RE: £100mcap+ company quickly. 15-25p a share17 Feb 2026 08:16
Essentially discount 50% further for everything I've written below and we can see it should be well above 5p a share right now.
OMI market cap = £100M right now and as high as £150m recently.
JAN therefore should arguably be trading at a mcap similar or higher than OMI which equates to 13-15p a share on present metrics.
JAN has more gold than them already, has more coming soon via both respective drill campaigns and is operating in gold mining regions with energy, roads and other necessary infastructure all in place.
However with the further upside being unlocked through the drill campaign some would put this at 20p and over.
First proper assay results, PEA and JORC all to come.
Also
Food for thought.
The Molly project has been purchased for $5 per gold oz.
Many junior gold companies are rated at a value of $100-$500 per gold oz. (should be much higher in a $5,000+, soon a lot higher, gold climate).
So if the market rates just the Molly gold asset at a conservative $50 per in ground gold oz, that's a huge 10x increase on the purchasing price on the asset in a very conservative scenario.
This is why this kind of dilution is excellent and adds fundamental value.