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.
Sorry should be leed.
Good morning to you. Agreed. I think peed intention from the start was to eventually be a majority investor in the limestone company. I think the aim rules state that the shareholding has to be 50% or more. We already have 18% on conversion of the loan notes correct me if I'm wrong. So only 32% to go.
It looks to me like the BoD automatically assumed the investment of A$1.68 million in Battalion/High Mannor met with AIM rules of making an investment/RTO within 12 months, but as it was made a month prior to the change in the Company’s investing policy, only approved by shareholders at a general meeting on 12 February 2015, the AIM regulators have rejected it as not making an investment/RTO within 12 months of changing the investment policy. Unfortunately, rules are rules and AIM regulators are sticking to the letter of the law. This is a pain in the a*** for us investors as we are locked in (unless sold today) until the suspension is lifted, but it is not disastrous, indeed, it could turn out to be a good thing by pushing LDP along faster than intended. On a positive note, the BoD will have to RTO Battalion/High Mannor, which was probably always the intention, and should take 3 to 4 months to complete. If and when this happens, production and income should be in full flow and bode well for us investors when the suspension is lifted and dare I say that today is an opportunity to buy shares cheap prior to suspension. As Bigem and Steve58 quite rightly point out, the main investors are still here and have faith in the BoD. All the above is IMHO only. Good luck all genuine investors, see you in a couple of months.
Welcome back. I must admit I completely forgot about this 12 month rule. I honestly thought the limestone investment was all that was required. So a bit of a shock to the system this morning. Having come this far I will see it through to the conclusion. I cannot believe the two large shareholders will let the next six months go by without not getting involved in implementing the companies investment policy.
just ignore that particular poster mate...he is just out to mock and antagonise...nothing more...
the best rns...what an absolute joke this bunch are
Big ern. Agreed. That last 12 months just flew by. That's a sign of getting older. I could sell tomorrow but it's only money hopefully well spent. I will keep my fingers crossed for me you and all the other investors on here.
I absolutely agree, I hold a few more than that and if it goes down the pan so be it but I have a feeling this could be a Phoenix!! Only time will tell though, but I won't be selling tomorrow that's for sure.
I hold 20 million here. I have the same opinion that they will implement the investing policy. As I said before the major shareholders will probably have something to do with it.
Highly likely we are locked in or sell tomorrow at a loss. I am going to think positive and hope the board do have a plan to keep LDP going and hopefully become profitable sometime in 2016.
Maybe they should buy the limestone company. I can't see any other option unless they can raise money, a bit difficult if shares are suspended. Probably be by way of a direct investment by one of the major shareholders. They want to be able to recoup their investment and hopefully make some profit as well. Don't we all.
They are obviously not confident either way, not with a spread of circa 70%
1 am invested only a couple of grand I reiterate is it raining yet==nothing sinister or mocking I presume you know something pi s don't
LDPSoon28 Jul '15 More contracts signed more money earned :) its gonna be raining money on a regular basis for ldp :) is it raining yet lse king
This site is corrupt! You have a view and LSEking reports it. Admin remove it! LSE admin, please do feel free to email on my contact info to discuss.
as anything on the market,DON'T INVEST imo your money will be tied up for months even if they do come back, see WRN for details on what it feels like to be in limbo for months and montths
I've never filtered anyone on this site - now is the time. Can anyone advise how it's done?
only strong buy for you .but for us strong sell ...change your nest .immediately
Always have been an incompetent bunch. REASONABLY confident - Alarm Bells!!
2 days to stay and hope investing policy is implemented or get out.
Yes and more than can be said for the manas project. Zero info. At least Cultural are out there giving it a go, are real and can be followed/ contacted. This ozzy mob might do it...........
More new pictures on Cultural Limestone Facebook page.
According to the corporate update in December we should see the boiler installed in Feb which will result in shortened curing time for Moulds, hence resulting in increased production capacity.
See what I mean 0.0447p paid Now how long will it take to be able to sell to break even.???? That's why I said the spread is a crazy figure at the moment,
I'm watching this at the mo, but won't buy any more whilst the spread is like this..... It just doesn't make sense to throw money away.... Which of course you would if you buy with an over 70% spread. Not sure if that's the correct level though. I can wait...