The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Cap of 14 mill...
Good resource upgrade, needs the jorc and finance, which will take time
Snuck in early. See where this goes
NPV of 1.55 billion? Crazy!
Anyone with update or info.
New gaffer will this help you decide
1 buy and up 5%
about to fly?
could be a buy
there has been a lot of small and pointless sells been going through, rather odd
What are we waiting for? is it the license to mine?
How long before this is in single figures?
More crap from this company I don't why I look tobe honest just hoping they do some better than they are doing now lol
after the share is issued, more than 99% of shares is held by the ii who invested 40m for 143 m shares. The only way there would be volatility is they sell the shares into the market.
did i not say its dropped back wait for the shares to be issued then watch the volatility
It flew alright.Just like a penguin.Sceptic Meg,eat your heart out.
15.07% at the the time of typing, hardly a blue day dude.
BIG Blue day ahead, gla
Those shares have already been converted, read the rns, the Kazakhs bought in at 27p with a £40m investment. 1.2m shares, this will fly tmoro.
This is the story. krmc was the owner of two large deposits in Kazakhstan . The company was down on its luck, had no money for developments and had its license suspended. The company decided to farm out 90% of its assets to gma, an aim listed shell for a consideration of £40m. gma did the fund raising issuing shares to institutions and change its name to kemin. Krmc now has the funds for the project and its licence was reinstated but KEM will be the operator because of its 90% stakes. gma completed its acquisition and krmc gets free carry to production. I think the Market believes gma got the assets at a depressed price .
Read TRIC rns . They diluted us shareholders 99%. their conversion price is 0.5p but now trading at 4p. Here the conversion is at 27p....lets see the trading price after dilution.
thats a consolidation were talking about a dilution here and a massive one this company is great now but after the extra shares come in issue then expect further issues its a long term hold not short/med hold
TRIC,another mining company has a similar situation to KEM . New investors and loan bondholders converted at half a penny . Previous shareholders shafted after share consolidation . Read their recent rns . They have worthless sand contract but They are trading at eight times the conversion price . dyor .
Its all about sentiments and momentum.