Share Name Share Symbol Market Type Share ISIN Share Description
Lionsgold LSE:LION London Ordinary Share GG00B3M9KL68 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025p -2.78% 0.875p 0.80p 0.95p 0.90p 0.875p 0.90p 816,076 14:39:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.9 -0.9 - 2.27

Lionsgold Share Discussion Threads

Showing 851 to 873 of 875 messages
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older
DateSubjectAuthorDiscuss
18/11/2017
18:24
I don't profess to know it all but what I do know that if all you bums have said about your dead duck share over the past years were spot on then the duck GOLDPLAT would be trading around 50p by now!
1rodson
18/11/2017
12:49
You know as well as I do KB, that warrants are an equity financing mechanism for the company, so that when its share price moves above the strike price, the company will see the warrants executed, the holders can flip them in the market for a profit and the company receives cash in its coffers, without going through the usual equity issue route and finding a bucket shop to take them. The exceptionally short lifespan of the warrants is a concern. It indicates that parry expected the share price to have been significantly higher in a much shorter timeframe, however, he seems to forget that most will remember it as kolar gold and how it did not get anywhere. Parry was involved when it was Kolar. The market does not believe this story, as jonnagiri has been in lionsgold/kolars hands for four years and they have done nothing, they haven't even secured the land. Having warrants priced higher than the current share price, with short lifespans, gives others the impression that the stock is going higher sooner rather than later, so they would buy in, thus creating the higher share price themselves, not off the back of fundamental improvements in the company plans. Those that took part in that placing will have been selling to the likes of miller/rodson, over the last few months and he will be left holding the bag, as is the case with smug posters, who think they know it all.
sea7
17/11/2017
14:56
KB2 YOU ARE REALLY A PHAROCHOL LITTLE TW^T BRAINWASHED IN THE DEFUNCT BRITISH MENTALITY. IT IS COMMON PRACTICE IN MANY COUNTRIES TO ESTABLISH WORTH AND REASON BEFORE BUYING LAND. I SUGGEST YOU DO YOUR HOMEWORK....BUT THEN I KNOW YOU Won't AND THAT'S WHY YOU ARE STUCK FIRMLY IN THE SHARE YOU RAMP THE BALLS OFF.....goldplat
1rodson
17/11/2017
09:19
If the CEO reckons the Indian mines could start construction in Q2/18 then he hasn't the slightest clue how things happen in India. Dan - the fact that you seem to be hanging off his every word suggests you haven't either. Perhaps a period of quiet reflection to consider the error of your ways might be appropriate.
kimboy2
16/11/2017
21:47
S7 INSISTS ON SHOWING HIS IGNORANCE OF THE WAY THAT THEY DO THINGS IN INDIA
1rodson
16/11/2017
19:47
india's gold production is about 60k oz pa. That is a miniscule contribution to global gold production. Camerons boast of contributing a quarter of indias gold production sounds great when you think of the size of the country, yet when you realise that its only 45k ozs comes from one mine, the hutti mine and the rest is byproduct from copper mining to make the 60k ozs in total, it is not such a great boast. He thinks 25k oz pa. He would have been better off, getting the land cheap before bragging about 25k oz pa. The landowners, the lawyers, the state and anyone else who feels that they can get in on the action will know this now and will be looking to cash in.
sea7
16/11/2017
19:37
in four years they have done the sum total of nothing. A pumped up report and that is it. No land title, no cash, no mine for a minimum of two years from the expected start date, which should be Q2 2018, or is that possibly, maybe Q2 2018. Its no wonder miller/rodson is buying this, with his track record.
sea7
16/11/2017
19:31
kolar gold, the former incarnation of lionsgold got the licence granted to jonnagiri in October 2013. Here we are just over four years later and they are talking about, possibly getting the land from the landowners. Hmm, those landowners will see that they now have this gold mine under their feet. You think they will not demand top dollar for it. Kolar Gold or should I say lionsgold, should have secured this land a long time ago. Now it is much more expensive. Not happening anytime soon.
sea7
16/11/2017
19:28
THE CONFUSION IS ONLY IN YOUR NUMBED AND BLINDED MIND
1rodson
16/11/2017
19:20
Yes you were confused a couple of days ago about whether you were rodson or danmiller as well, weren't you.
kimboy2
16/11/2017
19:08
i was not aware that Dan was back
1rodson
16/11/2017
19:07
Dan you can rant all you want. The fact is that the feasibility showed that as it stands it is a non starter. It is a non starter because they won't be able to raise finance for it. As for the companies claim to be 'robust', well they would say that wouldn't they. IMV you would do best to get your little nestegg out of this while there is still some left. The problem with the landowners just looks rank bad management. If I was the landowner I would take them to the cleaners. I don't suppose these costs are in the allegedly robust economic projections.
kimboy2
16/11/2017
18:48
PLEASE, ALL YOU DUMMIES LISTEN TO S7 THIS MAN IS SO BITTER HE TALKS ABOUT A RINSING YET HE Knows THE BULK OF MY HOLDINGS HERE ARE AROUND 0.75 AND I HAVE MILLIONS SO CAN CAN WORK OUT JUST HOW FAR AHEAD I AM ALREADY. TITTER TITTER TITTER.
