George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
Well at least it looks like we have bounced off the bottom. September next week so one would hope the drilling plan we have all paid so dearly for gets moving.
The last thing Darren's credibility needs is a curtailment of drilling all the planned holes due to bad weather.
Are we ever going to get the rest of the Dotted Lake results or have they been buried?
Maybe they have just disappeared like Darren.
I posted the following on another share chat board but felt it could be relevant here too as I hold PALM, especially with our increasing resource discovery potential ....."Yes indeed, Gold(and related Gold shares?) will re-rate with the "coiled spring effect in time.....when confidence in currencies fails and people rush (even 2% of the population rushing to acquire 5 ounces AU would lite it up for sure) to hold something real (other than collapsing house prices and unaffordable variable 20% interest rate mortgages)..Perhaps 85% of US population are on fixed rates...but in the UK we're variable rate and any short term fixes will be variable 20% interest soon.....How many on £3k per month or less take home will be able to afford their £100k mortgage at £2,500 a month? and their £500 p/m electric.
Something's going to give and in the rush for something real in one's hand as their fire insurance....then that's when the price of gold/currency will become those extreme figures, which still look far fetched?? not so much now eh?
The amount of ounces you have will be all important....as history shows from buried hoarded treasure....history repeating/rhyming again?
Do not be concerned about daily/monthly fluctuations on the paper gold price that is set for the miniscule physical PM market (in comparison)....Some say Russia and China have nigh on 60,000 tonnes or about 12 times or more than what they officially disclose....there is a reason for that....and also a reason for increasing premiums we must pay on any PM physical purchases. You should at least certificate some of your xxxx holdings..... I have ! gLA. "
Wheh are the next drill results due?
Cheers loosegoose...isn't it gr8 though.....PNT (AUS) and Fulcrum investments make up say £3m of our £5m......and for the other £2m we get all of Canada...the VMS potential....£1m cash to fund the drills...and Darren!
Name me any other share to beat this for the £2m odd? call it pumping...whatever...but it's just fact......just make sure the drills are near the right plants that grow with gold..you know....bioanalysis and all that Darren! lol.
Yes, I have clarified. The difference comes with some site showing 29m share in issue and other sites show 54.625m. I have clarified that the higher number is correct. Sorry for the confusion but it is now clear to me.
Thanks B... The next 5 drill targets will change the SP Trajectory
Right time, right place....right metals...
ATB
Actually our share at PALM is more like £2.7m.....we've highlighted the flaw before with market index....but please dyor...there are plenty of sources
https://finance.yahoo.com/quote/PNT.AX?p=PNT.AX&.tsrc=fin-srch
The value of the holding in Aussie is about GBP1.4m
36% of this: https://www.marketindex.com.au/asx/pnt
Apologies for being lazy but does anyone know off the top of their head what the approximate value of our Australian % is?
Our market cap is only about £4 million so our Canadian assets must have a risible value given to them.
Fat fingers , small phone but you know what I mean.. when they all come home :)
ATB
I have time , and very happy with my dog pile of positions
I am really not pumping either
I do not need too
Just a hobby or me ..
It will be smiling when the all one home
£50 k up this week alone on POW. :)
That should have been September.
bitcoinbuyer you are not going to get any results by Christmas from these drills.
Surely you know how busy the assay offices are and by the look of things nothing is going to start turning before October.
We might get some fancy tweet core pictures and plenty of Darren waffle no doubt but I wouldn't expect anything tangible until mid/late q1 23.
bitcoinbuyer pumping a stock is a glaring red flag IMO.
Look at the other dogpile stocks that he/she is promoting and ask yourself why.
Get that drill spinning into the good stuff Darren.....
Got some hay to make while the sun is shining.....
30p please by Xmas..... Palladium.... https://youtu.be/nS3gjvTOR5U
That's where its at :)))
Shares issued tomorrow then. Get the pathetic news behind us and hopefully move on and forward. It has certainly done nothing for trading volumes that have all but dried up.
As I understand it we only clear about £980k after costs :-/
Anybody seen it? Should be out today but nothing on the website.
SP underpinned by the 36.6% holding IN PNT on the ASX
20% IPO Fulcrum with good tenements in Bound..
Cashed up with 5 compelling drill targets..@ Obonga
And a market cap of just £4m ATM....
Relatively few shares ...most in sticky hands
No wonder we have a buyer positioning..
I see a great future here
Time will tell
ATB
Indeed it could bitcoin but we know drilling is not a precise science so we have to keep everything crossed that Darren and Liane have got their house in order and don't drill what we have seen so far at Dotted Lake and Wishbone and have good core but no cigar.
And on that note why did we never get the rest of the results from Dotted?
Well ...some negativity..but hey its a free world.
What can you do..if you are believer like me ..in PALM and Darren and the assets..sit tight and buy a few more....
Sentiment is transitory..... always is..... if you are long here does it matter the current SP ??
Not to me.... really looking forward to a discovery on top of 36.6% PNT and 20% of the FCM IPO....
Few shares small market cap.... A good core could change everything ...
ATB
Yes I can well understand that desertjoe. The Ceo had set it apart from the dross of Aim but in one fell swoop and at the first hurdle he reverted to Aim type and gave up a big chunk of credibility.
I notice he didn't do a video with Sarah Lowther this time as I think she would have called it out .
Your right, levi. It's not on AIM.. Sorry but I got carried away by its similar traits. (lol)
SP down 60% yr on yr
Cash raised at 12 month low
1-1 warrants at 8.5p
£1m will get burnt quickly
Converted warrants mean 50% dilution to existing holders
Placing holders will follow type and sell out leaving warrants to convert if and when we see 8.5p
Just saying it as it is
Dont think we will see 6p plus for a very long time with sentiment on the floor unless we get positive drill results
SP already sub placing price
GLA