The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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.
Https://www.standard.co.uk/business/london-stock-market-shares-crisis-new-york-financial-centre-city-exchange-lseg-fse-100-b1147995.html
"Small investors have pulled £25 billion from the stock market in the last two years."
"Been saying for 12 weeks that #gold has a blue mega breakout.
#silver now has 1 day to the quarterly close,
and a blue mega breakout on quarterly time frame."
https://twitter.com/graddhybpc/status/1773282975834062853
Would be great/profitable if this is the amuse-bouche before the Greatland main course. Weird action on gold, between US closing and Asia opening, quite a gap up. Not much movement on Silver.
Talking of GGP remember Stephen Beetham saying he was holding 100m, 260m and then 160m. The price was fluctuating a while even after HAD005, and way before ETFs started buying.
I think as long as the large shareholders stay committed to realising a return on their investment through their Alien Metals shareholdings we could still reach first pour (Ore) and Revenue before GGP.
Same here Wasred, bought all the way from 0.18 to 12.00 on GGP and did sell some at 34, as it had deviated too many standard deviations from the mean. Have been in it almost a decade, have been in out of Arian Silver and Alien Metals the same. These things are calculated gambles which you can do well when large money enters, on hype or real news. Hitting the jackpot news release still means your investment can be blown around in the wind by institutional money and market forces.
Every none revenue business has the ultimate objective or achieving its on cash flows or exit of being taken over for a premium. Directors come and go, strategies change but the assets in the ground are real, and can be converted to resources of a marketable value with a little work.
Just had a MOU JV deal in the Indian EV market with DGI.L this morning a £18m market cap company recently bought into a run by three heavyweight ex Tesla board members and senior managers.
Still have remaining faith, that I can turn my investment in Alien Metals, into my fourth double at worst and potentially 5x, from here, with positive news on the two core assets.
Best of luck all Alien Metals shareholders past, present and future.
Silverhorse, depends on when you bought GGP. I started buying at .37p, failed to sell at 38p, but still well up. Recovery will come, GGP has gathered a very sound management team. There are nuggets on AIM and GGP is very much one of them; and I haven't lot faith here, in UFO, either although my investment here is small. I sold some GGP @ 13.8p to buy in.
I think two issues also to consider about AIM and the exploration sector we are all interested in are as follows;
Firstly people have much wilder expectations in terms of small AIM companies compared to large blue chips. Folk are happy if a large blue chip makes 5% capital gain whilst delivering a 3% dividend. Folk speculate in AIM listed explorers impatiently hoping for 10 baggers or 50 baggers... It is far harder for a small explorer to meet the expectations of its share holders, so there is always a far greater churn of unhappy speculators even for those that are doing well compared to their peers.
Secondly, much as commodity prices have generally been doing well of late, inflation has seen production cost for all producers going up a lot as well, so in many cases their margins have been shrinking. Small producer's margins tend to be tighter than large blue chip companies, so even those explorers that are making good discoveries might be having a harder time convincing the markets to take the risks of moving new finds on to become new mines.
Then, as others have said this has always been a difficult and risky sector noted for delays, losses and failures so folk really have to trust management so as to stay the course with them.
@BFD. AIM is a sewer really. Most of the companies are run by low level management or dreamers. But there are diamonds here and there.
I thought that UFO might be one of them but they turn out to be a lump of coal.
If you look at the failure rate it’s likely a very high percentage of companies ultimately fail to achieve anything. They get diluted away and consolidated into other failed companies. It’s a wash and repeat cycle and you’ll find the same names pop up again and again. Like Rod.
Buying or selling volumes? Judging by the drops must be sells.
Normbeef I agree in large part with your synopsis
However, AIM volumes are up significantly compared to the equivalent period last year, so there may be a chink of light appearing.
I think a large additional issue is the lack of trust in how the AIM market functions, where there appears to be no rhyme or reason to sp movements. Look at KOD for example, still massively down on its ATH despite being fully funded and months away from production.
