Member Info for NicetoMichu

Your response is much appreciated observantken. And very good post imho... here's to reassurances from the BoD with those upcoming results !

Impressive.
(With this and certain Africa assets all warming up very nicely, years of CB p+ss extraction may soon enough be replaced by years of CB significent metals extraction from sundry Global 'oles, which should do wonders for the long suffering shareholders wealth as we go)

Well put Taverham and Andrew. Increased resource figures will be be plugged in as they are identified as we go and I fully understood the resource needed to be further proven up from where AA walked away.. hence the drilling programs that are ongoing.. I'm pleasantly surprised that the initial JORC is pretty close to a viable open pit. I see that as a clear positive..and I'd be very surprised if that Jorc is not added to at least decently - and hopefully significantly - through 2021 drill campaigns.

nice to see this s/p bounce today.. predictable perhaps.. How big a bounce is the q.. 1p on top shout be sutekhs below interesting.. seems a punchy shout, but nice momentum currently and if you add a feel good agm on top, 3,25p to 3.5p may well be upon us soon enough.. In that case I may live to regret selling half my holding recently.. but i've added back two tranches - 2.3's and 2.8's - today so have a decent enough holding again here now..

agree that Ed moving on completely after a relative quick transition/handover would seem to be the most useful outcome from here.. having his salary on top of new ceo's salary for a company of this size for many many months is not a good thing imho ( unless he's being paid much lower consultant rates versus his old salary going forward.. I'm guessing not ?)

The sell in summer and buy back in September theme is that regular an occurrance these years that it's becoming a default rule for more and more market participants... and the lack of liquidity off the back is problematical for lower mid caps on down imho...and Kmr is feeling this effect too, seemingly.. ie i'd have expected this to be closer tpo 500p than 400 p now.... the only concern I have here generally is shipping costs increases.. but those increases on a total scheme of things can only be minorly detrimental to bottom line here I'm thinking/hoping? Otherwise everything is looking as good here as it has done in a long long time.. and so my 500p target by end August is still doable imho (my 700p target by year end is looking more of a stretch perhaps.. but I believe it's still doable too)

did a top up at the open to celebrate the changing of the guard here.. Good luck to the new CEO.. Can't say I'll miss Ed as I found him a dead head.

where's the fun in me agreeing exactly with the two and only Mullins and Troajan.. so i'll go 122.5 tons

https://www.proactiveinvestors.co.uk/companies/news/955837/landore-resources-lonlnd-presenting-at-the-proactive-one2one-virtual-forum---22nd-july-2021-955837.html

Good luck to all fellow xtracters in the coming weeks and months : Copper bricks galore and proper pr*cks no more !!

sad state of affairs with this share price, but I said I'd keep small adding if this continues on down and as it unfortunately has I'll stick to my word and just hope for EIA ok at some point..

so just added a small amount now at 9p.. and would add more again at anything under 8.5p.. hopefully for the long suffering here it doesn't go there..

I feel I/we would have to be very unlucky to lose the lot here .. but admit I wouldn't go to more than 5k gbp here ahead of EIA ok.. that allows me a couple of more tops ups . .. so the last one would be in the high 7's.. but this s/p won't go there surely/hopefully..

AIM is clearly suffering a summer lack of liquidity generally which is hurting here and many many more names too.

The accounts that have been delayed til - at latest - end Aug. are y/e 31st Dec 2020 accounts and while insightful for that period - whcih was a 'tough' period generally for Oil & Gas prices, alas - it's far more the 2021 performance commentary thats hopefully detailedly included in that update - including forward outlook/guidance to end of year 2021 hopefully - thats key in my mind

The O&G average PRODUCTION figures thru first half 2021 - and forward guidance for second half - are key here: The benchmark I have in mind is around end 2020 figures of approx 4000 boepd split broadly 50/50 between Oil and Gas..
( happy to stand corrrected if more up to date bechmark announced in within some 2021 so far RNS that I've missed as I dont follow closely?)

Overall costs for the year 21 are important too, clearly and... I'll look to benchmark those against previous year cost figures- in the accounts to be published by end Aug - too ( including guidance on estimated costs of Oil wells to be drilled later this year of course.. etc..)

