Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. 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.
Up at 8 month highs, 0.5 % up today and 16% this month and continue to show an upward trend, although down even Iron is showing on an upward for a month at 8%.
How the hell can SML not get something over the line given the positive economic outlook for these metals.
JP care to enlighten us?????
Do we have nickel - I thought we sold that tenement, years ago?
This could be an interesting conversation.
Certain "non core " tenements of Hanns Camp were sold as we were not prospecting for the possible gold, back in H2 2018.
The Cobalt and Nickle Sulphide were not sold.
It was written off, it was a tax thing IMO as SML needed to reduce tax/costs on revenue/profit, honestly not sure where this all stands now.
Mt Weld and Hanns Camp. We certainly bought 50% of CARE in 2016 and the other 50% in 2017. We then sold the Gold tenements to fund Hanns Camp. It may well have been written off, but what happened to it. We owned it. Did we sell it? Nothing in the RNS's as I can see. Just that we sold the Gold prospective tenements. We carried on for a while afterwards surveying the Cobalt and Nickle tenements.
"After an assessment of the carrying value of the CARE, the book value of the CARE assets have been fully impaired ($1.122m) as at 31 December 2019. CARE remains part of the board's strategic plans, as noted in the infographic below, but in the near to medium term it sits behind our other three key projects."
15 Sep 2020 07:00 RNS Number : 8855Y
"As a result of the inability to locate an economically feasible deposit on existing tenements, the exploration assets were fully written off in the 2019 financial year and the Company has begun winding up the subsidiary."
- and then nothing. So did we sell it or are we still sitting on it?
Lupi, any reference to CARE in the company reports is listed below....
13 Sep 2018 RNS: "Additional funding arising from this sale is likely to be applied to further drilling around Hanns Camp, notably at Hanns Camp South, which remains highly prospective for nickel sulphide mineralisation."
4 Dec 2018 RNS: "Further work by our geologists and our Nickel expert, Dr. Martin Gole, has highlighted three additional high priority areas for potential nickel sulphide mineralisation within our Hanns Camp tenements. The commencement of the EM Survey over the targets is a key step in the identification of drilling targets."
30 Sep 2019 RNS: Additionally, funding which was originally allocated for exploration of the Hanns Camp site, that has not proved as prospective for nickel sulphide as expected, has now been redirected towards the development of Leigh Creek.
2 Mar 2020 RNS:
CARE
In light of cash requirements associated with both the Leigh Creek and Redmoor projects, the Company has curtailed expenditure on the projects of Central Australian Rare Earths Pty Ltd ("CARE") and this is expected to be the case throughout 2020.
Options to increase shareholder value are currently being assessed.
20 June 2021 RNS:
Central Australia Rare Earth Pty Ltd ("CARE") Tenements
During 2020, the Company began the process of releasing its CARE tenements back to the Western Australian State government. This is now complete.
Tx DVH I was missing the last piece. Releasing doesn't sound like selling. Even though we purchased.
To be able to focus on the future we need to be able to understand the past. Could we release LCCM back to somone as well?
And could we release the pointless presence of Alan Broome from SML?
Could SML release some info on how given all the minerals high levels there is still no indication of movement. And yes i would vote for Alan's removal from SML's payroll
'Releasing doesn't sound like selling. Even though we purchased.'
Lupidog, nothing surprises me with these clueless idiots (supposedly) leading the company. Utter morons....
And as for Alan Broome.....don't get me started!