I think AIM needs to do a lot of work on transparency if serious money is to come back here as the economic situation improves
Still waiting for a bad RNS? Have you actually had a read of any of the releases made by this shower. Almost as laughable as the imminent silver bull run and CEOs wife's liking things on LinkedIn.
When you read comments like that from Pebsi you think of this
🙈🙉🙊
@uktrader6 totally agree with you, don't see more than a 20-30% rise on mining license news.
@pebsi, you have to be smoking crack to say you haven't heard a bad response in 3 years from alien. Placings, loans, directors share incentives, capstone pulling out of a JV, drill cores soo bad they couldn't get analysed, Elizabeth Hill tailings, ceo's leaving with no replacement, a fake dfs, buying Greenland. The list is huge
& the new blood are more into crypto etc.
@ Devil.. i make you right.. AIM has been in a severe bear market for years now.. whilst the large / mega cap stocks have all been having a great run.. even the resources we own have been rallying whilst most AIM tiddlers have been destroyed..
you have to look at the actual punters that buy these types of stocks.. most of them probably working / middle class and working. So these are the people who have taken the brunt of high taxation / cost of living (energy) now high interest rates and inflation as well as now higher mortgages and families to support. not to mention (go back to the office 3 days per week which costs a fortune) whilst the big boys have sailed off with all the cash from covid and pumped the Big stocks to the moon..
its just a theory.. but i think most on here would see that there could be some truth to it..
Still waiting for the bad RNS - It's been a while placings excluded.
It's aim muck - probably why we are all here
I did research the history, the region, the assets, the RNS etc etc before pumping in my hard earned.
The MM’s have been able to drag this and make money all the way down due to the BOD’s lack of clarity and action. A company with the asset portfolio of UFO could have bucked the trend (somewhat) by attracting new investors - explorer to miner wasn’t it, shovel ready. Now possible JV, maybe, sometime, perhaps….. why would anyone possibly want to risk it based on the BODs track record.
I will be a happy person if the hype and positivity on the BB is correct - as will most of the disgruntled PIs here sat underwater. I have plenty of hope but trust? Nah.
Hi the annoyingdevil - GGP , worst investment ever johnhume tip it at 28p, i bought 13p, hoping for 11p to get the hell out what you think?
got my average down to under 0.50 - we all know if the **** hits the fan we should get no less then 0.50 for assetts - all agree? 1p come on ufo
Blame RS, the BOD, Max, or whoever you like. When the Market is ready, you'll get your turnaround.
Just read about the assets and progress (admittedly slow but who cares in a Bear market)
Er - i think the market has killed the SP. Not many AIM listed explorers outperforming right now.
GGP - Best assets - rubbish SP
ARCM - best JV - rubbish SP
About 50 AIM listed explorers on watchlist. 90% all the same downtrend (give or take a few spikes here and there).
cjm - bit old now those docs. guess the general public don’t have full visibility of the current status. par for the course i guess.
patience required for the next round of misleading rns and broken promises perhaps?
i will continue to hold as my paper losses are too large to make this worthwhile bailing on - i’ve already written my total investment off in my head. this is not patience but a faint hope that someone paid by this ****show will do something to benefit the lth’s. not telling the truth and/or sticking to timelines has killed the sp. and my trust and faith is now zero.
@dickie3times what sort of rise are you expecting on grant of mining licence ?
Imo a few people will be disappointed
Https://geodocs.dmirs.wa.gov.au/Web/documentlist/8/ML_NUM/M47%2F1633
AS you can see DMIRS did ask for further info. It was given.
The delay seems to be the delay. now agreed with native title land owners. I
It seems now to be purely administrative. Patience
Does anyone know if the mining permission is a one shot application. What I mean is are further questions or points of clarification asked or is it simply passed or refused? I ask to gauge in my own mind if the BOD could be delaying the application with slow responses.