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LND Landore Resources Limited

4.05
0.00 (0.00%)
05 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Landore Resources Limited LSE:LND London Ordinary Share GG00BMX4VR69 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 4.05 98,155 07:35:43
Bid Price Offer Price High Price Low Price Open Price
3.90 4.20 4.05 4.05 4.05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores -1.5M -0.0048 -8.44 12.67M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:09:44 O 7,238 4.17 GBX

Landore Resources (LND) Latest News

Landore Resources (LND) Discussions and Chat

Landore Resources Forums and Chat

Date Time Title Posts
05/2/202515:42Landore Resources8,775
17/8/202413:01Hidden value, Brancote management4,057
07/8/201806:16Landore Resources (LND) One to Watch Today -
17/6/201515:31 BILL H Chairman Landore Newscast9
08/7/201421:44David Bick & Jon Beliss say to BUY & HOLD in LND2

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Landore Resources (LND) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:09:454.177,238301.82O
10:29:564.1490,9173,763.96O

Landore Resources (LND) Top Chat Posts

Top Posts
Posted at 27/1/2025 08:04 by sportbilly1976
Absolutely - the start of a period of news...a couple/few interviews, I would hope an initial research note from H&P - a good runway of additional information to come out ahead of PDAC (which is early March) to highlight the significant valuation disparity from share price to resource
Posted at 17/1/2025 09:33 by 74tom
Amazing to see gold through $2.7k and LND still sitting at £12m market cap, surely a comprehensive update is due in the next couple of weeks? When you look at the cash thrown off from MTL etc you wonder whether someone might get tempted to bid for LND sooner or later...
Posted at 06/1/2025 20:18 by masergt1
"GT1 ACQUIRES 100% OF THE JUNIOR LITHIUM PROJECT

Green Technology Metals Limited (ASX: GT1) (GT1 or the Company), a Canadian-focused multi-asset lithium business, is pleased to announce that it has executed a purchase and sale agreement (Agreement), to acquire 100% of the prospective Junior Lithium Project (Junior or the Project), located 20km east of GT1’s flagship asset, Seymour from Landore Resources Canada Inc (Landore).

On the 6 March 2023, GT1 announced it had signed a binding option agreement (Option Agreement) for an option (Option) to purchase an 80% interest (80% Option Interest) in the Junior Lithium Project from Landore Resources Canada Inc. which comprise 591 staked mineral claims on 10,856 Hectares (109km2) of tenure located adjacent to the Flagship Seymour Project (Seymour) in Ontario, Canada. Due to initial exploration success GT1 will now acquire 100% of the Junior project following the key terms set out below:
▪ GT1 to pay Landore a cash payment of C$1,000,000 (Cash Consideration).
▪ GT1 to issue Consideration Shares to Landore equal to C$600,000 (1,628,624 shares) at a price of A$0.425 per share, based on the five-day volume weighted average trading price (VWAP) of GT1’S ordinary shares on the ASX as of the Business Day immediately preceding the Closing Date (3 October 2023). These shares will be issued using the Company’s ASX Listing Rule 7.1 capacity.
▪ GT1 will also assume and be bound to satisfy the existing 2.0% Net Smelter Royalty and obtain rights to repurchase 1.0% of the existing royalty upon payment of $1,000,000, which is over the Swole Lake project (comprised of 9 mineral claims within Junior Lake located in and around the Swole Lake lithium occurrences).

HIGHLIGHTS
▪ 100% ownership of Junior Lithium Project for C$1.6m, including C$1m cash and C$0.6m scrip in GT1
▪ Transaction supersedes previously executed option agreement announced 6 March 2023
▪ Junior is located 22km east of GT1’s Flagship Seymour Project, covering ~109km2 of tenure hosts multiple LCT pegmatites at surface, confirmed by exploration activities on the property, with drill ready targets
▪ Junior Lake offers outstanding potential to make new proximal lithium discoveries and strategically grow the resource base for Seymour
▪ Three drill ready lithium targets located at Junior, with the preliminary drill program commencing Q1 2024

Green Technology Metals Limited (ASX:GT1) (GT1 or the Company), a Canadian-focused multi-asset lithium business, is pleased to announce that it has executed a purchase and sale agreement (Agreement), to acquire 100% of the prospective Junior Lithium Project (Junior or the Project), located 20km east of GT1’s flagship asset, Seymour from Landore Resources Canada Inc (Landore).

