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Just to add 50-100M @2% of the overall Project.!!
Personally I feel true Value today is 20-25M
But things are about to change and I try now not to get annoyed on the Mm’s games as there’s No Volume currently but this will change in the Coming Months.👍
Musicman, I'm reminded of a post by BillB last month - "I was in SLP a long time ago for about 2 years. Everything was going well, but the SP was on the floor (around 7P). No one could fathom the reason and a lot of shareholders gave up (including me). A few months later it took off while I was on holiday abroad and I never saw it!! Had a rather big holding there before selling. Not going to make the same mistake twice. It cost me a small fortune! I'm sticking it out with BRES"
I think our CEO is on record as saying 50m - 100m MCap on completion of DFS (potentially end of year)?
Just wondering what you think is the correct value for the company at the moment? I guess it is a bit hard to judge, but if there are any educated answers that would be great. I have no idea how that value could change should an offtake agreement come through. Thank you
Becoming so predicatable / manipulated its depressing,,, the modern world
MM's demand their 10% of everything good or bad.
ffs
Gents, it's nearly midnight and I'm trying to sleep. Please halt all this inappropriate salacious chatter of a 100 bagger for daytime......
Dear me it’s main market not AIM for starters. Yes a hundred bagger. I’m not saying it’s certain that it will, but it has all the hallmarks of a unicorn. If you look at the projections re: SPG processing, it will dramatically change what is already a very special asset.
BRES is listed on the main list not AIM
Having said that 50p next year for sure.
A hundred bagger?? You must be joking, on AIM?
Is this finally the point in time when a bottom drawer investment becomes a darling of AIM?
Agree. Also, the posts on x seem to indicate that BRES are busy at the moment. Next six months will be very important for BRES. Wouldn’t surprise me at all if BRES gets acquired fairly soon though given how cheap the price is and that it’s being held down here at these levels.
There is a lot of value here yet to be realised (see first equities target price of 73p - which is prior to any downstream in country SPG processing). If they can get the SPG processing sorted, then this goes from a possible ten bagger to a potential hundred bagger.
It felt like the long-term distressed seller finally left the building end of last week. If this is the case we should finally see the share price re-rate closer to fair value in the coming days/weeks
Good luck with your inevitable sub 5p next week CleverThoughts you rascal.
I'd say Bline59 just looked at the historic low which was 3p (ball park), I'd be surprised if there's any more to it than that.
3p.....calm yourself....do eleborate how you got to that figure though...
Even at 5p, it's still a bargain....though I'll wait for the inevitable sub 5p next week...
Are you our mystery 100k seller bline??
Bline or Blind.!!
That’s wot we shall call you.
You don’t seem to be invested here so go on back to that Crap you hold UFO.!!
Not that’s a Company to Steer Clear of.
Not like our Bres that is on the Verge hopefully of something great.! So fingers Crossed we have seen the Last of the Sub 5p’s.
Best of luck all.👍
Why so, Bline?
Monkey.....anything over 3p is buying over the odds never mind 5.3p
Bought more today (no doubt paid over the odds again!).....still, I haven't seen that 100k seller yet so perhaps we have seen the last days of sub 5p buys?.....wasn't willing to risk holding off to see anyway.
Spank, I remember that interview and I think what Mike actually said was that initially the DFC weren’t interested in Orom Cross because of Blencowe’s plan to work partly with China, at least in the short term, but that he then convinced them that with a potential 100 year mine life it really doesn’t matter very much who the company works with at the start in order to get up and running. So I think the DFC are resigned to some Chinese offtake and relationships at the outset here, hopefully alongside Korean offtake. As for using Chinese expertise for an SPG operation, I can’t see why that would be objectionable as long as BRES has control of the plant
Why not. Still cheap as chips for a world class project.
The chinese have the IP. Simples.
The yanks know this also as Mike has already said I believe. All this "concern" as soon as the price rises a tad.
I have been here for 5 years - the CEO has not put a foot wrong. He is astute and knows what he is doing - Unlike many CEO of AIM companies.