Member Info for laxeymouth

Ah....48m they need so i can see why it lies heavy on SP but on the positive side (according to the April broker note)Production should be roaring now with the recovery cost reduced from $1300 down to $700 and all ramps are open along with all that lovely new plant making a return to 40 odd k oz pa from last years miserly 11k.......the (paid for)broker also said a mcap of 290m+ !! Cough!..One day at a time eh?...a return to 2p would be nice start.

Daisan i agree ...And the true feasabilty of the whole project depends on the upgrade thats when true cash cows start coming home .. but how much cash do we think is needed?If 100koz PA @ $591 is genuinely do-able surely a raft of external funding is available especially as the BoD seem to know their way round the block?...and seem to be actual do-ers rather than talkers...I am not ruling out a placing of course but seems mad to raise down here without a bit of pre ramp first...50% dilution will only bag them after fees around £8m given the discount that would be have to be applied in such a lightly traded no news share...it just seems suicidal but wtfdik...Can't see why they couldnt just tap up Mr Ten Million again instead!!......But funding aside we agree this has a lot going for it ...if it turns out to be a placing then i could almost guarantee it will be the LAST one and i would expect a little good news first!....In an Explorer it never pays just to buy and hold,you need to jump in and out at various parts of the journey BUT in a Producer i feel for the longs here as there is no way given the production,reserves,equipment,upgrades the LTHs should be faced with this derisory SP......As per the other comments on here i imagine when it moves here it moves like Usain and as ever in any share one Rns can change everything.....i doubt the problems here are as compound as the sellers believe but guess we'll see...a fully funded rns would take the shackles off without a doubt.

Not a chartist myself but yep...it seems very unloved BUT the positives here are incredible.In fact any non rampy peer comparison makes this mcap look ridiculous Cnr?Hum?The Bod seem non-clown and hold skin and they are producers with a move fully underground coming as well as new equipment on line now which is expected to let them reach over 90% of their projected target........They have just paid a £10m loan back in a year flat and turnover was 40 odd percent UP from year before and thats after losing the processing plant for 3months!!.......As you say they waiting for some funding news in order to step up from 30k to 45k tonnes but i dont think with everything they have that should be too difficult.In fact they alude to it themselves in the interims "we hope to report positive news in Q4....".......Sure they do but one thing i think is nailed on here is a substantial production upgrade rns as everything that came online in the summer should of bedded in by now......So a return to 2p-3p within a couple of months isnt within the realms of science fiction and should they get funding for their upgrade and hit 100oz pa shortly after (and lets face it...they are making all the right moves) then this goes way way north of a 100m mcap.......An LTH here could certainly bemoan about the SP but could they complain about the progress?i am very impressed with what i've read regards both the bod and the fundamentals..Producing? Huge recent equipment upgrades?Mining friendly set up in a stable country?..£25m mcap ..near year low?The goldies who havent got a nugget out of the ground nowhere near even a PFS let alone a completed mine are priced at least twice above this....if this goes right it will go very right...Gla.

Out of closed period now and with this freefloat any further Director purchases really matter here...We could see those at anytime.GLA

Agree mate...I think this is a perfect place to dump cash and profits from elsewhere for the forseeable.This BoD are running at this like men possessed and I think this is just the start of Chapter 2. Gla

Wait until this hits beastmode.... nice BB btw... People wishing each other well... all good vibes for a change... :))

How they will hold this in light of decent news.. that freefloat really comes into play then.; ))

https://www.financemagnates.com/executives/moves/lcg-secures-alex-de-lusignan-senior-business-development-manager/

No guarantees it will be this week but it's the AGM on Friday which makes news this week more likely.. Backslaps or tinhats? I know this is Aim and bad news is normally late as possible but i personally I would of got shit news buried as soon as possible in the run up to a meeting as it's not common sense to meet freshly angry Shareholders :D I think the BOD are running at this like men possessed and if the turnaround hasn't manifest at least slightly in this set of results then I'd be quite surprised.

Is there any shares you are positive on AC?

8.3% freefloat... My.. that is tight.

I am fully aware of the math, risk and 'alternative' ending here AC... but it's the same deal wherever you fancy a trade obviously.If we dip below 2p then I need to be looking at a 60% bump which goes without saying.. However it's your mate 'Naim' on Twitter who is going full blown white knuckle with his short.. with this freefloat, the mere threat of a squeeze wont end pretty for him I can assure you of that. Each to his own of course but surely there's better bear cases out there.? I could name a few.

