Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Https://www.thedrive.com/car-reviews/2025-aston-martin-vantage-first-drive-review
No mention of when is due to customers. Will they run out of cash before then?
All the DB12 reviews were amazing, and the thing still doesn't work properly.
I see AML short selling has increased again....
The last time shorts increased they was a cash raise on the way....
And the mood hoover arrives………
I was hoping you’d still be in hospital having your phone removed from your backside!
🤷🏼
In deepest darkest Africa!!!
229.6 million cash left at end of Q1.
AML said themselves Q2 would be similar to Q1, so 192.4 million GBP cash outflow, minus interest 42.6 million because it has been paid already in Q1.
That means burning through c.150m this quarter.
229 (cash left) - 150 Q2 (cash burn for Q2) = 79 million.
That is not enough to cover all liabilities.
Cash raise. Incoming. Driven.
C26,
Increased on 2nd May to .52 from .49.
Been on LSE for days days and YOU KNOW IT for some reason you bring up today!!
But yes it increasing….
New shares come out today.
What's your average here Noah?
What's your average here Tim (NDB)!!!!
Nice to see the range getting positive reviews which was a big issue for me overall. Now it is down to execution and in view of that I am happy to hold and add on any dips ahead of further trading statements.. looking far more positive from a business perspective. I just ignore the usual haters and hence the green bars are back I see.
Ches,
There is good reading at CITYAM article today - changed from Sport Car to super cars 👍.
Worthwhile watching Steve Sutcliffe review the new Vantage on Utube. He'd choose it above the Porsche 911 Turbo. There's no higher praise than that. He who waits...........................l
Thanks Noah, lots of positive articles out yesterday about the new Vantage. DBX launch next, followed by Vanquish then news about the new special.
Yes, and all of that costs LOTS of money AML doesn't have.
229.6 million cash left at end of Q1.
Q1 cash burn was £192.4.m
Q2 cash burn due to be £150m
Therefore £79m left in 3 months, not enough to cover all liabilities
C26 is right, but misses the point. Things have changed. It’s now all about timing. The business now has cars which people want to buy and which generate a decent margin. The business needs cash to give them the runway to manufacture those cars and sell them to generate more cash to pay down debt and grow. That’s a completely different proposition from what shareholders have endured since the IPO.
Actually, only £79m cash left in 6 weeks, end of Q2 is end of June.