Roundtable Discussion; The Future of Mineral Sands. 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.
I’ll be there, haven’t attended before, so hopefully I can put a few faces to names.
Im trying to make it...logistics a bit tricky atm
I'll be there as well....never been to Bumbly Towers or seen their kit and so should be interesting.
HB
I've got my golden ticket and looking forward to meeting you all again.
I’ll be there Mike. Also, I thought it was 20+ dignitaries from overseas countries going?
Do we have a little list of who is attending from within our ranks? Will be nice to have a catch up with some of the familiar faces given the lack of face to face AGM attendance. I'll be there and staying local that evening.
Would be nice to hold station today and consolidate the recent gain. I have a sneaky feeling that there might be some more news next week. They seemed quite bullish about some large tech contracts appearing in the near future during the presentation and with dignitaries from over 10 countries coming to Bumbly Towers to attending the Queens Award Ceremony next week,.. it is the perfect time to sign and seal deal(s), in terms of PR and convenience- no foreign travel required by our guys?
Fingers Crossed.
I wasn’t having a pop. I understood and appreciated your response.
Foxxy--- I thought it was one of your better posts..... hence I voted it up and my response!
still might see 6p this week...... if not ... there is next week and Sept will be upon us....... 2 MSCs start up [hopefully still on track!]....... and then there is the shoulder rubbing at the queens award event......... lots of MSCs should rub off me hopes..... wonder if Pete will be rosy and not pasty for the occasion......B
There's something wrong with LSE at the moment....mine seems unwilling to update regularly and sometimes it takes a post of mine to allow me to see the latest...which appears to be what just happened to you.
It just takes LSE an age to update!! Doh
Of reasonable debt funding so offensive that the post gets deleted Mike? :-)
another 5% today.............??
Foxxyy,... you hit the nail on the head.......----- with the recently announced MSC's...once online and generating revenue.... the numbers do seem suggest that we will have reached a 'critical' mass in recurring revenue, with long-term visibility of income,.. and that is a game changer.
The recent placings , leaves us with jo debt at present!!)... and that opens up different avenues fro financing should we require it to fund up-front costs on new MSC's.--- although, from the recent presentation,... they appear to be looking at more inventive ways off doing this,... with payback of the equipment capital costs being rolled up in to the per/person/container scanning security costs.--?
Anyway,.... regardless of the doomsayers.... the outlook is most certainly looking more positive.... we've had enough pain here... time for some gain!
Or, with so many recurring revenue projects secured, change policy, break the habit of the last decade and acquired some reasonable debt funding that the business pays back rather than shareholders.
It means I’ll be 6 figures up 42trader! Can’t wait. How’s you’re PF going?
....and it coming up to xmas time in a few months. And we all know what that means.
Absolutely AIMing, forecast cashflow in 2022 is £4.1m, that is after any expenditure on the existing MSCs. So hopefully we will be able to fund additional MSCs internally. Of course, if we manage to land something off the scale, then that might not be enough, but at least, as you say, we’d be raising at a far higher level then.
Also buys showing as sells ;-)
Very tight spread .. Good News !
yrabs: the real kicker is if the 2022 profit comes through. the £5+ million should be enough to fund KSA project wins. there SHOULD be no need for more raises.....i don't for a second believe that will be the case though. But hey, if the next raise is in the teens then i won't be complaining too hard
The thing is Vander that Pasty Pete/Fooler or whatever else we call him.... has signed up to revenue/profit forecasts with the house broker [verified by nomad etc]...... and so we can judge him on those me thinks.... and the first numbers for 2021 are due in the next 4 months... so we will be able to throw stones then..... and I personally will know if this is yet another "near miss/folly/bad luck etc etc......in which to decide if further years of torture are worth it...... but with KSA and perhaps further growth in Africa built on DRC/TEMA etc..... this could be "the new beginning".......... who knows... it just feels different and I do actually look forward to Petes most famous catchphrase shouting "Double digit" again pretty soon!!.......B
5% a day for next couple of weeks will do me, as I await the
really big news.
My view is that DHC is amongst us-look for someone who is intense, with grandiose flawed reasoning who posts frequently