Member Info for BigMinnow

What a giggle this is: being in SML somehow puts me in mind of the Dead Parrot sketch. I'm beginning to wonder if I will be deceased before this recovers to its alleged real value.

The drills are not deep and there are only six of them so it won't take 'months' after drill completion. We might get some XRF indications prior to formal assay results and or visual core pictures published - depends how they want to play it. Apart from that in a matter of weeks we should get modelling results back from the surveys.

Yes you can't rely on this site. The official one is : https://www.londonstockexchange.com/news-article/LEX/operational-update/14848845

Just filter the b'stard!

The founders probably want to participate in any stock offering and receive free warrants so they can cash out later with a tidy profit - plus it gives a public valuation of the company so that the institutions etc are provided with a further opportunity to invest. The crowd fund people can also have the chance to cash out and realise their profits.

I'm amazed anyone want's to try trading this at this barmy spread for what must be just a few hundred profit! I'd rather wait for exploration results for real gains and not just pocket money. Everyone has zero patience it seems these days.

The trade in question was a Negotiated Trade (N trading flag) that due to the volume involved could not be satisfied automatically so had to involve a manually placed trade to get the stock at the price shown (the mid price of the published spread at the time).

...to get your golden tickets before the xmas break - not bad volume for the pre-xmas half day!

Smart move one supposes!

I agree, sell or JV with a major is the way to go with any discoveries that look economic. I think the former members of the RLD management team involved in the Corundum mining disaster that was supposed to be a profitable Sapphire mine will be keen to make back some of those losses by making a success of Lexington.

"IMHO sell and invest the money elsewhere and come back in 2 to 3 years when things will start moving." posted by you ate 12:51 yesterday - sounds like advice to sell to me!
No doubt the sellers are the fantasists from before the RLD suspension predicting a relisting at 4-5p.

Mr Greenwood thinks nothing about your advice to sell ;-)) Follow the money and have a nice day but, please remember to do that research!

As far as I know they have about 27% of HUR and CA are in at an average of about 11p : will be take more to average down further? I think the oil price will improve faster than the well will deplete. If there needs to be a placing I'm sure CA will participate and I will wait until then.
GLA

Yes you're right - about the 'e' on the end; and come to think about it he and Andrew Scott have had many face to face interviews and has always been introduced has we would pronounce his name in English. Rather odd the new bloke not being able to pronounce Havieron correctly too?

The new bloke said it the way the French do - it is originally a French name.

Regarding the coffee in Brazil, according to press reports there is load of the coffee crop that won't get picked this year due to covid : so expect the coffee price to rocket in due time!

The exploration results will speak for themselves. I see this as a conventional explorer with up to 6 prospects to prove up and JV and/or sell on to a major to develop for cash or shares. What I don't want to hear about are financing plans to develop any of these prospects with LEX going it alone - any sniff of that and I will be moving on.

I can't quite believe people are selling this at 2.5p with so much going for it next year - it is a steal at 2.7p at the moment.

The new website is live: https://lexingtongold.co.uk/

Nice presentation on there.

Trafficator is the signalling device meant I believe - if you'll excuse the mild pedantry attack!