Leyshon Resources Share Discussion Threads

[vikingwarrier] 14/3/2014 13:00

Someone is loading up in this confusion

[p@] 14/3/2014 12:47

"Resource equity and asset valuations are currently substantially discounted which we believe will provide an attractive buying opportunity"

They could buy LEN!.....LOL

[unkwn] 14/3/2014 12:40

Can sell but not buy.

[sirraman] 14/3/2014 12:26

Al last ...halleluyah ! Now we look forward to fund raisng and an acquisition. In house expertise lies with the new MD Coreu Nolan looking at the track record..:o)

Now maybe we should have him on the BoD of LEN ...as well... so he may wake up the so called heavy hitters appointed there ....lol

Sirra

[howdlep] 14/3/2014 12:10

Proactive out with quick coverage

[howdlep] 14/3/2014 11:52

mm's struggling to attract sellers and have to keep moving this up. 2p is not an unrealistic target even without the asset value reductions of potential targets. If I was the BOD I would want to be buying with as much paper as possible given the very low LRL share price...

[howdlep] 14/3/2014 11:33

BOD can't put out a "we know of no reason for the share price movement" as they have just given us the reason...!

[howdlep] 14/3/2014 11:24

yep mm's are going to have to attract sellers in order to fill those buy orders. Tickup on the bid coming...

[guppys] 14/3/2014 11:20

"The Company's strategic objective is to identify projects that have a clear pathway to production or monetization and can generate high returns to shareholders. This will be achieved by leveraging the in-house expertise and track-record in identifying, acquiring, financing, developing and operating resource projects, and un-locking value. The Company's plan is to identify advanced or brown-field assets which have a stronger chance of being re-rated in
the listed market."

Generate high returns to shareholders - that's way overdue!!

(1) 0.95 V 1.05 (2)

[howdlep] 14/3/2014 11:20

to put it into perspective. Since the share price was 2p, the BOD can buy cheaper assets and we pi's can buy LRL shares at half the price. Win, win....

[guppys] 14/3/2014 11:17

Lets hope she can maintain some of this rise for the longer term.

(1) 0.95 V 1.05 (2)

[howdlep] 14/3/2014 11:15

yes and this was 2p very recently.

The BOD want to be buying distressed assets which can easily enhance shareholder value

[guppys] 14/3/2014 11:07

0.85 now howdlep, can buy only 25k max online. No problem selling atm.

(2) 0.80 V 0.85 (2)

[howdlep] 14/3/2014 11:06

this could move very quickly now as buyers continue to realise the opportunity here...

[howdlep] 14/3/2014 11:01

having to pay full 0.80p now. Further tickup coming...

[howdlep] 14/3/2014 10:51

The company have cash in the bank, a good management team, access to further financing and are able to acquire at distressed prices. What's new, is that pi's can now invest at a much cheaper price ie 0.76p. I have bought a few...

[sos100] 14/3/2014 10:44

so whats new in this 'update'?

[guppys] 14/3/2014 10:42

Finally something....


RNS Number : 3380C
Leyshon Resources Limited
14 March 2014


L E Y S H O N R E S O U R C E S





14 March 2014



STRATEGY UPDATE



Leyshon Resources Limited (AIM/ASX: LRL) ("Leyshon" or the "Company") is pleased to provide an update to shareholders on its corporate objectives and strategic plans.



The Company has been actively pursuing and studying potential investment opportunities in the resources sector which are in line with the Company's stated investing policy. In addition, the Company has commenced preliminary discussions with prospective debt and equity financiers in regard to these opportunities, and has been encouraged by the response regarding the level and types of funding that could be available.



The Company's strategic objective is to identify projects that have a clear pathway to production or monetization and can generate high returns to shareholders. This will be achieved by leveraging the in-house expertise and track-record in identifying, acquiring, financing, developing and operating resource projects, and un-locking value. The Company's plan is to identify advanced or brown-field assets which have a stronger chance of being re-rated in the listed market.



The investment climate in the resources sector continues to be very difficult. Resource equity and asset valuations are currently substantially discounted which we believe will provide an attractive buying opportunity for the Company at the bottom of the investment cycle.



The Company has a strong cash position with working capital of US$3 million. Major shareholders remain very supportive of the Company's acquisition strategy.



We look forward to updating shareholders in due course on our acquisition plans.



For further information please contact:

[sirraman] 13/3/2014 13:34

so another tick down in share price as the silence here continues and at LEN.....:o((

[wiseacre] 10/3/2014 18:49

May be idle speculation

[wordog] 07/3/2014 19:33

Argentina? And how do you know this?

[wiseacre] 06/3/2014 15:48

I believe they have identified assets in Argentina to inject into it. HIgh risk/reward ratio but Chairman Seville has record of producing a ten bagger. Those Aussies do love penny punts. Stand by for lift-off!

[sirraman] 01/3/2014 13:01

Makes sense for any private resources company looking for a quick way to get Aim/ASX listing....maybe looking at his work record...Mr Nolan has couple of deals in mind already hence he has taken the helm here...its either boom or bust here....so looking forward to some good news in next few months....!

Sirra