Firering Strategic Minerals: From explorer to producer. 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.
We shareholders have never been able to 2nd guess what would be included in the next RNS or presentation by the company and in that comment I include SOLG management. This company is just impossible to predict what's going to happen next.
Evening JG
Just browsing the website it’s clear to see there’s plenty of updating needed. Major shareholders last updated on December 15th being just one example.
So either there’s no one left to do the job, they can’t be ****d to do the job or there’s no need to do the job. … All very curious …. I also notice Fawzi still appears front and centre on the about us page.
I’ve said often that I expect a press release to land one day that leaves no room for further speculation. Some theories will be borne out and some will be consigned to h the he bin for once and all ….. Just hope we are not in limbo too much longer.
Isn't it conceivable that we will not get any interesting news until the SR release, which could be end June? Is there any exploration going on which will produce drilling results? The DFS appears to have been abandoned, so what else could there be?
I suppose it's possible there may be some more corporate restructuring, but I think it's more likely we'll hear about that when the SR is produced. A new CFO perhaps? Some overdue TR1s? Personally, I'm not in the camp which thinks a deal will be done before the SR, but that's only a guess.
In other words, I'm not really expecting anything for a couple of months, but I'd love to be pleasantly surprised. And yes, DBW, the Fawzi situation is a mystery.
DM, agreed. The company really is giving the impression the SR is receiving 100 % focus at the moment, which is no bad thing, but it does make you wonder what our employees are doing with their time.
The stated ambition of conserving cash means cost savings and it would be interesting to know where those savings are being made and what the implications are. As it stands, we're in the world of speculation...again!
Fast and smart no? Doesn't seem very smart from my kitchen, total disaster , just keep everyone in the dark.
its totally absurd, that a small explorer, could take up to 9 months to review how to move forward with its only proven asset... same old same old.. slow and stupid.. how are they filling their days??
Id be interested to know if our coffee plantation, fish farms and bakery have ever turned a profit...
Orth yeah true
@addicknt, in principle you could be right, but at the same time, if we were now in a complete vacuum with no news or activities, the share price would have started falling again. The fact that the price is showing some stability at this very point in time seems to indicate that there is a foundation and broadly speaking the only way should be up (+/- some % movements that are always possible).
About the SR, I think we get occasionally lost in the semantics. It would be absurd IMHO that we wait until June 2023 only to learn that the company has decided "strategically" to sell or spin-off or JV or go to production or else, and now how to do any of that needs to be worked out. It seems more reasonable to me that all these options have been pursued and discussed and negotiated with various parties and when the SR comes out it will indicate the executed plan, subject to whatever shareholder majority is required of course.
So why we attacking now the goodwill with the locals ref the fish farm /bakery etc
These in the scheme of some salaries paid / etc is tiny
Fauzi salary probably covers them all this is Ecuador not the U.K.
Orthern they aren't there to turn a profit you doughnut
TheItalian, I fully agree with your comments concerning the SR.
Italian, I'm not sure the market has any more idea about what's actually happening on the ground than we do, so I'm not sure your first point is likely.
Additionally, I consider our current sp 'stability' (I use that word advisedly) to be not particularly robust. The share is incredibly sensitive to very small buys and sells - I reckon a few of us on here could move it easily- so predicting a level of stability pertaining for any length of time may be futile.
As for your last point, I very much hope you're right.
BTW, I'm not in any way feeling negative about all this, it's just that I've resigned myself to a period of ignorance...again!
I stated in September/October/November? last year that any relevant/biggish news wouldn't land before April/May this year.....same applies. Sitting here round the clock won't speed things up!
Anyone else in Cheltenham?
Hi copper hope all good
Not splitting hairs but what you said in September was
“Production will happen with Solgold holding the reins...
...some people just can't, and won't see it!”
Just saying
Good luck on the punt
Hi DBW, they're a miserable ckufer... ;)xx
covgaz, it's called "mushroom management", keep you in the dark and feed you doo-doo at regular intervals.
DBW, our Productionista friends don't enjoy being reminded of things like that, so can I please ask you to desist. Thank you.
Perkier share price movement since 1.30pm
Am feeling Perkier too Bogota !!:)
And on a quiet day Bogota...augurs well although the market in general has bounced today shrugging off SVB...
Addicknt DBW as usual is incorrect. Copperpot believes we may get a JV. Which I believe is a distinct possibility.
Like many DBW has predicted many false dawns.
It looks like a lot of previously vocal posters have turned into lurkers recently.
Add of course they don’t like it ….. some have said we’ll take Cascabel to production and some (including myself) have said it’ll be sold ….. I’ve never claimed to know how long it’ll take but obviously would like it sooner rather than later.
I’ll leave it at that or it’ll just encourage someone out from under their rock.
I’m certain Bob is doing his thing and news will inevitably drop soon enough
ATB DBW
DBW, my comment was tongue-in-cheek...if you hadn't guessed.