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LRL Leyshon Res

0.425
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Leyshon Resources Investors - LRL

Leyshon Resources Investors - LRL

Share Name Share Symbol Market Stock Type
Leyshon Res LRL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.425 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.425 0.425
more quote information »

Top Investor Posts

Top Posts
Posted at 27/8/2014 16:51 by sirraman
hope its a deal.... but been here before..most probably a major
investor trying to sell around this price and MMs as usual
making
their turn....but you never know eh... no usual RNS ref "know of no
reasons for sudden share price rise..etc" ...so maybe a RTO... :o)
Posted at 14/3/2014 14:08 by profith
guys third company mentioned buys starting 2x1m SEFTON/SER

The Aim-listed Equatorial Palm Oil,Sefton Resources and KEA Petroleum made big gains on City rumours of impending good news from the trio.

hxxp://www.thetimes.co.uk/tto/business/markets/us/article4033334.ece
Traders on Wall Street took fright last night after a day in which world stock markets were hit by rising concerns over Russia's standoff with Ukraine, slower growth in China and the growing threat of deflation in the eurozone.
The Dow Jones industrial average closed more than 230 points lower at 16,108 points despite having opened in positive territory after better-than- expected domestic data on retail sales, while the number of people claiming unemployment benefit fell to a three-month low.
The Standard & Poor's 500 index also slipped more than 1 per cent after European bourses finished.

Labour's business credentials were dealt a blow in a note on the European energy market from HSBC yesterday. The bank said the decision of Centrica, British Gas's owner, to invest in the US rather than the UK has been "vindicated" by Ed Miliband's pledge last year to freeze energy prices if elected. Analysts said its shift "to higher-producing areas such as Norway and the US and away from the UK" justified its overweight rating, helping the company up 6.9p to 334.8p.


HSBC also downgraded the energy provider SSE, off 8p at 1,417p, due to "increasing uncertainty about the implications of a Scottish referendum".

Another day, another twist in Vodafone's attempted takeover of the Spanish cable operator Ono. After reports last week that it had tabled a second bid, thought to be between €7bn (£6bn) and €8bn, Ono's shareholders yesterday backed plans for a market listing in Madrid. The company's board are said to be still mulling the bid but it piles the pressure on Vodafone, down 5.15p to 224.4p, to up its offer.

The FTSE 100 marked its fifth day of losses yesterday, down 67.12 points at 6,553.78, a five-week low. Retailers led the way down after dire results from WM Morrison spooked investors.

One high street regular to make gains was the DIY group Kingfisher, up 4.5p to 407.4p, It was boosted by strong numbers from Home Retail Group, which rose 10.3p to 215.4p as it announced a sales boost at Homebase.

Despite falling profits and job cuts, Numis was upbeat on Barclays yesterday, saying it is meeting regulators' capital requirements faster than expected. The bank clicked up 1.9p to 235.65p.

On the mid-cap index, the online gambling group bwin.party made gains after revealing it was on track for a return to growth this year. Investors placed their chips on the table and the company rose 4.5p to 126.6p.

The Aim-listed Equatorial Palm Oil,Sefton Resources and KEA Petroleum made big gains on City rumours of impending good news from the trio.

Gulf Keystone Petroleum slid 23.75p to 120.25p after lowering output guidance on its Shaikan site in Iraq.
Posted at 31/10/2013 09:25 by pro_better
the fact is that Zinijshan project has progressed since same time last year albeit in a lower pace as co has anticipated....and more important is that they will continue the exploration on that asset...

also the company is recruiting big names in the industry....

also they seem to have lined up chinese investors for asset acquisitions and there is also an invitation by CNOOC to participate in the forthcoming tender for one of twenty five offshore gas assets...

then they are looking for opportunities specifically related to Mt Leyshon which imo means the gold asset is up for sale or a partnership on the cards to feed nearby operating mills...

so adding all the above, it is strange that market values the company less than the cash! we know the current asset is in the progress of creating value...we know that they will be buying more assets and we know our board will be much much stronger....surely a buying opportunity imo...

