they were going to announce the license approval via RNS? Seems a bit dirty to find out the license is approved, buy shares, and then release an RNS to the open market.
Maybe the message is full steam ahead on Luansobe Open pit production. Outsource. All discussed previously by the management, podcasts, and presentations. Big $$$
Any thoughts on the sand fire payment up to £90m?
We are not in a closed period. https://uk.practicallaw.thomsonreuters.com/5-626-7359
Surely these share purchases mean no deals for a significant length of time otherwise they would be in a closed period?
I agree Chris. NW Zambia is well positioned but we have yet to sink a drill hole in it. Luansobe is the initial money maker and there are several ways to develop the license and three options within it. Shinganda as an IOCG would invite a large JV like ARCM, Kamativi - it’s all happening next door! And the Kalahari retained licenses offer a potential land package sale, and longer term the SFR Kalahari licenses could offer up that large bonus - there is a potential IOCG on one of the Sandfire licenses we have an interest in. I want to see a Luansobe deal of significance that wakes up the market to the rest of our portfolio. Looking good.
The incentive to realise value from the assets is clearly huge.
Looking forward to it.
Colin has 6.83% share holding
plus i believe 25.5m options
if he exercises these he'll have approaching 9% of the company
great incentive for him to screw the very best deal from a couple of asset sales - £100m or £200m over the next year or two and the maths is quite easy
They have mentioned JV’s, interested parties on site recently. It’s in the open. Teasing us! Next set of RNS will be interesting :-)
I mean open period lol. Long day!
I was thinking the same thing, obviously a closed period now so able to purchase. But he obviously knows what's coming in the future! Luansobe could be the catalyst, together with out extra £2.1 million end of April
Interesting message to the market. :-)
Flipper I'm not even thinking that the NW Zambia license is in the top 8 of our licenses. It might be one day but it is years off finding something. We have assets where the drilling as started and the news is already very good.
Love that Colin got his shares cheaper :))))
Thanks for posting the podcast link and to the guys for producing it. Good news that FQ are getting the drilling machinery into place in NW Zambia. Luansobe and the Kalahari are good but a find in NW Zambia is what we are dreaming of.
Interested parties for a sale, or interested parties to start production with or without a JV? I wonder.
All coming together folks. Looking forward to the Charles GLR interview as well this week if all goes to plan. Time for the CB chess move that gives us a quantum leap in value. He knows how to make a deal when he has Aces. And he has several imo.
As usual Colin talks well but as opaque as ever on Afp starting production in Namibia.
Some good words on glr though as iky says starting at roughly 33mins.
Https://twitter.com/RoastPR/status/1782731974949437814?t=-zBqbBcb9HEnWWODz8rO5Q&s=19
Very briefly touch glr/luansobe at 33min in. I quote martyn " as we speak we have interested parties at site, just awaiting official paperwork ".
Gla
The trades at 1.21p+ are buys not sellls......
Afp interview out with Birdie on Sunday Roast YouTube.
Yes similar DC - almost a ‘moving along swiftly we’ve said enough’ type situation. Any negotiations will now have greater clarity for all parties.
1h08 ... found it!
Do you have the approx time stamp for when GLR is discussed within the recent Sunday Roast podcast please?
cheers
4.6% spread. Will the MMs finally let this go tomorrow and keep it there. The 10% and even 15% have been putting the brakes on this but we've still ploughed forward today despite that