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PERE Pembridge Resources Plc

0.225
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pembridge Resources Plc LSE:PERE London Ordinary Share GB00BG107324 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.225 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pembridge Resources Share Discussion Threads

Showing 1251 to 1273 of 1850 messages
Chat Pages: Latest  62  61  60  59  58  57  56  55  54  53  52  51  Older
DateSubjectAuthorDiscuss
24/6/2020
12:52
Really we are a pure Copper play in regard to intrinsic value

Gold pays the bills

With all Copper shipments sold and the price rising, we should seriously be at mutiples of this

The market has missed this one

Bought 250,000 x 2 over the past few days

Cannot see any downside here, with Copper storming away... unless the World implodes

Looking for at least 8p short term

bigboots
24/6/2020
09:42
The Streaming Agreement with Wheaton limits the upside to higher gold revenues associated with the higher pog. Even so, the PERE share price shows a remarkable lack of response to the recovery in copper prices recently. PERE looks far too cheap.
tim000
23/6/2020
10:36
Trades steadily increasing...
susiebe
23/6/2020
07:04
Oh, so standard listings can suspend for as long as they like? Learn a new thing every day...
cyberbub
23/6/2020
06:25
Lol I like it uknighted.
soulsauce
23/6/2020
06:17
It’s fair to say that the original CEO - who had a MASSIVE ego - was replaced by a CEO with a GIGANTIC ego.
uknighted
23/6/2020
02:45
Standard listing.
soulsauce
22/6/2020
22:56
One question I do have for long-suffering PERE holders, if you don't mind, is how did they manage to wangle such a long suspension? It has possible read-across to another share where I have a holding, namely Eurasia Mining, where there is speculation that they might try to extend the suspension past the normal 6 months. Thanks for any info.
cyberbub
22/6/2020
22:40
I'll keep an eye out on this share, just in case it comes good. There seems to be some potential but the management is surely a serious concern.The sales arrangements do seem excessively complex and opaque for copper and gold/silver, which isn't a good sign. However the key numbers investors need are the cash cost and AISC of production. Theoretically these should come in every quarterly update, but they haven't been forthcoming. I wonder whether Pembridge, who are now only a small holder in Minto (a private company), will even be entitled to be given these figures by Minto for publication? Perhaps the only thing Pembridge will know is when they get given their 11% cheque every year?
cyberbub
22/6/2020
22:12
Any significance with the 2 sales of 3 shares today?Noticing an increase in trades recently,news surely close.
susiebe
22/6/2020
22:10
No problem cyberbub.

From this price it is probably not a bad punt but not without risk. However I wouldn't think Gati would want to damage his reputation on this so assume he will be trying to cobble something together to salvage said reputation.

soulsauce
22/6/2020
21:59
Thanks soulsauce, it does sound like very poor management indeed... I had also been thinking that there were no figures for cash costs per tonne shown in the recent announcements of revenue payments from Sumitomo, or in any of the quarterly production updates... Which doesn't bode well...In my view though surely (if it is indeed a 'free carry' - unless there's some other skeleton?) the EV of about GBP 5M (implying they only need to receive GBP 1M revenue from Monti = GBP 10M operating profit for the mine) is not demanding?Still, given the management screwups and the serious lack of transparency on profitability, it does seem more of a gamble than an investment....!!NAI
cyberbub
22/6/2020
20:11
cyber much of what you say is true. However this is a sorry tale of so called expert managers totally misreading the market, paying themselves too much money and bending shareholders over.
I wouldn't say the Yanks shafted us, it is down to poor management here that they hadn't got things down tighter in the deal from the start.
Ok the Covid situation did not help but the wheels came off very quickly after a good start and to end up with only 11% of what we were suspended 18months for, nearly went out of business for and shareholders shafted with two poor raisings for then it is a pretty poor show.
You say 11% free carry of a massive mine. Well there is no doubt the mine is quite large but we still do not know if any of that ore is yet coming out profitably.
The management have gone very quiet, and so they should, they ought to hang their heads. Gati came in with all guns blazing about creating shareholder value and how we should trust him but on current form he scores 1 out of 10.
There have been drill results and assays due for ages but nothing.

I think if any money is to be made here it will be on Gati finding another project but that will no doubt come with more dilution.
Is 11% of the Minto Mine worth more than £2m? Who knows, I guess we will have to wait for results.

soulsauce
22/6/2020
19:37
Just looking in here after seeing it mentioned on Chipperfrd's valuation thread.Having read through 2 years of RNSES, do I understand that, after being basically shafted by the New York funders, who got 67% of a massive mine for $10M, and then increased that to 89% for another paltry $3M.... Pembridge do now at least still have an 11% economic interest in said massive mine, now operating and exporting to a major global consumer of copper? And Pembridge's only debt is a few million (now non-convertible) owed to the CEO, so effectively that 11% is a 'free carry'? And their market cap is only GBP 2M?!?!The Pembridge management seem to have botched it, but leaving history behind, surely the company today must still be worth multiples of today's SP?Any info appreciated?
cyberbub
22/6/2020
14:19
Goodness, a £12k buy. Copper price up today. If only this could reach 35p, then I and many others could finally sell.
bazzerhino
19/6/2020
13:32
Quite a few buys today.News coming?
susiebe
14/6/2020
16:31
I am sure Gati the Great (cough) will do something for his extortionate wage at some stage bazz. But I am not holding my breath 🙄
soulsauce
14/6/2020
16:14
Will this company EVER do anything that will provide shareholder value? Sick of it... Lol...
bazzerhino
27/5/2020
11:23
Someone bought £15000 of these. Ffs I hope some good news is on the way, we have suffered enough.
bazzerhino
30/4/2020
11:14
Thanks uknighted I have managed to read it. What a crock and not a word of having to reign back on the raising.
Well at least Gati has safeguarded his disproportionate wage for a while longer.

soulsauce
30/4/2020
11:11
[...] Link still won’t copy across.
uknighted
30/4/2020
11:09
Just google Proactive Investor, I tried a link but it didn’t work. Basically it should be straplined “ It’s all Covid 19’s fault”!
uknighted
30/4/2020
10:45
Sorry, it’s not an interview it’s an article!
uknighted
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