Member Info for baz9707

If I can get a ticket, I will take you up on that.

2 great signings many saw Wood as over priced at 15m, at the time I did, Anderson future England captain.

I just hope we stay in the Europe spots. Would love to travel and see them even if its in the euro conf league.

Great to see some chat in here, JV is not an OAP yet lol. Looks like someone is using AI as no one has that much time to type out messages, Sid?

Amazing volume on day one leading up to planning approval!

I went through the report yesterday and was pleased to see the approval from the planning officer. Initially, I wondered why there was no immediate meeting, but then I spotted the council meeting scheduled for 5th Feb later today.

In my view, this is an even better outcome—plenty of room for speculation over the next week, and possibly an RNS announcement that many are expecting.

🔹 Massive volume today, especially considering 50% of the stock is held by major holders.

🔹 Holding this level is roughly the same as Luke Johnsons average from the placing he did in 2022.

Golden Sun Resources Ltd. Costa Rica: My opinion all in, over the year it will be worth the current mkt cap on its own

1. Bellavista Mine: Located near Miramar, Costa Rica, the Bellavista Mine is fully owned by Golden Sun Resources through its subsidiary, Metales Procesados MRW S.A., which holds the necessary permits for this property.

2. Exploration Projects: Golden Sun Resources, through its exploration subsidiary Terrasun Resources Inc., has secured several exploration licenses across Costa Rica. These licenses encompass over a dozen projects, many of which have historic resources or are considered highly prospective. The company plans to spin out Terrasun to its shareholders, aiming to focus on these exploration endeavours.

These assets position Golden Sun Resources as a significant player in Costa Rica's mining and exploration sector.

https://ticotimes.net/2024/11/28/costa-rican-seeks-to-re-legalize-open-pit-mining

https://x.com/MinFinInvest/status/1839698745086419443

We now own 1,070 ounce of golds, all purchased at US$1,750/oz, with a guaranteed minimum price of US$2,050/oz. The contract calls for either physical delivery of the gold or the financial equivalent at the prevailing spot price. Alternatively take delivery of Golden Sun shares at $1.75.

WARRANTS - Rough figures.

1. Warrant Details:

- Warrant Price: £0.005 (0.5p)

- Number of Warrants: 2,857,000

- Exercise Deadline: April 2025

- Mandatory Exercise: Warrants must be exercised if the share price reaches 0.9p.

2. Cost of Exercising Warrants:

- 2,857,000 times 0.005 = £731,207

3. Value of Shares at 0.9p:

- 2,857,000 times 0.009 = £1,316,172

4. **Profit from Exercising Warrants (at share price of 0.9p):**

- £1,316,172 - £731,207 = £584,965

5. Impact on Net Asset Value (NAV):

- The profit of £584,965** equates to approximately 1.5p per share added to NAV (subject to total outstanding shares).

Observations:

- Since the warrants must be exercised if the share price reaches 0.9p, the company is guaranteed an inflow of £731,207 if this threshold is met.

- The looming expiration of warrants by April 2025 adds pressure and could drive activity in the market.

- If LUCA's price rises further, the profit margin will grow beyond £584,965, making this a very positive development for warrant holders and the company.

- A decent uplift and another cracking investment.

Inflated prices paid and family fund trying it on.

News 20 Dec 2024

Blank-check company Newbury Street Acquisition and Infinite Reality terminated a merger agreement announced on Dec. 12, 2022.

Infinite Reality focuses on spatial computing, artificial intelligence and other immersive technologies.

Newbury Street said in a securities filing Friday that unless it is able to negotiate a business combination agreement with a new target by March 25, it will liquidate. It said Infinite Reality will pay Newberry Street a $7 million termination fee by March 1.

When the deal was announced, the companies said the transaction valued the combined business at an equity value of about $1.85 billion, including about $1.7 billion attributable to Infinite Reality.