From 2021 RNS's - and market data/ consenuss estimates for rest of year etc - we have a good idea of prices achieved/achieveable for Oil & Gas by ppc.... some some rough overall calculations will be readily doable I expect..

(with planned water flooding and long? radio silence on production figures so far this year, Mr Market is very suspicious on production, I guess... and me too.. as Napoleon Levine has UBER SIGNIFICANT previous form in telling you the good news asap and hiding the less good/bad for a long time.. and that less good/bad news usually being critical to the bottom line.. )

a punchy turnaround here, seemingly.. and caught me by surprise.. only managed to get 3k in here in the 90'sp so this rally is academic to me.. but good to see it for those with decent positions here who were suffering recently.. Im going to just watch and see for a bit now..
(was going to buy another 1k at 103p.. but didn't bother.. if it goes back to therabouts again I'll do it.. it may not of course.. and i'd add plenty more in 90's ..etc..may not see that again ..etc)

great if you're right Dad and you could of course be.. but still a bit early to say yet imho.. but I've done my bit by adding some back in the last 30 mins..

3.6 p ish as I type is disappointing .. pitty I didn't selll more higher ... at least I haven't added some back around 4p like I was thinking about..
Summer deadness in markets is not helping,... but I still believe in the large potential here and so am close to doing a top up here now.. but will wait a little longer to see if I can get it at closer to 3p.. if that's a sods law for a rally to start as soon as I post this, you're all welcome !

these are not small grants and the price is very low indeed.. close to insultingly low in my mind, I'd go as far as saying..

I do agree they are feathering their beds for an eventual sell up.. but my guess is that won't happen in 2021.. and it happening in 2022 somewhat more likely than in 2023 and 2023 plenty more likely than 2024..

ps; My main short term wish here is that the pesistent, in line with whatever buying is occurring, selling in the 27p to 37 p range stops.. its a major problem to this share even pushing on even somewhat..

Well written Urbanracer !

Absolutely agree that no commentary/context/colour included from Bill was poor/unhelpful..

Generally, AIM is very short termist and in play betting type place..... and many stocks like this do struggle against that backdrop as a rule.. 'Marketing man' CEO's help with that problem and our guy is not that.. but if he keeps proving up this resource as he is doing .. and he's right to keep proving it up, as there's so much still in the ground to readily keep proving up... then value will out in a sale of the assets for good money 'in due course' - eg within 18 months - imho.. so patience is the answer for me here.

decent but not strong latest assay results imho.. that combined with it being so hard to get this share sustainabally rallying generally may see some small players throw in the towel today.. Also there may well be an long ongoing background seller(s) just dumping into any volume that appears and happy with late 20's to early 30's p here. (I remain confident this is very unlikely to go under 25p whatever too .. and hopefully it doesnt go close to that low of course)

(And, again, I do think the ongoing selling is beyond just last placement flippers.. this has seen ongoing punchy drip selling for a LONG time now.. likely different size holders at that over that time too.. and remains an extremely tricky share to get a decent rally out of, alas.. and that is not a good characteristic ...and continues to surprise and disappoint me .. but I've already reconcilled myelf to the ongoing frustration here.. and remain patient and medium term - 9 to 18 months - meaningfully bullish here..

oops if that is the case sledgy121..

I don't follow this BB that closely, as this is not a priority share for me generally.. although when in play like recently and my bet bigger for one reason or other I do look in harder... there's a lot of posting to get through here too..

Good alias btw.. are you a top sledger ? :-)
So could it be J(ock?) Adam even :-)

lack of trust in management even at these share price levels ojay.. and/or redeploy capital elsewhere for quicker/better return, they 'hope'

Some good posting here , thanks all, not least J(ack?)Adam .. I still like this share somewhat.. but there have been and will again be plenty of similar AIM O&G stocks to play imho.. and there's huge chance involved in so many ways that I don't think most players have a semi decent even handle on the level of risk they're taking on any such stock.. eg I have a large AIM P/f and still wouldn't dream putting more than 10k gbp into such a stock .. and would dedicate half that pot to short term range trading too..

I will add some back here at some stage but will wait and see for a fair bit longer .. to be sure it holds over 3p ,.. hopefully for the suffering here it does.. (also even if this goes back towards 4p whenever, there is the placement participant flipping for their 10/15% turn sell as a rule brigade to get through then )