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Mads having thought long and hard about our current position I can only conclude you are correct in your assumption that something potentially significant is happening... Dirkus I’m thinking of having a little nibble too... RD
Good idea Dirkus...
We can chat about how lucky we were to have got 20p per share, how it was all worth the wait and laugh at how we were once so pessimistic...
Seriously though, I’m based up north and more than happy to meet up for a drink when this is done and dusted and we've made our millions...
RD
Genuinely don’t know what to make of the current situation. Still hoping there’s something positive going on behind the scenes which will be worth the wait.
Enjoying the crack though and Dirkus feel free to ramble!
RD
I concur UR....
Many thanks chaps. There may only be a few of us here but this has to be one of the most sensible and informative boards I've been on in years!
RD
Can’t disagree with any of the below.
They appear to be in such a positive position but this is not reflected in the ever decreasing share price.
I’ll never understand the share game...
RD
I’d settle for an Audi in the middle lane UR...
Still think we’d have had news of a fundraising by now so I can only conclude we are in talks of some description.
I still live in hope...
RD
I gave up trying to understand the share game a long time ago UR!!I would have thought there would have been more buying had a deal been on the table but on the other hand I would have also expected details of a fundraising to have been announced before now if that’s the route they were going down. One thing I’ve noticed over the years is that things rarely happen in the timescale we hope / expect so we’ve just got to let them get on with it.In answer to your question UR, I’ve no idea....!!I am, however, keeping the faith.RD
Well another week has gone by with no news. Surely it wouldn’t take this long to do do a standard fundraising? Would it??!!
RD
We can but hope Mads!
You would like to think that negotiations are going on at a pace behind the scenes.
Suppose it all depends what sort of deal a prospective buyer / JV partner is prepared to offer.
Can’t see BH and RP letting LND go too cheap so maybe it is a positive sign that things are dragging on?
RD
Thanks Mads, must have missed this podcast when it came out last year. Very interesting... RD
That’s pretty much my thoughts Mads. Think you hit the nail on the head there. Hopefully they’ll have been speaking to prospective parties over the previous months and will have something in hand. Time will tell one way or the other. RD
Well the PEA report is 372 pages long. At page 20 I realised I must be thick and gave up! Another part of the jigsaw complete though.... RD
Blimey... Amen indeed.
Apologies, put vox markets (all one word) in the starred section. For some reason won’t let you type it in the thread...
The below is a Vox Markets podcast with Richard Prickett from January. You will need to enter ********** in the starred section. RD
https://www.**********.co.uk/media/5c34a04f7d424e00117c561f/?context=/articles/landore-resources-lnd-and-alan-green-on-hvo-rai-sati--02c8d3d/&jwsource=em
I don’t think £100 million is an excessive valuation, however I think it does highlight, with what the company is currently sat on, how ridiculously underpriced we are at present. Something will have to give soon. Depending on how you read it, the clues are there... RD
Completely agree Mads. Don’t think I will ever understand the stock market... RD
UR / Mads, appreciate reading your views on where we're currently at.
Shareminator are you still on board with LND?
RD