On the 6 March 2023, GT1 announced it had signed a binding option agreement (Option Agreement) for an option (Option) to purchase an 80% interest (80% Option Interest) in the Junior Lithium Project from Landore Resources Canada Inc. which comprise 591 staked mineral claims on 10,856 Hectares (109km2) of tenure located adjacent to the Flagship Seymour Project (Seymour) in Ontario, Canada. Due to initial exploration success GT1 will now acquire 100% of the Junior project following the key terms set out below:
▪ GT1 to pay Landore a cash payment of C$1,000,000 (Cash Consideration).
▪ GT1 to issue Consideration Shares to Landore equal to C$600,000 (1,628,624 shares) at a price of A$0.425 per share, based on the five-day volume weighted average trading price (VWAP) of GT1’S ordinary shares on the ASX as of the Business Day immediately preceding the Closing Date (3 October 2023). These shares will be issued using the Company’s ASX Listing Rule 7.1 capacity.
▪ GT1 will also assume and be bound to satisfy the existing 2.0% Net Smelter Royalty and obtain rights to repurchase 1.0% of the existing royalty upon payment of $1,000,000, which is over the Swole Lake project (comprised of 9 mineral claims within Junior Lake located in and around the Swole Lake lithium occurrences."

N.B. - LND to receive 1,628,624 shares at a price of A$0.425 per share.
GT1 share price currently sits at A$0.070 per share. Nice one guys! ASX:GT1

However, on 23rd December 2024 GT1 announced:

- A Letter of Interest (LOI) has been received from Export Development Canada (EDC), indicating the potential to provide up to C$100 million in project financing for the Seymour Lithium Project
- GT1 has been in formal discussions with EDC since September, providing preliminary financial modelling and key project information for assessment
- EDC, a self-sustaining financial Crown corporation owned by the Government of Canada, has many years of experience in financing projects, and its mission is to support Canadian exports and to develop Canadian international trade.

If they can get that, what could LND achieve with EDC dependent on these eagerly anticipated lab results?
Posted at 06/1/2025 13:14 by arlington chetwynd talbott
There is some truth in that, all AIM BoDs have to play the AIM game to some extent or risk raising capital at lower share prices that they might have otherwise.
Posted at 12/12/2024 09:32 by 74tom
I was referring to the valuation of the listed entity on the stock market.

The points you have listed above refer to the NPV that will be reported in an updated PEA.

They are two different subjects, although of course the PEA should influence the share price to a degree.

Historic valuations where money was raised are absolutely relevant, particularly when the resource hasn't changed & the fundamentals have since improved dramatically (gold price, shareholder register, management team).

On your questions, the gold price used will be significantly higher, AISC will have risen but to nowhere near the same degree as PoG, and I don't think allocation issues are relevant at this stage - in my opinion all that matters is total resource and average grade...

Anyway, as a newcomer I am here for the future & think it looks extremely bright. I hope for your sake that you recoup your long term investment & make a nice profit on top.
Posted at 10/12/2024 17:45 by masergt1
chutes01

10 Dec '24 - 11:59 - 8532 of 8541
"Masergt1
Why do you always have to go and ruin it with relevant technical stuff ?"

a) 'cos it is relevant!
b) 'cos I'm looking for other relevant opinions/input to consider.
c) 'cos I don't just sit there blindly ramping away.

