Landore Resources Share Discussion Threads

[rental] 12/1/2023 08:25

stop losses taken out and away we go again

[sportbilly1976] 12/1/2023 08:25

JH if you took the time to engage with the company you would know...from memory in the podcast they said 'strong interest'

[rental] 12/1/2023 08:24

no brainer to top up if you already a holder,
me included

[nametrade] 12/1/2023 08:21

Why did they not take 12p off this morning? All the whining willies are just short termers or traders like JH.. If you’re here for end game and believe in the story here it really doesn’t matter.

[john henry] 12/1/2023 08:20

Sportbilly where does it say multiple offers etc. The RNS tell us " Discussions are progressing well" the same words used when talking with the gold companies. We know what happened there.

[dragon35] 12/1/2023 08:17

Until there is clarity on funding the drill and PFS market will expect a discounted placing. If they give clarity on funding then the investment case is very good but until that is sorted we have a problem. He mentions farm in agreement so maybe something is going on but it's all guesswork and company really needs to do better.

[sportbilly1976] 12/1/2023 08:06

with respect - my username is not tricky to spell correctly.

[sportbilly1976] 12/1/2023 08:05

JH,

well in that case the market are widely off the mark.

[sportbilly1976] 12/1/2023 08:05

JH,

they had multiple offers for the lithium and pursued the best one form the Company's view in terms of cash...legals and conditionality have dragged it out.

[john henry] 12/1/2023 08:04

Absolutely there is a difference Sportybilly the market is concluding that the Lithium deal is unlikely to be done and a deeply discounted placing will be needed to fund another large drilling campaign.

[cyrilsneer1] 12/1/2023 08:03

Load up, load up, that is a gift for this morning.

[sportbilly1976] 12/1/2023 08:01

There is no difference in the Company this morning to yesterday...

if anything we now have from the Company that 2Moz gets it sold (an error from Bill last year to say that 'perceived' was good enough) - clearly in the environment last summer/autumn it wasn't

Lithium deal completes imminently which provides funding for spring/summer drills and the PFS to get the 2Moz M&I the buyer want to see
Board changes are happening which sees Bill move sideways (his excellent first nations relationships is a plus to the Company to retain)

The only surprise for me was the battery metal drills later this year - have the unreleased drill findings been that positive to pursue those and add further value?

[john henry] 12/1/2023 07:59

sportbilly1976 Is this the Lithium deal that was to be concluded by Christmas.

[john henry] 12/1/2023 07:57

Looks like a 20% mark down at open

[sportbilly1976] 12/1/2023 07:56

john henry,

with respect that deal is still going through.

If you are that disappointed sell up ...take the loss and move on...go whinge somewhere else

[cyrilsneer1] 12/1/2023 07:48

If you listened to the latest podcast nothing in that RNS should surprise anyone, only downside is a lithium deal hasn't been announced yet. MMs will mark this down but it'll be a good opportunity to buy in Imho.

[john henry] 12/1/2023 07:44

Ouch cannot even sell the Lithium

[amaretto1] 12/1/2023 07:14

Last one out ... turn lights off ... Zzzzzz

[sportbilly1976] 10/1/2023 15:17

Gold making another go...$1,880 now after a few days sideways move

[sportbilly1976] 10/1/2023 10:59

SP Angle morning note comment on gold today:

Gold holds higher ground following 15% rally on weaker economic data pressuring the Dollar

• Gold has held ground around the $1,880/oz mark, having climbed over $250/oz over the past three months.
• The dollar failed to move higher amid a non-farm payroll beat last week, with the index sliding back to 4-month lows around the 103 mark, boosting gold’s rally.
• Traders continue to bet on a Federal Reserve pivot, with US Treasury yields falling as bond buyers step in in anticipation of more dovish policy to stave off a recession.
• Despite the recent rally, Gold ETFs have been steady sellers, with traders likely taking profits. Gold ETFs sold $60m worth of physical in trading yesterday.
• Central Banks have been a major driver in gold’s recent rise. CBs bought 400t in Q3-2022 alone – their average gold demand has been 500t per year since 2008.
• China and Russia are both boosting reserves amid geopolitical tensions in and America’s weaponization of the Dollar following Putin’s invasion of Ukraine.

[john henry] 09/1/2023 14:33

SB1976 As far as im concerned it is negative, if he had invested it would have been a vote of confidence and positive.
Sprott would be fully aware how undervalued LND compared to its assets
dweedle dee and dweedle dum at the helm may have been a strong reason not to?

[sportbilly1976] 09/1/2023 14:13

JH - and are you aware of the reason for him not to?

Could have been a host of reasons for him not to, you're trying (once again) to post a negative slant.

[john henry] 09/1/2023 14:01

jmr Gold worth remembering Sprott LNDs most significant, influencing investors opted not to invest more money into LND at 20p.