there were couple of big worked trances in the last days which imho might be someone accumulating...maybe a chinese fund, maybe Atherley? i wont be suprised if i see a holding rns soon tbh...

all in all, the company will continue its exploration efforts in Zinijshan, they will buy more assets, they have lined up investors and they have positive answers for funding the acquisitions, they have arranged some heavy weight resumes to join the company...surely there is a plan for the company to grow significantly and 2014 remains the year when the big picture will be revelead imo...so new investors buying below cash now looks to be a fantastic opportunity imo...
Posted at 24/10/2013 13:07 by saikat
Graham, very good point. Warrants a small discussion. It is always a moral and ethical dilemma for a management to force/remove small investors with a delisting from their exchange because these small investors are often the most helpless in not being able to incur the transaction costs of a listing elsewhere. They may have to take a loss for no individual fault of theirs.

I have often thought about it and then you ask yourself - if this ASX listing is not removed, it will continue to affect the welfare of other holders (AIM) and generally the company's share trading everywhere by the gloominess and disinterestedness in Australia. Even finance raising (if needed - probably not relevant here) of the company may get affected. Is this ethical/moral or welfare enhancing? So, there is the dilemma and that should be the logical conclusion societally - sacrifice of a section for the greater good.

In this instance, everybody on ASX will be given the option of holding shares on AIM. If they do not want those shares, they will be told that their shares will be sold in the first few days of AIM trading, and money reimbursed. It is still messy and there maybe legal/structural complications. But it is not nice for the few serious ASX small investors to be given this choice where they may have to take losses through no fault of their own.

Ultra - leave Diablo alone; he had a question, he asked and John answered very nicely.
Posted at 09/10/2013 14:22 by saikat
Just to continue on post 12984 and show the general dangers in junior resource sector investment currently. I hope some of you read this as this is long but important, and quite often missed by some PIs.

The important bit in post 12984 is this - `However, very careful investors will rarely touch any industry with very uncertain future returns in this setting - so junior resource sector will be largely out for them as risk premium on future uncertainty is too high.'

But this creates dangerous feedback loops which worsen the situation. Because careful investors are missing from the show - like many institutional investors - there is a serious cash crunch because the junior sector seldom has cashflow, yet constantly needs capex. The missing `careful investor' problem has been handled by the market (the market always evolves and opportunities arise where no one wants to tread) in the evolution of new investors who are of the Ponzi type (e.g. Darwin Strategic) who deals extensively on convertibles (often with Volume Weighted Average Price) conversions on both interest and principle -
whoever takes their help and have no cashflow yet capex, will risk being drawn into a constant cycle of `dilution to death' or thereabouts. Some days back it was the turn of Beacon Hill Resources to get into this potential trap.

This threat of being diluted out by the Ponzi financiers makes the risk premiums for future returns for careful investors even higher and you are caught in a `feedback loop'.

You cannot directly fault Darwin Strategic because they sense an opportunity - since they also take a risk as no other normal financiers are available to pass on the buck to- they can be the last one to hold the diluted shares if the firm gets trapped too badly - so they are severe with the dilutions and make some of their returns by selling/shorting these shares.

Moral of the story - before you invest (beyond a quick trade) in junior resource sector in todays's climate, make sure that either there is cash or cashflow or good reasons why the company may be able to come out from a Ponzi financier trap
soon enough.

Fortunately, LRL has the cash. I also like the fact that if they find gas, connecting to the Linlin pipeline will not be infrastructurally expensive. This reduces at least one dimension of future uncertainty risk premium.

Ok - thesis complete. Sorry for being too serious.
Posted at 09/10/2013 12:10 by ultrapunch
Volume very low, though total buys outnumber total sells by around 3 to 1.