1rodson
16/11/2017
18:45
clearly, you don't know anything about how they do business in India, yet you post like you know it all. Is that the reason why you have been stuck in GOLDPLAT..........A DEAD DUCK SHARE GOING NOWHERE FOR YEARS AND YEARS AND BLOODY YEARS. You have to learn to spot the hidden potential as I have. I topped up a little more today on potential. Read this again. We are pleased to report that the Feasibility Study is complete and demonstrates a robust project that can be developed into India's first privately owned gold mine ... contribute more than a QUARTER of India's gold production. All great really great asset to have in the bag, with the added potential to farm out various aspects of production. For those with one, this is a no-brainer FOR THOSE WHOSE HEADS THAT STOP BELOW THEIR NOSES....I WOULD NOT BE INCLINED TO BLOW TOO HARD. Then NEXT we have Finland, and then on to GoldBlock. Things are being moved ahead at a faster pace. which of course is the big attraction of a multi-asset company but only for those that can see it. but of course you can always listen to S7 and his bumboy KB2
1rodson
16/11/2017
17:30
They should have got an agreement with the landowners before they started
kimboy2
16/11/2017
17:21
I wouldn't consider it with real money Stig, but if I could get the risk shouldered by or shared with the contractor I might. As for the landowners they're bartering, that should have been anticipated I agree.
paleje
16/11/2017
16:38
It's unattractive if you're taking on currency/political/timing/geological/mechanical/environmental/bureacracy risks in a foreign country would you invest $30m of real money now for a potential return of just $15m 5-10 years down the line ?
the stigologist
16/11/2017
15:31
18-20% IRR post tax isn't unattractive surely, if they can negotiate a contractor build deal with capital costs at a minimum. But that's all if, and the landowners need to be on side too. And things moving slowly on all counts, no prospect of revenue any time soon so every prospect of further cash raises. There might be another way of getting the mine built, I'm only speculating nothing has been said, but COIN, the fintech co which CP co founded and still has a hand in, gave a talk last week about new and unconventional fund raising schemes they're developing specifically for the mining industry. Fintech related.
paleje
16/11/2017
14:54
jeez, they are negotiating with landowners to buy the land. Well that will be a long time in india then. Once the price has been agreed, if ever, then it will take ages for the extremely slow and cumbersome bureaucratic process to transfer ownership. Then, he states that.. Should commercial agreement be reached, subject to financing, the building of a mine at Jonnagiri could commence as early as Q2 2018. It is a two year build. .......... He is not even sure that they will even get the land or any cash and then he thinks it could, not will, commence in Q2 next year. They have had this jonnagiri licence for years and they still haven't got ownership of the land it sits under. Oh well, miller/rodson is up for another rinsing.
sea7
16/11/2017
14:45
So they haven't bought the land and they haven't got any financing yet construction could start in 4 months. What is he smoking? Perhaps someone could work out the dilution implicit in a 2 year construction period. It is a non starter.
kimboy2
16/11/2017
13:55
lolololo learn to dig for info kb2 I am happy with this as it bodes well for the future as there is more. · NI 43-101 compliant Feasibility Study completed. · The Base Case production profile is based on the 151,020 Probable Reserve gold ounces only and shows a Net Present Value of USD$28.2 million (pre-tax) (based on USD$1 = INR67.08) applying an 8.48% discounted cash flow rate (appropriate rate determined by Indian tax and accounting advisors). · The Internal Rate of Return for the Base Case is 24.0% pre-tax and 17.8% post-tax. · The Total Production Case, which includes the processing of low grade stockpiles and the Inferred Resource within the optimised pit shell, produces an NPV of USD$34.9 million (pre-tax) applying 8.48% discounted cash flow rate. · The IRR for the Total Production Case is 28.0% pre-tax and 20.9% post-tax. · Land acquisition negotiations still in progress with local landowners to achieve a commercially acceptable price to Geomysore. · At full production Jonnagiri is forecast to produce approximately 25,000 ounces of gold per annum. · Geomysore's portfolio contains numerous exploration and development targets and the South Kolar Project represents the next target contemplated for mine development. Cameron Parry, Lionsgold CEO, commented: "We are pleased to report that the Feasibility Study is complete and demonstrates a robust project that can be developed into India's first privately owned gold mine. "Mine development at Jonnagiri is subject to agreement for land acquisition with relevant landowners. Should commercial agreement be reached, subject to financing, the building of a mine at Jonnagiri could commence as early as Q2 2018. The build is planned to take 24 months and at full production the Jonnagiri mine is forecast to produce around 25,000 oz of gold annually, which would contribute more than a quarter of India's gold production based on current domestic output.
1rodson
16/11/2017
12:46
I would presume Geomysore looked into it before getting Lion involved. Don't really see why Indians should be more stupid than everyone else. You can get far better value if you want to buy a gold mine.
kimboy2
16/11/2017
12:37
A marginal project. If India is all that into it why not demerge it onto an Indian stock exchange ? https://www.investegate.co.uk/lionsgold-limited--lion-/rns/feasibility-study-results-and-next-mine-target/201711161211517337W/
the stigologist
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older
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P:30 V: D:20171119 03:25:54