Member Info for uinsionn

Trades going through on nex exchange mate, turned it to NT in no time must be a big buy order

Now NT to buy trades going through on nex

Plenty of informative posters on here, what’s the current cash position of the company I see they had 1.9m in December, but spent 2m in the 6 months prior, so at that rate there cash position is low I would imagine, wonder if the company will take this golden opportunity to raise some much need cash, any views on this

A HNWI who is a friend of mine is taking a position here, initial order in and looking to be filled, hopefully he likes the company to go heavy on this one, he is a investor so will be taking a long view on this one, rattling behind the scenes seem to point a tie up between lvcg and a couple of huge household names who are heavy in the gamification and world tech space, could be a major boost for the share price.

They are not theories Leon has known links to Chris groves, the company they just bought is a loss making company that cost 1.3m, the other company involved is a Cyprus based company and we know Zorbas has links there, the links to Leningrad are all there which was linked to Leon and Zorbas , these are not conspiracy theories these are facts mate all easyto prod with very little research

Looks like the refinancing isn’t going too well no update on that instead some dodgy Rns on some loss making company that is now worth £1.3m with connections with Leon through Chris groves and Zorbas with some dodgy Cyprus company, think shareholders need to get Zorbas out of here before he fucks everyone over

That has never stopped some of these guys before maybe they opened a short position who knows, Zorbas and his mates don’t believe in tr1 or rules with regard to companies and share dealings

It was making money the last time it went bust, it was the debts that brought it down, the same debts that still sit heavily on the company right now, never judge a book by its cover scratch a little deeper

I would get out before this guy starts dumping his £1.3m worth of shares along with all the other rats seeking to get out of the sinking ship

Just looked up this loss making company worth 1.3m seems Chris groves is involved I think he is a mate of Leon from the evidence on this thread they have links https://whocallsme.com/Phone-Number.aspx/01792466792 . Company house https://beta.companieshouse.gov.uk/company/11499129/filing-history looks like a Cyprus company linked here, like all the shit Zorbas is involved in Cyprus

On time as promised again and looking good for the extension of the mine, all the results so far have been fantastic and zinc prices are flying, they are looking at a viable project here, with really good economics

Soil sampling work in a new target area near the Ox Mountains Fault has been completed; results are pending and expected to be reported before the end of Q1 2019. A metallurgical study involving a bench flotation test and a bond mill test on material collected from the Abbeytown mine is also being undertaken by Wardell Armstrong. This will define the potential zinc, lead and silver recoveries and allow us to start looking at the economic potential of the project. The key benefit of the Abbeytown project is that the mineralisation is essentially outcropping with good existing underground development allowing for a low-cost start to any future mining activity.

The Investing News Network caught up with Rory Townsend, senior research analyst at Wood Mackenzie, at this year’s Prospectors & Developers Association of Canada (PDAC) convention to get more insight on the zinc market.

“We are expecting [2019] to be the fourth successive year of [zinc] metal market deficit,” Townsend said. Wood Mackenzie is forecasting a metal market deficit of around 500,000 tonnes.

Townsend said he expects 2019 to be a good year for zinc, as a decline in inventories through the year should provide fundamental support to the zinc price.We’re seeing prices peaking at around US$3,700 a tonne in the second half of this year,” he added.

Speaking about the US-China trade war, Townsend said, “there’s been a little bit of positive sentiment [in March], with some indications that there is going to be some sort of resolution or at least communication between [the countries].”

“I think investors’ sentiment is definitely going to hinge upon whether we see progression with the escalation or deescalation of the trade disputes, and that’s going to flow through directly into metal prices,” he stated.

Townsend also shared his thoughts on smelters and why investors should pay attention to utilization rates.

“[This year] there should be increased availability of concentrate, but we are seeing some potential issues around concentrate quality,” he said.

Looking over to demand, Townsend talked about China, the world’s largest consumer of the metal used to galvanize steel.

“We’ve seen clear signals from the Chinese government that they want to pump more money into infrastructure spending to stabilize the economy,” he added.

Watch the video above to learn more about his thoughts on zinc prices, demand and supply and what’s ahead for zinc. You can also click here to view our full PDAC 2019 interview playlist on YouTube.

Zinc prices climbed to $2,845 a tonne on Wednesday after data showed LME warehouses now hold little over 58,000 tonnes of the metal; less than two days’ worth of global consumption.

Inventories are down 55% this year and are on course to arrive at levels last seen in 1990. Zinc stocks peaked in 2012 at the height of the commodities boom, reaching 1.2 million tonnes.

Inventories held by the Shanghai Futures Exchange are more plentiful, but low inventories of many metals in LME-registered warehouses are helping to bolster prices despite weak economic data from top metals consumer China. Reuters reports:

“The exchange stocks being at very low levels are understandably keeping many market participants on edge about the outlook when there has been speculation that a (US-China) trade deal is near,” Ross Strachan, senior commodities economist at Capital Economics in London told Reuters.
Last year China imported 713,000 tonnes of zinc – the second consecutive year of record imports.

Wednesday's price for zinc, used mainly to galvanize steel, compares to an all-time high of $4,580 struck in November 2006. During the depth of the global financial crisis zinc came close to falling into triple digits.

I have added a big amount to my position, our time will come easy 4 bagger from here on right news

Mopping up the shares 360k yesterday after the bell buy and another 350k today looks good someone taking a large position, only need 930k for a tr1

Strange it’s still under cash after yesterday’s update

Spread is tight they are putting everything through as sells when the 5.60 are clearly buys

Soil sampling work in a new target area near the Ox Mountains Fault has been completed; results are pending and expected to be reported before the end of Q1 2019. We also got this to come in the next 2 weeks

What’s the potential value in the ground, could be getting bigger on extension results in 2 weeks, prices now higher than this too
Estimate 8mt at 12.5% combined = 1mt * $2500 = $2.5 billion, 500,000 per year mined gives a mine life of 16years. That’s about 10000t per week *12.5% = 1250t ore * $2500 = $3.1m per week or $163m a year. As it’s a brownfield site it means very low capex, this could be interesting for some of the big players currently looking for sites in Ireland or a smaller player looking for a manageable project with low capex they could mine easily. Should get a good guide from the next set of results which are due in the next couple of weeks, company also saying will be giving guide to what the size of the resource is, but don’t forget already identified extensions
Positve Newsflow. Since we have found extension and now drilling further this above resource has the potential to double in size more updates in Q1 with regard to expansion and looking towards economic value