Member Info for sportbilly1976

Don't think this is additional 'large' seller, or new stock from existing one - Canaccord small fund went in the summer and JH most likely cleared with the 350 and 450k trades reported the past week or so...most likely just a MM taking a turn on stock recently acquired.

Just further opportunity to get some volume (if funds permit for people) at this level

Line of stock being worked at 27.4p currently

155k can be bought at this price, then 156k is 28.4p

My thought - it is relating to financing.

It has been commented that some in the City are expecting the Company to issue shares for the financing...possibly by getting this signed and agreed at this stage it will kibosh any pretense the City boys might have of getting in on the cheap.

It is too early to be related to results (April 14th last year), so unless there is a left-field corporate items I'm struggling to think of alternatives...permitting is winding its way along a pre-determined timeframe

Been thinking there is a seller around for some time....26.5p has consistently had a wall of stock available

Currently though just 3.5k max at 25.5, 25.7p wanted for even just 5000 shares.

At some point though, those shares will be absorbed and then supply won't be there to meet demand.

All these for just £26mln??

https://twitter.com/landore_plc/status/1488033001581723649

...follows on from 350k reported last Monday at 25.6p

Just looking at the copper v nickel element

we have confirmed 76kT with potential for B4-7 to take this over 100kT...nickel currently >2x price of copper per tonne ($22,700 v $9,660 per tonne)...so there is an argument that our nickel is slightly more valuable than Havieron's copper.

Bill believes there is ~$2bln of battery metal resource within Landore's area...given the potential of nickel to firm more than gold this could be worth more ironcially than the BAM/Junior Lake gold.

Hence why, in my opinion, we should be selling the gold post MRE asap to focus on further B4-7 drilling during 2022 to get the nickel to >100k tonne (a similar threshold for buyers to the 2Moz is with gold)

https://twitter.com/landore_plc/status/1486953255372480512

Can they be any clearer (without hoisting For Sale sign)?

MRE due imminently...resource upgrade to (erst) 1.5Moz or so...with Bill's "perceived" 2Moz...majors had dataroom access for around a year now.

The Board most certainly need to put it in black and white that they are open to offers for the BAM gold, then use some of the funds to develop the EV metals resource from 76k tonnes to the 100k tonnes majors look at and then those can be sold next year.

Sub-25p is an incredible price for all of this and so once more putting money where my belief is

..a bit like having your house on the market and one on your street goes for 75% market value...dents the chances of you getting full price/premium on yours

Nope - EUA are in negotiations to sell some/most of their assets

..but they have a substantial nickel mine - so a low ball accepted offer here could dent the sale price they are trying to negotiate

potentially sets a precedent for nickel asset/mine prices within Russia

not moving the sp though.

clearly the market does not believe the offer - they would not be trading it at 50% discount if so

One week to go until the MRE potentially lands and the Company (thankfully) switch their social media across back to the gold resource & strength of Canada globally for precious metals, whilst still highlighting the other battery metal resources which will be there for development with some of the sale proceeds (a nice divi to shareholders with excess would be good)

https://twitter.com/landore_plc/status/1485878471788220417

Also a few being hit too...could well be a bit of covering going on

26.046 - 26.1998 currently on 50k

Hope so...given the significant disconnect between market value and resource value, you would think they would have HNW / institutional clients happy to take some here

https://twitter.com/TommyT_5/status/1484129003447500806

Excellent summary table here showing why they wanted these recent step out drills added to the MRE workings!

https://twitter.com/landore_plc/status/1484053825501683715

With Nickel going from sub $24,000 to over $26,000 / tonne overnight....just the increase in nickel price over the past TWO DAYS when related to our I&I resource of 76,845 tonnes is over 4x the market cap of Landore.

Clealry the Board are looking to Landore v2.0 here - firm up the B4-7 resources (estimated at 18,000-24,000 tonnes in the 21st October rns)...firm this and we get over 100,000 tonnes - which Bill himself has said is the threshold at which majors look at us.

So sell the gold resources in spring'22 (£150mln+ / £1.25 or so)...use some of these funds to firm up drilling and get the I&I nickel resource >100k tonnes and then sell on this resource too, hopefully late '22 / early '23.
What price $3bln or so of nickel equivalent in situ resources?

Nickel now showing on Kitco as >$23,000 / tonne

Even at 10% in situ value it would be an almost 10x return from current prices, stripping at ALL value from gold & other metals.

https://twitter.com/landore_plc/status/1483708017917014016