I don't speak for everyone but 30-40% from here will do me. I am in because of the ridiculous freefloat which leaves around 30m shares for the market to play with, which will play a major role in the light of any good news... Now LCG have products and services out there which people use and I can't remember ever being bombarded with as many served ads like I get from LCG so i see a company really trying to get their message out there and it could be fair to say that there's not many people in our 'game' who aren't aware of us.. we could almost argue we are a 'household name' as much as Spreadex are... I am also factoring in that by now LCG have to be close by now of spinning a profit after all this time or given the level of advertising be at very busy at the very least.. The more 'right' I am here then more pressure will be put on the freefloat and it will move quickly.. I remember #JOG and #IRR being this bombed out with a similar ridiculous freefloat.... thats what i'm thinking anyway.

It was recommended to Shak by a guy with 20 followers... Shak actually said it's too small for him.. albeit he said 'looks crap' but it was the clown with 20 followers who said he opened a short.. .I am no Waseem but my grandmothers cat could of called CTAG toppy at 22p+ just like 80% of Aim did and the sensible people had already cashed 4 bags by then...... However i dont believe Shak has given LCG anything more than a precursory glance because i believe he would of mentioned the 9% freefloat which couldn't be ignored when shorting even the most toppiest of SPs... i believe its called 'infinite risk'.

Hey guys...old faces.Well done Animal. Look. http://marketrealist.com/2016/08/future-growth-options-anglogold-ashanti/ Apols if already posted.

The midwife gave me these shares..just before she weighed me!..I keep them out of sentiment rather than hope. Are we simply a shell now guys? A full 7 months and apart from a speeding ticket and FY results we've had nothing. Even as an RTO vehicle new Aim rules dictate someone will need to seed this up to the tune of £6m. I have no answers and it's been a longtime since this kept me up at night or caused a daydream.. We are light years away from production even with the mother of all Jvs.. and outfits with a smaller resource than us have made tenfold more progress. Because there is some juicy assets out there for knockdown prices...our 600koz inferred may fetch as little as 50p an oz if sold as a mere data set within a distressed asset...although we're all aware that a jv is all it would take to set this alight. I thought Giles was going to hit us with heavy newsflow but we used to hear more from Mr Pearl. I just don't know!! BUT ...It still moves like Usain and those placing shares are v.tightly held & we must have £400k in the bank.....AND...it's almost TOO quiet and this always seems to erupt violently just when you think it's dead.....exactly at times like this. And someone is taking chunks here..No doubt in my mind..... but we still need news. As ever my beloved SMA looks rudderless and even I am unable to highlight any real positives. We seriously need a real update.. As ever..GLA.

Coming into Q3 now so we can expect news soon obviously. Good aisc and first year recovery expectations will re rate this to a £10-15m+ mcap comparative to our peers. However no one in town has a cheaper portal to production than us and that's why I can't wait to see the numbers... Unloved but not for long..very easy money for the semi-patient when it comes. Gla

6.2m mcap = value. It MAY be the case with KRS yesterday that it already had a lot of good news priced in. A year high 20m + mcap looked chunky @1.7 compared to year low of 0.375. Now the market knows that KRS have delivered on promises and that it's not jam tomorrow so we can safely say KRS have had that mcap underpinned and have a great base now for further news and the market KNOWS they are making money so even without upgrades or aquisitions KRS can look forward to at the very least is slow subdued growth..its a safe place to put money IMO. However NMG have lots of parallels with KRS but we caught a much later train therefore OUR journey is only really beginning. We don't have a production date...we don't have first year recovery estimates although it's likely to be over 50,000 tonnes with no strip involved and we don't have capex..ebitah or AISC projections. All we really know is there's lots of gold,silver and copper with one of the cheapest portals to production I have ever heard of. When the full picture is unveiled here and all those unknown factors are revealed..then that is when our REAL re-rate will move like a bullet train. 6.2m mcap will nudge 20m mcap quite easily with the right news Be patient.Ignore the noise.wait for rns. Gla.

My favourite kind Holding solid..barely need to check in. Production dates and numbers please. Let's light it up. Gla.

I think this is primed. Sit back and enjoy the ride all the way to production.