RCT is correct when he says discounts to cash can get very large. CDC is a case in point. It all depends on what investors think of the LRL assets apart from the cash. I think the current share price weakness since the drop on the ZJS6 water problem is mostly down to the drastic slowdown in the Zijinshan work program. The 2014 work program was brought forward to 2013 in February. Now the work program has reverted to 2014. The slowdown means any gas production and consequent cash inflow from Zijinshan is going to be delayed by some considerable time.

What I think and what diablo1967 think is immaterial. We are just 2 investors. Just 2 very amateur investors. It's what the pro's think, not the amateurs!!

PS. diabolical1967 has got his timing wrong on LRL. He could have bought a lot cheaper. He is not as clever as he thinks he is!! I admit I got my timing completely wrong, but then I don't profess to being an expert on shares. I admit to being an amateur; a novice investor.
Posted at 08/10/2013 13:29 by ultrapunch
I make it just circa 40k of LRL shares have been bought today. That's around £3.3k. There is just NO interest from investors even at this low price. NO DEMAND. If you can't understand that simple fact diablo1967 then I just give up on you.

The MM's are not stopping investors buying at this low price. It may be a "screaming buy", but investors are not exactly queuing up to buy!! I'm sure if diablo1967 wanted to buy 100k of LRL shares right now the MM's would let him have them at 8.25p, or failing that sub 8.50p.

There needs to be some kind of spark that will ignite investors interest in LRL again. I fear that unless PA announces the fracking of ZJS7 soon then we might have to wait until 2014 for that "spark". Unless, of course, there is some kind of corporate action, such as an acquisition, before the end of 2013.
Posted at 28/9/2013 15:28 by the millipede
FWIW I think, having met him and spent a considerable time chatting to him and Lily Cong (Investor Relations), that PA knows exactly what he is doing and he is very clued up about the technical details of this project as well as the risks involved. There is absolutely nothing shady about him IMO - and I believe there are plenty of directors on AIM with whom he compares favourably.I was not able to attend any of his presentations here but I know he was surprised by some of the reactions - esp the moron who wrote threatening emails to Lily - and I can not help but feel that if you did not understand from the outset that nothing is guaranteed apart from the drill costs then you should not be investing in AIM. I notice the RNSs now make the early stage nature of the project crystal clear - I do not believe this reflects a change in PA's view of the project but an increasing awareness that many of his investors know absolutely nothing about his company.Having said that, people buy and sell for all sorts of reasons. There is nothing wrong with selling now, even at a large loss. I certainly would do if I did not think there was still a chance the upside might pay off and there is nothing to stop the share price reacting very badly if Zijinshan fails. But the good news: (1) Leyshon's cash balance gives them options, and an underlying value, other AIM exploration plays can only dream of. (2) In fact the drill results so far have been almost entirely positive. (3) Leyshon's cash means even a tanking share price won't impact the business - again few AIM exploration companies can say that. (4) Paul's track record - don't forget where the cash came from - is already established which suggests his decision making is sound.Good luck to everyone, wherever they invest. This is not a competition - we are (or should be) in it to win, not to trample all over less fortunate or less well informed investors. All the best, TM
Posted at 26/9/2013 17:54 by ultrapunch
"The company may have mentioned water in the RNS just to cover themselves in case they do experience the same problems as with ZJS6."

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Good point sciper. I think that is making potential investors very cautious. I believe the net pay zone for ZJS7 will be as good, if not better, than with either ZJS5 or ZJS6. However I do believe investors are worried that they will not be able to stop water ingress after fracking and during flow testing, like with ZJS6, if water is present. If that's the case only a successful flow test result with ZJS7 will make potential investors more confident in the future.

I do think the current LRL share price is pricing in failure, though bad news could still lead to a circa 20% drop in the LRL share price
Posted at 02/7/2013 08:54 by rvsy38
Milli
The computer share holding comprises shares held by UK investors in nominee accounts plus the large percentage around 8percent bought by a major Chinese
Fund about 3 years ago.
I find it useful to monitor holdings by large named private investors such asPeter Middlemas - these are real long term investors who don't mess around trading.
Who once said patient investors make money from impatient investors.

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