Leed Share Discussion Threads

[mumbai indian] 05/12/2013 09:08

I think Mr Patel will not let us down.

Not long now

[battyman2] 04/12/2013 16:04

A few million buys today over at ISDX

Showing up by .07%

Probably see a lot more activity tomorrow or Friday

[battyman2] 03/12/2013 19:42

BTW if you can't see your trade today it's here:

[battyman2] 03/12/2013 19:41

I heard that they have not lost their stake. Also that Patel has lined up some nice deals - news expected soon

[jojo_jo] 03/12/2013 17:17

Nearly 2 years ago, it was suggested on this thread that the Manas 'loan' was high risk, and, from a shareholder standpoint, a punt on the integrity of the Manas directors. I always thought there was a good chance Leed would be skanked by the corrupt Kyrgz boys (...£900k goes a long way in the republic!) Accordingly I bailed after a few weeks in mid Jan.2012.
This has come to pass, although only very recently 'owned up to' by Leed's directors. When I invested the share price was about where it is now, with one big difference: it was supported by about £750k in cash. There probably isn't anything left at all now. However, when they re-position themselves and some new cash-shell specialist investor (perhaps McKeon LOL) comes in this will be worth another look. Until then...

IMPO/DYOR/NAI
Jo


[PS. Here's a post from Dec.2011 verifying my view at that time...

JoJo_Jo
30 Dec'11 - 13:43 - 1431 of 2871 0 0 edit

The RNS indicates that the investment in the 'further project' could lead to the reverse takeover, not the Manas Coal investment.

I think the furore over Manas is a bit overdone, and there is a chance of disappointment. LDP loaned Manas directors £750k to get a licence transferred. This could fail, or they could take our money and run... anything.
Unfortunately being a former high-ranking government minister is more of a negative considering the extent of corruption in the Kyrgz Republic. There is also little love for the West in the Republic, especially now the new regime is trying to align itself more closely with Moscow, and the Yanks have been given their marching orders (coincidentally from their airbase in Manas). It has been posted on here before that the loan was very much a gamble on the integrity of the Manas directors. Let's hope they come good. What should LDP do if Manas ask for more money? That's a difficult one!
Still holding... and just advising against over exuberance in respect of Manas. Personally I wouldn't be wanting to buy more at a price = 4 x cash.
IMPO. ]

[battyman2] 02/12/2013 22:18

Well something is happening - an awful lot of buying today!!

[peea01] 02/12/2013 13:03

Rubbish. No chance of good news with this one

[ali00] 02/12/2013 12:36

Good news on the way as I predicted last week - get in now before it's too late!!

[narayana180] 01/12/2013 18:53

sweepie2, thank you

[sweepie2] 01/12/2013 18:49

Sorry not a holder used to be when PRS got involved but got out far too early, just looking at getting back in here as long as its not terminal

[narayana180] 01/12/2013 18:38

Looking at the the company they say that they are an Investment co,also looking at the :
Leed Resources PLC Final Results - Preliminary Statement at 20/12/2012, I wonder what is going on ?
Has any of you(Chesty1, sweepie2 or flasher2) got any feedback from the company ? Thankyou.

[flasher2] 28/11/2013 10:00

CHESTY, GOOD POINT!!!!!!!!!!!

[chesty1] 28/11/2013 08:33

I mean what else have they got....

Running out of cash & confidence is 0 who would buy into this...

[sweepie2] 28/11/2013 08:19

How much cash have they got left, has to close to present mc you would have thought?

[peea01] 27/11/2013 21:44

Chesty1 what do you mean was?

[kooba] 27/11/2013 17:50

Told Redmond a difficult guy to get a deal through too finicky....seems though he was happy to throw £1m of already depleted shareholder funds without any real DD..disgraceful and really should resign over this fiasco.

[chesty1] 27/11/2013 17:02

WAS a listed co.....

[peea01] 27/11/2013 16:30

RTO???This lot are incompetent. Taking directors assurances is no way to do business . This is a listed entity for gods sake!!!

[dorifij] 27/11/2013 16:07

Why not do the same as ATC/CICC JV conclusion as below:


"While we currently have no immediate plans to enter the Chinese coal mining industry, the joint venture with CIC-Coal, with its interests in Chinese coal operations, also brings new opportunities to utilise our coal mining and processing expertise to develop new coal mining projects in China in the future."

[johndee] 27/11/2013 15:25

Now the gamble has been lost.

[ali00] 27/11/2013 15:08

Just clearing the decks before a RTO is announced

[dorifij] 27/11/2013 14:49

CHESTY1
Here, nothing is guaranteed or impossible
Hope!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!