Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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.
Fair enough. I'd put money on it. Oh wait...š
Tricky, we'll see how good a forecaster or fortune-teller you are in April!
Suspect a few are just getting in while it's so cheap. The sp will be 5 x this by April.
News with MILA is always a little random in landing. All the focus of recent announcements have really been related to Lionstown and they should be simply be preparing for heritage and environmental surveys ahead of seeking drilling permissions. But maybe MILA is clearer about it's next step-out drilling targets and possibly started. Who knows?
A few large buys going through this morning. Are we due news?
I think there will be a lot of action on KVP in the year ahead between both MIRI and Liontown. Also MIRI have stated that they have been approached by others. I was tempted to add but held to the thought of not being over-invested here
One day, we'll see 500 or even 5,000 trades by midday.....no?!
Nm
Not one trade so far this morning? Where has the love gone.
It's such good value for money.. it's just not promoted enough.
Sorry, that was a bit brief.
It's part of a Mining Summary report from Berenberg. It mentions the Albemarle Deal being offer and then says about the trading halt. Not sure how linked the 2 aspects are really.
This too - Liontown trading halt to raise funds
Albemarle has pulled back from a takeover of Liontown. Gina Rinehart increased her stake in Liontown to block the t/o bid.
Saw it this morning on Bloomberg.
I see that as good news. No further distractions, strong insti support and a potential lithium bonanza under our feet.
Rex
Yes, I'm happy that it should result in MILA getting to revenue, a re-rate and a possible big buy-out more speedily
It would be the most logical/cost effective thing to do. We get access to detailed drilling results at zero cost to MILA. What's not to like?
Oh, and 16% of any lithium mined :)
Happy days!
Rex
You get the feeling that MILA is really just letting Lionstown take the quick lead and larger costs, and hoping to benefit from lithium success and then into its gold exploration work?
Charta, thanks for that. Let us see how it plays out. I don't expect any material impact on what Lionstown do at KVP
Charta, thanks for that. Let us see how it plays out. I don't expect any material impact on what Lionstown do at KVP
taken from oilprice.com:
in a move designed to thwart a takeover bid by american lithium giant albemarle corp (nyse:alb), australiaās richest woman, gina rinehart, has once again boosted her position in liontown resources ltd, bloomberg reports.
this is the fourth time in recent weeks that rinehart, through han**** prospecting pty, has added to her liontown resources stake, which now sits at 14.67%, just shy of the 15% needed to potentially block albemarleās ~$4.2-billion takeover bid for the australian lithium miner. in mid-september, rinehart owned a stake of under 8%, according to bloomberg.
han**** has described the stake as āstrategicā, though it has not disclosed the intention of the sudden large increase in ownership of liontown.
āhan**** maintains a long-term approach to its investments and commodity markets. in line with that long-term approach, han**** can provide liontown with the opportunity to manage its project execution and operations ramp-up risk,āā the company said in a sept. 25 statement.
last month, liontown accepted albemarle's improved a$3.00/share offer, while han**** said it may seek a position on liontown's board and could help the company bring its lithium resources to production. so far, han**** has paid no more than a$3.00/share for the four tranches of shares of liontown it has purchased.
Does anyone has access to the premium section of the FT. Saw the headline questioning the success of Albemarle offer for Lionstown because of a holding by some PE guy?
It seems 8 new holes in the North will be drilled. Didn't realise that the 6 previous holes we are waiting for the assays of where focused on areas of thinner mineralisation. Good to know they are being approached by a number of potential partners but now have stronger funding and should be able to make non-desperate decisions
Very good. Warrants at 2p priced at a sensible 100% uplift but this will ultimately go far beyond that.
The next leg of the journey begins. This is one of my more interesting long termers.
Why isnāt it showing up here on LSE?
Getting Ā£2m in this market for juniors at slightly above market price no mean feat.
I wonder when the RNS of the assay results will drop..
I hope the deal speeds rather than slows plans on the lithium front. Maybe further down the line, buying-out Mila will feature in Albermarle's future wider ambitions in KV..??