Landore Resources Share Discussion Threads

[john henry] 10/4/2024 08:49

Candlestick the admin costs should be very much lower since the start of the year.
With no operational activity they have enough cash for care and maintenance for at least 18 months.

Aimho

[danmart2] 10/4/2024 08:42

$5m raise for drilling programme will be a killer at these levels

[candlestick1] 09/4/2024 23:19

Trying to figure out the cash position, this is what I've got - be great have some input or discussion on it. Anything missed?Certainly in a decent position but will need something to happen in order to progress. My hope is that they'll be able to get a JV in place, or a sale - anything else certainly won't be to the benefit of shareholders.https://x.com/candlesticks18/status/1777823122168668574?s=46&t=ipW7IMp6GVgCsYSTs_Wd3g

[cyrilsneer1] 05/4/2024 16:11

One decent RNS and this turns around in rapid fashion.

[john henry] 05/4/2024 16:04

Gold ripping higher

[john henry] 04/4/2024 07:47

Gold Tagged $2300

[jmr_gold] 03/4/2024 14:56

I would go with that JH. Cannot see another raise at these levels, would be suicidal. You have to wonder what Glenn said to the 2.4p placees, pretty unusual i would say to have a 'desperate' raise with no warrants attached. Wouldn't rule out an outright low cost sale either, its not bill in charge anymore, Glenn wants out.

[john henry] 03/4/2024 14:28

Imho JV partner invests at the Asset level taking 50% for £4M. Partner installs a CEO proofs up 2M Oz and sells.

[john henry] 03/4/2024 14:03

Burton will be pumping this in order to get out. He's been stuck in this heap of shyte for years. However anything around 2p is worth a trade on the possibility of a JV

[cyrilsneer1] 03/4/2024 13:41

Wouldn't listen to him, his firm pumps some absolute dogs of shares.

[john henry] 03/4/2024 13:20

Not a chance until funding sorted.

[chutes01] 03/4/2024 12:34

recovery overdue now, value set to be realised.

[toolsmoker] 03/4/2024 10:54

3p plus soon looks like on charts .hopefully David Burton is correct .if this gets funded can see it back at 6p

[jmr_gold] 03/4/2024 09:04

News imminent if you believe twitter rumors - some form of corporate deal according to David Burton - JV? Producer taking 20% at a premium?

[jmr_gold] 03/4/2024 09:02

Absolutely Cyril. JV or sale here. $2250 gold price, 1.5 million ounce resource in Canada, 600k in the bank, £ 3 million market cap. It will be corrected.

[cyrilsneer1] 03/4/2024 08:54

No way in the world they're going to raise $5m now, there will be limited drilling unless we see some type of JV. This will be taken out at a lower Mcap than we thought but it'll be a lot more than the £3m Mcap we're currently at.

[tomzimerman] 03/4/2024 08:47

About time this had a pump, don't fight it

[neo26] 03/4/2024 00:09

They just diluted conpany by 20% to keep lights on.Now they need 5m for drilling campaign. Will you fund?

[jmr_gold] 02/4/2024 15:52

Grade is more than good enough for open pit, even at $1800, which was the basis of the PEA. Current NPV at $2250 gold must be sky high. They will get a deal of some form.

[neo26] 02/4/2024 13:12

This is not astounding asset, grade is low. There are many canadian assets with 2moz gold but with cash.This co is going bust.

[neo26] 02/4/2024 13:11

This share is finished, cant see it recovering. Endless dilution.Why didnt they sell it when they could instead asking for silly prices.

[john henry] 28/3/2024 16:03

I think Featherby got his work cut out raising the MKT Cap in a Placing.

[jmr_gold] 28/3/2024 09:22

Come on Glen, get a move on! Cannot stay in silence forever. There is still an outstanding asset here relative to market cap.

[lawson27] 27/3/2024 12:14

Dipped a toe in for the record here, GLA