10 Dec '24 - 14:26 - 8535 of 8541
"News breaking
Canadian listing close as the snow birds are getting a sniff of Landore"

- News breaking where? A link, perhaps? Seems like not just snowbirds sniffing.

10 Dec '24 - 16:05 - 8540 of 8541
"This is headed to double figs in quick order
Update from company due imminently"

I posted a cautionary comment on timescales to advise against exactly this sort of stupid ramping that only attracts fly-by-night day traders who destabilise a steadily rising share like LND and mess up the sort of helpful level 2 trading info that you're keen to crib off sb. It simply doesn't help anyone unless you're only here for a quick flip. Other than that my post was entirely positive.

"Double figs in quick order"? We need to pass and sustain 6+p before we can even think about double figures. Q1 news of a TSX listing would likely help us move towards that target but the back end of 2H25 is the company's own timescale for updating the PEA. Only then, imo, and assuming no slippage in the next 12 months (in the mining industry?? lol), will we start to see a solid double figure share price That's not "quick order" but I believe patient holding and building of one's stake will pay off in time.

Whether or not we get an update this month as hoped for by Alex is out of his hands since it depends on the lab getting back to him with publishable results. Please don't come back saying they promised this or that and they've let us down. All will come good in time but I fear not yet as per "chutes01 09 Dec 2024 #8525 - Update in coming days takes this to the next leg 7-8p".
Posted at 15/11/2024 08:18 by sportbilly1976
chutes,

there was no 'promise'. They are still very much engaged to bring a Canadian listing, but to do so in the correct format that delivers benefit to shareholders - we only have to look at Claude's failed attempt to see what happens when it goes wrong!

I would also say that it, in itself, isn't magically going to lift the share price to 15-20p...the growth in both the confidence of, and ounces contained within the resource will.
Posted at 11/11/2024 14:55 by rayte
Doubt it will have much effect on share price .but Canadian listing and update will do

Waiting game. But LND has always been a waiting game

Liquidity seems really tight. It's why those 100k blocks are going through. Any large number is always nt for me
Posted at 12/9/2024 10:20 by john henry
i forwarded a copy of the original reply message to Rayte he can confirm.

However a TO is how i see an exit may come to light, may not.

Reasoning is i think Gold is moving higher over the next few years, LND resource will grow and its valuation will become even more absurd, imho a £100M plus TO will be accepted.

I dont see the AIM market valuing LND much more than £30 - 50M or LND becoming a producer.

Im sure long suffering shareholders as well as Featherby and Humphries would like to see a cash exit.

If they develop the mine and produce the MKT will still value LND a fraction of its true value.


No need for a pint
Posted at 06/8/2024 08:22 by kpleat
Agreed Neo. The disconnect between value and share price is both baffling and frustrating. I am confident that once drilling starts, the share price will begin its catch up.
Landore Resources share price data is direct from the London Stock Exchange

Landore Resources Frequently Asked Questions (FAQ)

What is the current Landore Resources share price?
The current share price of Landore Resources is 4.05p
How many Landore Resources shares are in issue?
Landore Resources has 312,820,000 shares in issue
What is the market cap of Landore Resources?
The market capitalisation of Landore Resources is GBP 12.67M
What is the 1 year trading range for Landore Resources share price?
Landore Resources has traded in the range of 1.95p to 5.75p during the past year
What is the PE ratio of Landore Resources?
The price to earnings ratio of Landore Resources is -8.44
What is the reporting currency for Landore Resources?
Landore Resources reports financial results in GBP
What is the latest annual profit for Landore Resources?
The latest annual profit of Landore Resources is GBP -1.5M
What is the registered address of Landore Resources?
The registered address for Landore Resources is P.O. BOX 141, LA TONNELLE HOUSE, LES BANQUES, GUERNSEY, GY1 3HS
What is the Landore Resources website address?
The website address for Landore Resources is www.landore.com
Which industry sector does Landore Resources operate in?
Landore Resources operates in the METAL MINING SERVICES sector