Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
production In Fairbride is close on my total focus here around this time.... and a smooth production build up there is all I care about for xtr.l in the next 7 weeks or so, in truth.
Conceptually, I'm very open to topping up here at anything sub 3.5p .. but even if I have to top up higher, I'm now more inclined to wait until I see a first 'good' months Gold production from Fairbride.. which I'm hoping will be September.. but decent in August would be lovely and a top up trigger for me too, perhaps...
Generally, right now I value Africa assets at approx 2p .. leaving Bushranger at 1.5 p ish currently, alas.. of course I get that Bushranger, in due course, could/will hopefully be many multiples of that.. but, if there were slowness /issues at Fairbride in August/ Sept , and nothing meaningfully positive updated on Bushranger in that same window.. this s/p could now go into the 2'sp even, imho .. annoying as that may be .. and short term as it might be too granted.. but, for a guy with a keen focus on range trading as a part of any bet they have in play, that's a thing - to me -... far less so the big picture Einsteins here who don't get out of bed unless it's towards the 100's of k bet wins, I understand .. but each to their own ways/means !
PS: Apols if any offence taken on the frilly knickers/panties/ thongs /Mini/Micro skirts etc yesterday..all to a technical debate end only, of course.. and understood less can be more.. but more can be more too, i'd offer back :-)
Hi NTM,
I guess you haven't heard rumours about a deal from the 'Diggers and Dealers' event which is currently taking place?
Maybe just a link Ella ?
Or a PM..
that doesn't sound like it has anything to do with ''frilly knickers/panties/ thongs /Mini/Micro skirts etc '' Ella ?! ..so best I leave the diggers and dealers event to the Einstein's here .. and me just keep my focus on what I'm good at ..
The Taiwan situation should keep the gold price up which is all good for our finances. Would be nice to hear rumours regarding a BR sale ?? but nothing currently showing in the shareprice to get me excited.
Don’t get too excited it’s just a deal with a distributor to export the new line of Bushranger merchandise. It’s the new marketing strategy they are trying, T-shirts, frilly knickers/panties/ thongs /Mini/Micro skirts etc big silly hats and fridge magnets with the choice of RC or Ascot on the front of shirts and the slogan “Porphyry’s Rock” on the back.
Here is the website for the Diggers and Dealers event currently taking place. ( https://www.diggersndealers.com.au/ )
We are not on the programme.
Not sure what Ella is on about. Why would rumours be flying for a company not appearing at the event, when there are 50 others vying for attention. Would love an explanation of such a (currently) unfounded comment.
As well as 'Porphory's Rock' printed on the back .. I'm thinking we might need the T -Shirt's to also have images of sundry 'frilly knickers/panties/ thongs /Mini/Micro skirts etc' alongside 'BushRanger' printed on the front towards real winning marketing !
Can't be any worse than the current marketing strategy. FB probably the best kept secret on AIM.
All the videos from the diggers n dealers event are on their youtube channel. Sandfire and Newcrest ones were fairly informative unfortunately neither of them mentioned an upcoming acquisition :(
https://www.youtube.com/channel/UCeSnbgsRrmmHjFxtw-BtDpQ/videos
Bit of news from Oz is that Caravel Minerals based in WA and with a porphyry perhaps similar in size to Racecourse currently have their shares in suspension awaiting news of a capital raise. Could be placing or could be a major taking a stake - will be interesting to hear what it relates to.
https://newswire.iguana2.com/af5f4d73c1a54a33/cvv.asx/6A1102885/CVV_Suspension_from_Official_Quotation
Agree flipper I actually had the sense the company were holding back with all the shouting from the rooftops when FB finally started up. Its like they didn’t want to steal any of Empress’s thunder! Maybe they felt it would have been rather rude, but I suppose after all, they did the hard bit and put up all the plant money.
Just to conclude my post from yesterday related to Caravel - A$3m placing at 14%d discount
https://hotcopper.com.au/threads/ann-3-0m-share-placement.6876097/
Bit of a long road ahead for Caravel and it probably won't be their last placing as they look to develop the mine themselves.
Not saying I'd like XTR to take BR to production (I dont want that) but with a minimum of 5 Fairbride years ahead of us we could probably do this without dilution with a proportion of project financing to find from debt.
So we have a great bargaining position when it comes to declaring decision to mine...... no paper tiger here.......