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I am hoping we might get results sooner than the 3 week limit. I predicted previously 3rd of Feb but that was based on the old timelines and with the survey taking a few weeks. Fingers cross they have moved quickly and we get news ahead of schedule. Will be interesting to see if they release next plans and phases, with possible drilling timelines. Anyone want to give approximate timelines now based on other miners and their procedures?
ATB jt
Welcome to the BB Graham, good to have you on board. You're invested in one of the most undervalued miners out there with huge upside potential. Finally there's some traction and movement and the market is starting to get on board with where the share price should be :)
GLA jt
It's been frustrating over the past few months to keep hitting the seller at 3p but the progress made by the company has been outstanding and the fact that oil has been increasing steadily is great for an organisation that thrives in a low cost oil environment anyway. If we see this share price staying at around this level for the foreseeable future do we believe that the team will proceed with a dividend? A lot of oil companies are struggling at the moment due to the green agenda not allowing large portions of funds to invest in high carbon companies.
I'm taking a shot here but I think there's some confidence in getting this all done so quickly. They must be feeling very good internally about the prospects of red setter and so am I. Just added more shares to my portfolio as a vote of confidence, let's hope I am right. GLA jt
Wow, that was a lot quicker than i expected. Great news! 2-3 weeks to analyse was a lot quicker than my previous projections. Looks like we could be aiming for aroudn the 3rd of Feb for a results update. Very excited and GLA jt
Great news regarding the RNS. So they state they expect the survey to happen over the next 2 weeks from the 7th of Jan (let's give a bit of leeway and say they'll be finished by the 25th of Jan. How long do we think the results should take? Appreciate they have said they will be provided by end of q1 but do we think that 4 weeks (end of Feb) would be enough time to analyse and present back the findings? I'm being a bit inpatient here trying to work out timeframes but I'm purely doing it because of my excitement for the Red Setter Project :)
ATB jt
Vivski, not sure about you but I'm in here for the long term. You're always going to see other stocks that will be what if's but if you truly believe in something then you should be happy with your current holdings. The share price for Landore does tend to float between the 20-27 range but if you are a long term holder here you should be interested in waiting on the drilling results and how that's coming along. I would recommend following the landore twitter page, it's become very active recently and finally they're doing some marketing which makes me think things are starting to move forward.
ATB jt
Are we finally getting some well deserved PR? :)
https://twitter.com/landore_plc/status/1344194311680909313?s=19
I am very excited for what the future holds here.
ATB jt
This is a great RNS. It may have been a bumpy ride over the last few months but we are fully funded and will continue to be unless Oil crashes beyond repair, which I don't see happening. I'm excited for more RNS's next year especially once we can begin to farm out Jamaica.
ATB jt