Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
It's been said and written many times that the mine remains 100% owned by Kazera unless and until final settlement is reached.
A full statement on the latest via RNS was contained within the final results only last month. Not sure I recall an extra receipt of $1m in his last interview, surely that was in the one at the end of the Summer. In his last video interview in December following the Finals (front page of website), he talked of the various options being explored to settle the matter. Not sure what more he can RNS or say until some progress becomes reportable.
He mentions in the last interview thayt another $1m has been recieved, maknig a total over $4m apparently (or was that £s?).
Buit I agree, a definitive statement on the state of that sale, (how much money has been received etc) surely shoud be circulated in an RNS - its pretty big news to receive $1m.
Sound energy was an excercise in both messiah Complexes and acute confirmation bias for sure.
I was just wondering if we still own a tantalum mine. It's not really such a difficult question, is it Dennis?
With Halifax cheap share dealing today I tested the market with a tiny buy......got myself another 50k to my overloaded bottom drawer.....just about squeezed it through....
:)
Correct. I have also seen and been involved in massive spikes or massive increases on nothing.
Pyc - 2p to 21p.
Sound energy - 1p to £1
Kennedy Ventures (this) 1p to 15p
All the above on nothing, ramp.
So the point is until news comes out that shows we are going to be making money or we are losing money with no real opp to make money I wouldn’t worry to much about daily increases or drops.
I used too. But not now. I don’t have any control on it so why worry myself. What will be will be. I ain’t here for daily uplifts, nor am I trading. Been long term for years so shares remain in bottom of my drawer until Dennis produces some meaningful news that sends the shares into orbit. (Hopefully) lol. Then I will consider my options.
FB
Correct. I have also seen and been involved in massive spikes or massive increases on nothing.
Pyc - 2p to 21p.
Sound energy - 1p to £1
Kennedy Ventures (this) 1p to 15p
All the above on nothing, ramp.
So the point is until news comes out that shows we are going to be making money or we are losing money with no real opp to make money I wouldn’t worry to much about daily increases or drops.
I used too. But not now. I don’t have any control on it so why worry myself. What will be will be. I ain’t here for daily uplifts, nor am I trading. Been long term for years so shares remain in bottom of my drawer until Dennis produces some meaningful news that sends the shares into orbit. (Hopefully) lol. Then I will consider my options.
FB
FB
Often these shares that have a huge spread on them confuse the neanderthal way that many platform report prices. Many times I have seen AIM share seemingly go up or down 5% when in reality they havent just because the spread is moving like an accordian...
In my 14 years of AIM experience a metal bolt in the head is always likely !
...........
Overreaction could be only to news.
With the absence of news it can be only speculation .....
Remain to be seen.
Overreaction too what?
Like sheep being led to slaughter. Complete overreaction
…………
poppyseed 100% agree with ur assessment. talk of a placing after recent interviews etc would mean one thing and one thing only. dennis edmonds losing his job. no ceo would be putting out commentary saying what he’s saying for a placing to come round days later. (well we all know gilles clarke did). now 12 month low.
qtr 1 and qtr 2 is key here.
re slump in sp. will just need to wait n c. would be really disappointed if there was a leak here. it’s happened multiple times before with kennedy ventures but i’d like to think it wasn’t happening here.
pis are always the last to know but i keep going back to ams and there buy price. why buy at that price recently to watch ur investment tank. they will know why they bought in and what the future holds.
i’d love to know the real reason align walked. lack of funds to take company forward? or just sick of the bs from board. who knows.
anyway. it’s just a waiting game, always has been, let’s hope dennis isn’t another bull****ter that will go quietly in the dark like the lying larry johnstone. i’d love a good chat with him.
good luck all.
fb
Meant Prior the AMS news.....
I agree it doesn't make much sense.....this exactly why I was so positive about the SP prospect after the AMS purchase, but you can't argue with facts,short lived rise turned into the current level which is even lower than the AMS news......Will have to wait and see soon enough. 😉
No logic in a placing being a cause.
AMS has just paid 1.5p/£4.2m for 29.9% and, from the explanation given after the recent AGM, it's clear they were not supportive of Resolutions 8 and 9 concerning the extension of removal of pre-emption rights.
Add in that the CEO has just talked of his ambition to make money for investors via Kazera in an interview he didn't need to give.
Where's the logic in a dilutive placing immediately following those recent events?
In any case, why wouldn't AMS just cover any short-term funding requirement, even supposing there is one? I can't see them sanctioning others filling their boots down here when the only way they make money themselves is to see the SP above 1.5p and at a time so close to production/sales/other ventures (or why did they buy in at such a premium, agreed over a year ago but the bulk of the deal being completed so recently?).
Today 13% drop on relatively low volume is harsh and make me puzzled, this is also in addition to the little daily drops we have incurred lately which again on the back of tiny volume..... as always PI kept in the dark but surely something is known to some.....bad news? Placing? .....I am holding to my fair size (for me....) very tight but not as comfortable as I was only few weeks ago when I was very positive about the SP finally heading in the right direction.
Hopefully there is no real reason behind this latest set back.
Do you think there will be a placing because the SP has dropped due to a leak -- or do you think there will be a placing just because of the drop ?
Unfortunately a possibility of placing base on the latest retrace is something that cross my mind 😕......if it does happen I really hope its not below 0.50p ,not far off the current SP.
The waiting?
Placing?
The silence is deafening… apart from that long interview the CEO just gave…
Yep ! Someone on here said they had circa £100K !!! Thats a touch lesson in AIM crappyness !!
Definitely not golden here 😒.....
Fast approaching new lows, personally not tempted to add more, I have more than I can chew already 😅
Deafening and the SP shows plenty losing patience.