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LND Landore Resources Limited

4.10
0.00 (0.00%)
03 Jan 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% 4.10 484,716 08:00:29
Bid Price Offer Price High Price Low Price Open Price
4.00 4.20 4.10 4.10 4.10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores -1.5M -0.0048 -8.54 12.83M
Last Trade Time Trade Type Trade Size Trade Price Currency
12:01:02 O 100,000 4.01 GBX

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Landore Resources (LND) Discussions and Chat

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Date Time Title Posts
03/1/202520:11Landore Resources8,655
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) Top Chat Posts

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Posted at 04/1/2025 08:20 by Landore Resources Daily Update
Landore Resources Limited is listed in the Gold Ores sector of the London Stock Exchange with ticker LND. The last closing price for Landore Resources was 4.10p.
Landore Resources currently has 312,820,000 shares in issue. The market capitalisation of Landore Resources is £12,825,620.
Landore Resources has a price to earnings ratio (PE ratio) of -8.54.
This morning LND shares opened at 4.10p
Posted at 03/1/2025 20:11 by arlington chetwynd talbott
I was asking whether Total Market Solutions have a relationship with LND:"Total Market Solutions offer a comprehensive range of Investor Services from Consultancy through to Digital Marketing.Our Senior Team of City Professionals, Financial Journalists, Analysts and Digital Marketing Experts use their years of experience to create tailored solutions designed to engage with the right audience.Enhance your market footprint with Total Market Solutions"PIs need to be on the lookout for marketing that is dressed up as research.
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 11/12/2024 21:34 by masergt1
74tom #8548. "@masergt1, I don't agree with your points on valuation."

I'm not sure what you mean by this. For ease of reference, I asked these questions:

- I guess they'll have to stick with the same g/t cut off for comparison purposes but I don't see how they can stick with a long term gold price of $1,800/oz when it's sitting at $2,650/oz today and likely to rise. What price will they use?
- The parameters for indicated and inferred can't be changed but if the TECT team find sufficient weight of better grades will they simply aggregate them across the categories or highlight and value them separately?
- PoG has gone up c.50% since 2022 but costs have also risen. Any thoughts as to what the earlier AISC of $1,177/oz ought to be today and going forward?

What's there that you disagree with? Maybe you could answer them?

My history with LND is such that I experienced all that loss in value which you've highlighted. Junior Lake was primarily a nickel/copper deposit. I wonder what plans Alex might have for that?? After the BAM discovery Bill lost all momentum then fell under the lithium bandwagon. I've held since May 2016 and averaged down time and again since then. It's only now do I see any sunrise on the horizon.

The world is a different place today and, sadly, historic valuations are just old figures. For me and perhaps many others, setting them against today's money is painful rather than helpful. We've started afresh and will build again from here under new management with a clear focus and hopefully without any more of old Bill's dilutionary funding. I'm making no forecasts or comparisons with old numbers but I am very much looking forward to what the lab has to say.
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 17/9/2024 15:03 by sportbilly1976
EDG - less than £3,000 of shares have been sold from those traded too

edit: despite the share price drop just now, the buy price on a 500k block has gone out from 3.19 to 3.31 - maybe now too low for Novum to accept?
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 13/8/2024 10:11 by sportbilly1976
From share price Angel morning note:

Barrick Gold (GOLD US) US$19, Mkt cap US$33bn – Quarterly results as Bristow eyes acquisitions in Canada

• Barrick reported gold production of 948koz over 2Q24, vs 1,009koz in the same period last year.
• AISC reported at $1,498/oz vs $1,355/oz same period last year and $1,474/oz in 1Q24.
• Copper production at 43kt over the period vs 48kt same period last year.
• Debt steady qoq at $4,724m, whilst cash stood at $4,036m, up from $3,942m 1Q24.
• EBITDA reported at $1,289m whilst free cash flow reported at $340m.
• Company expects higher production and lower costs in 2H24, expecting a ramp up from Pueblo Viejo and Lumwana.
• Reko Diq feasibility study expected to be completed by year end.
• EBITDA up 42% qoq and debt net of cash reduced by 12% qoq after the Company benefited from higher gold prices, at $2,338/oz for the quarter.

Conclusion: Higher gold prices are starting to feed into producer margins, boosting earnings and cash flow. M&A in the sector is starting to heat up, with Goldfields buying Osisko’s remaining half in the Windfall project yesterday for c.$1.6bn. This encouraged speculation over Barrick’s future growth plans. Bristow responded to Bloomberg, stating that Barrick is looking for investment opportunities in Canada. Goldfield’s acquisition of Osisko valued Windfall at c.$500/oz in reserves, and just over $200/oz for gold in resources.


Landore price per oz??? Circa $10
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 4.10p
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 12.83M
What is the 1 year trading range for Landore Resources share price?
Landore Resources has traded in the range of 1.85p to 5.75p during the past year
What is the PE ratio of Landore Resources?
The price to earnings ratio of Landore Resources is -8.54
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

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