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By comparison Erris is Fully cashed up £3.75m and then project itself is further advanced.
Erris valued at approx 14m, can you see the disparity and undervaluation. Imo this could easily double today.
cp52 re gold - immaterial vs here but because it's not listed it'll be at a discount...Ormonde has been 30% below cash and it *is* listed
7.5p ask. Multi bag time
We are back trading and with some news assets... 50%+ rise today would be nice.
NT to buy
The key here. Strategic important lithium play in heartland Europe. BMW in the wing :)
Warming up now. Mms want your shares :)
You have acquired a fantastic asset, strategically positioned in Europe and quite far advanced by comparison to existing assets. Lithium as a sector is back into vogue in a big way since the Tesla battery. I fully expect some of these European plays to receive strategic investments/off-take agreements from the likes of BMW.
How would I go about selling there?
Never been involved in private companies before.
for now... what’s the reference date for existing shareholders to get their shares in egr...
Slift - yeah, not sure if it'll be tradeable but prob not big prices given illiquidity. Might be worth 0.5p or so?
10p today
Looks good. Nt
So Erris Gold Resources is to stay as a private company now?
No plans to relist?
I worked out 10p based on value vs NPV of Bacanora
Placing at 5p may have an effect, but, for sure, if we see 5p there will be heavy buying.
Sounds pretty damn good!
How can this be anything but a share that goes up considerably from here!?
Sounds like the real deal!! Good luck everybody
The other 50% of the project will be bought fairly quickly..
Bcn has doubled since sale. Where is eris heading. :)
Good Luck guys. ATB
& trading restarts
That was quick well done bod. Watch this fly:)
Thanks for the info Lazygun.....new to this, so didn't want to leave it to chance!
Sorry, mean to say, obviously you should be able to see the egm details/proposals either in the market releases, or on the Erris website when it’s published....
L.