Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Stream your post is incorrect about house broker I think you mean Cenkos
Actually think there are huge positives today.
The placing was always on the cards and dragging the SP down. That risk is now gone.
The new CEO was needed and is now in place.
The assets remain fantastic, there is just no volume.
A bit of momentum, some positive storytelling this moves up very quickly from here. Not long ago we raised at 40p with a lower gold price and there was lots of excitement about ‘gold everywhere’. That excitement has been lost but should come back quite quickly with new management. Very excited for the future here and prices here are a gift. I’ve topped up a substantial holding this morning
Its done. No point in moaning. They just need to get on with it and get it sold
Lots of chat about how bad Cannacord were as house broker. Novum…..
This is heading to the 5p area. Very frustrated.
Get away.
And it gets worse .. I’m thinking in 12months the company will be gone.. views?
2 years ago Landore raised £3.5m in a placing at 30p per share, noteworthy in which elite investor Eric Sprott took part. At the time they had a 1moz gold resource. 2 years later after a predominantly successful time with the drill they've got a 1.5moz gold resource, c£1.5m in cash and equivalents. Most importantly though Landore have a share price almost 2/3 down from the last raise.
I'm looking forward to hearing how the AGM goes, and what the plan for the companies limited resources will be under new leadership.
Embarrassing how this has been managed with the assets it has, PIs are not even taking a punt at this SP.
Going too interesting at the AGM, as I hear a lot of p@ssed of investors are going to be there.
What I don't quite understand is IF the assets are so effing impressive with so much potential (as for years we've been bullishly led to believe) then why no aggressive hostile takeover attempts been made? Especially given valuation being currently on the floor.
For me - thanks in part to BH - through PGD & LND my pension plans from investing 2003/05 time have taken a massive hit. Lost 90% of pot value min.
Very concerned.....
I'm concerned that you're concerned.......I'd just sell up if you're that concerned.
And new lows now hit , how much lower can it go
I’ve been thinking what would we get back in a fire sale , would anyone actually buy BAM without current discovery? Very concerned we will end up running out of cash and left with nothing
Soon sp will be a 1p then (as per pre massive share consolidation which was JUSTIFIED on basis of improving share price).
Absolute shocker. BH should exit by the back door with his head down.
Lots of tweeting about the nickel of late.
I may be delusional, but I do recall lots of tweeting about the lithium last year as interest from external parties was brewing there.
Am trying to work out if Bill left Patagonia Gold in a worse mess when he retired than with his Landore retirement.
For sure - it's been a complete disaster with MASSIVE paper loss on both counts if you invested in either from the off.
Mind you, he probably trousered loads in the process with remuneration & expenses & fees and enjoyed the ride for past 20 years.
Still no drilling programme announcement, really need to get their priorities straight
Thanks for clarifying. They write in that legal gobbledygook style which doesn't make an awful lot of sense to me.
No information can be gained from the AGM resolutions, they are the same as all other years.
Agreed AM90. Sell on RNS brigade/traders were going at it again this morning.
Bill going. Sounds like a new CEO is close. Maybe a dual listing and a Canadian based person?
The AGM info appears to me to say that if and when they need to raise it'd be done with an 'offering of rights' (rights offering?). Happy to be corrected, but that's where all shareholders are democratically offered to take part in any raise is it not? If up to a further 15m shares in circulation is what's needed on top of the other income streams here over the next year or so to finish the job and get a sensible offer for a 2moz deposit I'd participate and be happy enough. It's the moral way to raise an extra bit including everybody if they do end up needing it. Fairness is good for sentiment and it'd be cool to just be included in the process as part of the journey. All good experience.
A new, fair, democratic Landore with a new CEO? Doesn't seem like bad news.
Bill out completely, no consultancy, just out. Good news.
Normal service resumed .. moving it a pass as usual with these appointments.. jokers ..,
Is that you buying Ronaldo?
Lover of all things Landore that you pretend not to be.. talk/walk it down.. then hoover them puppies up :-)
This time next year, Rodney.. You know it makes sense..
Ah look, the one post wonders have arrived to bless us with their incisive analysis and inability to pose questions properly.
How much higher can this go...
How much lower can this go..