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.
If we’re referencing blackadded, I’d say this company runs more like Baldrick
Sir Percy "My Lord, success! After literally an hour's searching, I have succeeded in creating Gold! Pure Gold"
Blackadder "Percy, it's green."
Sir Percy "That's right my Lord"
Blackadder" Percy, I don't want to be pedantic or anything, but the colour of Gold is Gold, that's why it's called "Gold", what you have discovered , if it has a name is some "green"."
P.S. I'd settle for some green at this stage. Any gold would be a bonus.
silverstone,looks a bit slippery?
If I win the euros tonight, I’ll pump this badboy up so we can all exit.
You’re welcome.
Comedy gold is what they have found in the ground made.
“Don’t think your going to need that stick”
Kutzz man comedy gold!
Atleast Bob put a bit more of his money in the bin. Tim only bought 2.7m shares….
To be honest, Bob gets a bad rap, he’s just the money man.
Tim is the man who initially span the compelling story about Farè, the runway being built, Cameroon and we’ll be “beating competitors away with a s**tty stick” he did several podcasts talking up oriole to no end and really it was all b*llocks.
To tell you the truth Tim, I don’t think you’re going to need that stick….
The sad fact is, Farè has been long drawn out. The harsh reality of renewing the Licenses when we don’t have the money to do anything with them anyway.
F**k the salary sacrifice , start the performance based sacrifice scheme. You get paid according to how the SP performs…
Not to mention the licence expiry at Bibemi, where pretty much most of the budget has been spent! They better damn well get that renewal. But, who knows, this dog could still have a bark and a bite when sector sentiment returns.
Jackbal - you know what they say, don’t let the truth get in the way of a good story.
I don’t care what they exploit. Just get money without raising and I’m happy
Think they are deluding holders again on elephant oil.
Unless they have a specific buyer who will take it off their hands the junior Nasdaq liquidity would not allow for an orderly exit “if” it floats.
Extremely unlikely you could offload that much stock without collapsing SP, not enough liquidity.
If it floats it’s kind of irrelevant if you can’t liquidate position.
But Bob would or at least should know this sort of thing.
Same old “let’s try and tell the market what it wants to hear to distract from our ineptitude even if facts get in the way of the story we will spin”
My biggest hope for this is that TL can somehow persuade his fellow bod at MTL to spread some explo budget to ORR. Mtl has much debt but serious cash flow and it’s due to pay off the worst part of its loans in Q4 when it’s rate drops quite a lot. It will have more free cash flow and could be a good match as a partner.
Let’s hope TL is using his influence over there to get us out of the dire straits he’s put us in.
Just whilst I’m on one….
Elephant oil - soon as that hits the Nasdaq - potentially sell our stake in that, not sure how much that could generate but it’s another option.
If you pay attention to timeframes -
Farè - nothing is really happening this year, extending the footprint of the potential mineralisation but no big drilling campaign and who knows if we will see that in the 2023 programme. Regardless, that’s another 1.5 years away to potentially see that through and get a JORC and that’s only if IAMGOLD play the game and do a big drillling programme. Otherwise they will waste time and then buy for a cheap price
Bibemi - nothing of any real value. £4m spent and very very little to show for it.
We have until 2024 on the CLP until we renew those, great friends with minister of mining but equally I’m sure they want to get this show on the road and start drilling there…..
Royalty sale is the only potential near term catalyst for a rise/money
Turkish courts …… may as well forget about that dog.
I’m really sorry to say it but this company could be done. There is no excitement about their projects, the stark reality has hit and the chickens have come home to roost.
4 years down the line and what is there to show for it… even without the spike in 2021 you’d still be down 50%
Even if you bought in 2 months ago you’d be over 50% down.
I’m 85% down now and I was in at 0.90
I just want some of my money back….
Literally no one can be in profit in this company
*77% down
77% on this damp squib haha
Only about 5K but still not as bad as others
That interview is ridiculous Bob needs his plums booted.....
We have a CFO who can’t add single digits together:
When he joined mcap was 2 million.
They spent 4 million
Market cap now 4 million.
I think 2+4 is 6 but Bob clearly struggles with these maths.
The bare face cheek of telling a holder Chatroom posters don’t understand that he is building market cap when firstly he actually isn’t and secondly he struggles with pre-school maths
A pearl of Bobs wisdom for us to enjoy as he just issued stock on a 4 million mcap:
It’s important to note that our market cap is building – this is often ignored by the posters in the chat rooms, who complain about ‘dilution’, without understanding that what we are actually doing is ‘building assets’.
Building assets that he valued at 4 million today after spending more than 4 million on developing them