Landore Resources Share Discussion Threads

[frogkid] 21/10/2021 08:42

I've increased slightly at 25.4

[tizzer] 21/10/2021 08:29

It would to anyone who had another agenda.....pond life stand out a mile!!

[billthebank] 21/10/2021 08:26

The co has enough funds till Summer 2022

[the stigologist] 21/10/2021 08:21

Looks and smells like a pre placing ramp

[frogkid] 21/10/2021 08:08

Interesting times. Unless the RNS is promising untold riches tomorrow the masses move elsewhere.

[frogkid] 21/10/2021 08:02

Thanks Jungmana, I'm new to this one.

[jungmana] 21/10/2021 07:59

Fully funded till June 2022 but imo the gold will be sold off within 6 months. $3.5bn inground value of gold and battery metals with major miners circling already

[someuwin] 21/10/2021 07:59

Part of today's Cenkos note...

"* A new Preliminary Economic Assessment and Resource Report expected prior to the yearend should put some updated economics to the growing gold deposit with defined ounces moving towards a multi-million ounce Resource.

* With a 1moz Resource and a PEA giving an NPV5% of US$203m (108p/fully diluted share), at only US$1,500/oz, on the extended case, the upside is clear. With estimated AISCs of US$816/oz and NPV modelling being highly sensitive to prevailing gold prices, Landore still looks undervalued. Based on our modelling NPV5%-1650, assuming further capital is required to reach a construction decision and 0.25x NAV for the PEA stage, we maintain our BUY rating and value Landore at 66.3m (52p per fully diluted share). This is a 2x uplift on yesterdays close with drilling re-commenced and an updated PEA expected in Q4.

* In addition to the BAM Gold Deposit the Junior Lake property is host to Battery Metals Resources including the B4-7 Nickel-Copper-Cobalt-PGE Deposit and Alpha Zone, and the VW Nickel-Copper-Cobalt Deposit. Management is currently reassessing these assets given the increasing interest in Battery Metals, and rapidly escalating metal prices. With battery metal deposits in a safe jurisdiction, it may not only be the potential of a multi-million ounce gold deposit that attracts people’s attention.

...With nickel recently hitting over $20,000/t ($9.07/lb) these assets may be a hidden treasure in the Landore portfolio. Two-thirds of primary Nickel demand is from the stainless steel sector. The global nickel market has the potential to grow significantly with the electrification of transport meaning that battery sector demand for nickel continues to increase, becoming equally important consumers of nickel with stainless steel. The Junior Lake Nickel is the highly sought-after Grade 1 sulphide nickel suitable for use in Battery Metals."

[frogkid] 21/10/2021 07:49

Definitely exciting times ahead. Too much going on not to make money on this one. I was confused about the financing, end of year, April 22 or June 22. I have seen or heard all 3.

[robers98] 21/10/2021 07:26

Listen to Bill tell Sarah Lowther about when investors may find out just what is ‘in there’, casual conversations with Xstrata, why the core crib, groundhog or not, could contain Christmas gifts for shareholders, and why Sarah thinks the brokers need a kick up the backside.

[burtond1] 21/10/2021 07:17

Undervalued and ready to take off for @landore_plc "...we need to leave a lot of exciting stuff for other people, otherwise they just won't come in..."#LND CEO Bill Humphries expands in much further detail here with @copytasterhttps://total-market-solutions.com/2021/10/landore-resources-oct-2021/

[frogkid] 21/10/2021 07:16

Well there's the RNS. Recommence drilling and battery metals review.

[the skipper] 20/10/2021 13:43

Gold going gang busters today:
A break of $1800 an ounce should see a wall of money coming into both producers and explorers imho.

[neo26] 20/10/2021 13:19

StigStick to DDDD mate.As soon as they refused the directors put their money where their mouth was.Polx will eventually get their approval.

[the skipper] 20/10/2021 13:03

Nice intraday reversal seems to be underway. Meanwhile have a read of this:

[the stigologist] 20/10/2021 12:42

LOL

neo26 - 04 Oct 2021 - 14:44:28 - 1328 of 1937 Polarean Imaging PLC - POLX

Dr Paul Jordan fund manager of Amaty said it would be extraordinary and remarkable if this wasnt approved.

[stark industries] 20/10/2021 12:31

I'm waiting to buy more so let's see how low they take it with the sells No worries here

[neo26] 20/10/2021 12:30

Can sell at 25.4p, so good shake.If one ia going to whinge about daily fluctuations this isnt the stock for you.Within 12 months this company is sold..

[neo26] 20/10/2021 12:28

Oh my god, its the stock mkt you will get buyers and sellers.The one that was killing the share price has finished.Some boughy at 20p so they may have sold.

[stark industries] 20/10/2021 12:23

I'm tending to agree with you as seller(s) still seems to be clearing his lot.

[john henry] 20/10/2021 11:44

Sportbilly agree but I also think a seller still remains clearing the last few dregs.

[sportbilly1976] 20/10/2021 10:59

we have a fund buying in here too currently...pick up what you can at these levels