the following is paraphrased from Shares Mag - 5/11/09 page 38
http://www.londonmining.co.uk

LOND joined AIM on 6/11/09 and already holds $230m cash.
That said, its future projects will require serious swathes of further cash, even with relevant gov'ts putting hands in their own pockets.

Sierra Leone will be first project to come on stream in mid/late 2011, all being well ..... Expect regular updates during 2010
Saudi feasibility study expected by end 2009, but likely to be another very significant project ..... funding will be required (about $1bn), but targetted to start production in 2013
Greenland has the largest prospective asset, with production scheduled for 2014 ..... difficulty here will be the extreme weather conditions as deposit is close to Arctic Circle
China - although the CEO reckons this as the true prize (blending several small sites into one), this is all very much up in the air at time of writing.

Mining stocks are making a recovery.

rns - more lond shares dumped - hope no one caught in here
gla

below is the true picture

Not in this but have been watching. Seems to be very few posts on this stock here at moneyam

yes it appears all but finished

you holding Gibby ?

no nar1 - i was looking for a value opportunity but do not think lond is one of them - after this rns will likely keep out but nothing set in stone of course....................

London Mining Plc
FINANCING UPDATE
RNS Number : 7117T
London Mining Plc
08 October 2014




London Mining Plc

Quoted on London AIM (LOND)

("London Mining" or the "Company")



8 October 2014





FINANCING UPDATE



Further to the announcement made on 29 September 2014, detailed discussions are ongoing with potential strategic investors, London Mining Plc (the "Company") and the Company's bank lender group. Under the structures currently proposed, the Board believes that there will be little or no value remaining in the equity of the Company and the other listed securities of the Group. While the lenders of the Company remain supportive of the process, they are not expected to provide any further short term funding which would be provided by a strategic investor if the discussions are successful. There can be no certainty at this time on the likelihood or timing of such an investment.



With the iron ore price at its lowest level since 2009, the Marampa operations have been put under considerable financial strain. In addition, the outbreak of Ebola in Sierra Leone has introduced significant challenges both to the strategic investor process that the Company began in May, and to the ongoing operational performance of the business, where our team in Sierra Leone continue to show exemplary commitment in such adverse circumstances. The capital that is needed from such an investor is significant and the proposals currently contemplate funding of the life of mine expansion and a cash injection into Marampa to allow the mine to continue operating.

Yep its finished

Nick Fletcher ‏@nickfletchergdn 6m6 minutes ago

Market forces live > London Mining falls by 80% as it warns shareholders could be left with nothing http://bit.ly/1BQLevF

Incredible these were 400p 3 years ago.

Making a come back ?? Even tho we all been told we may have nothing ?

Not invested but been watching tho

crazy - just pis gambling - wouldnt hold too long if i were them lol

gl to anyone who is in though

Crazy but people still at it driving up the SP

shares suspended

Oh dear.

as expected kaput....................

RNS Number : 0438U

London Mining Plc

10 October 2014

London Mining Plc

Quoted on London AIM (LOND)

("London Mining" or the "Company")

10 October 2014

strategic process update

London Mining Plc (the "Company") announces that the only strategic investors now remaining in the process are those whose proposals are not expected to contemplate the continuation of London Mining Plc, the listed legal entity, as a going concern. As previously announced, discussions were ongoing with potential strategic investors about structures which the Board believed would result in little or no value in the equity of the Company but the discussions with the investor which might have resulted in little value in the equity have ended. As a consequence the Directors have requested the immediate suspension of the trading on AIM of the ordinary shares and trading on Channel Islands Securities Exchange of the convertible bonds. It is anticipated that further funding in to the Sierra Leone operation and potentially other development assets would be provided by a strategic investor if the discussions are successful.