Infinite Reality said in July that a $350 million minority investment from a "private multi-family office focused on global technology, media, and real estate" increased the company's valuation to $5.1 billion. Its investors include RSE Ventures, Liberty Media, Lux Capital, Lerer Hippeau, MGM, CAA, T-Mobile Ventures, IAC and Live Nation.

Also in July, Infinite Reality announced its $450 million acquisition of Landvault. In April, the company said it would buy Drone Racing League for $250 million, and in October it said it would buy a majority of Nasdaq-listed Super League Enterprise.

Keeping an Eye on Their Game

Looking back 3–4 years, the situation with this company was very different. At that time, there weren’t 81 million shares in issue, yet the market capitalization was similar. Fast forward to now, and nearly £2 million has been raised in just one year, but they still have over £1 million in debt and a market cap of £3 million.

Take December 2019 as an example: Artomatix received close to £1 million. SVV companies collectively have likely raised over £100 million in follow-on investments since then. Yet they bought another £2m of SVV stock.

This company has had multiple opportunities to divest or merge with SVV, but instead, it seems they’ve chosen another route. The funds appear to flow towards advisors, board members, and an interconnected circle involving RGO, loan holders, and Irish fund networks.

It’s worth questioning where the cash is really going and whether this strategy is sustainable in the long term, and where the benefit is for investors. May see as in the past an attempted squeeze to sell the placing stock so expect some news soon, who wouldn't take 10% on the placing and free warrants plus commission for brokers and advisors.

Probably money to be made along the way.

Https://x.com/Baz9707/status/1866811923276365886

Costa Rican Seeks to Re-Legalize Open-Pit Mining

News in the next couple of weeks about Costa Rica and open pit mining.

At a Crossroads

As Costa Rica debates lifting the ban, the stakes extend beyond Crucitas. The decision could redefine Costa Rica’s approach to balancing natural resource exploitation with its global environmental image.

https://ticotimes.net/2024/11/28/costa-rican-seeks-to-re-legalize-open-pit-mining

You just have to remember this quote from a few years ago, JV has stuck to this mantra, always if and when - but when one of the unlisted companies or Put option bears real fruit NAV would be pushing 50p.

“There are two types of CEO’s within junior mining companies, those loyal to the project and dammed the shareholders – dilution. Those that are veterans and know the only way to make money is you are a shareholder and build in a non-dilutive manner”.

TR1 Nice to see more shares off the market.

To be fair they are offering a decent amount to clear any seller out 300k just over 10p.

Guvvi

You are correct JV is building a great portfolio, but you should care about MMs as you will want to sell at some point and if it was today you would be loosing 15% through the spread. Unlike privately ran companies this is a massive area within investing you should look into. Some days you cannot buy nor sell without it going NT and if you carry on with the order you are with the MM gods and praying they don't rip you off too much.

5th MM could help improve liquidity and reduce the spread, up to the board I guess.

De List is pretty much a cert, Jim Mellon joined the board to make this happen and his 64% holding alone will push it through. The software will go to another of his companies and the reduced costs will probably make it profitable.

More for the owners this way, if they had shareholders interests at heart they would merge a few of these loss making companies.

We all should really be upbeat about the results and the future, to keep me sane that is what I will concentrate on. I switched off for a long time might go back to not looking.

The RNS was so out of time I didn't even get an alert to it FFS. So no one really has seen it apart from us should have attracted new people to the board.

A minuscule 10% divi of profits would change the investor base and perception.

Maybe there is a reason that there is no interest from the company in getting the share price up, great results issued when everyone has finished for the day and no PR.

Mind mind is fried thinking about this.

Costa Rica is it Forest or prime real estate, exploration areas massive difference.

The company needs to reach out to Family fund managers to buy up stock, totally bypass brokers and sell the prospect that is MAFL.

The SP needs to start trading higher for company growth with a few of the private investments possibly coming to up for value events, the disconnect seems to be growing.