Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Now, what do you think is the gross value of a 1% stake in UOG, 19.8% stake in Sunshine Minerals, 4% stake in Human Brands International Inc., 5% stake in Brazil Tungsten Holdings, and a stake in excess of 50% in Oyster Oil and Gas?
Well, if I were to tell you that the gross book value of those assets equate to circa £14.5m you’d probably charge me with irrational exuberance having unduly boosted the company’s investment case.
Alternatively, if I told you that at 0.0020p, 5X today’s closing price, the company is valued at a paltry £9.7m you might, quite rightly, sit up and listen.
Better still, when I tell you that, should Executive Director Donald Strang get his way and prove-up the Djibouti and Madagascar blocks within the next 6 months, Gunsynd will likely sport a valuation in excess of £75m, you might bark the unsavoury but apt remark, “What the ….!”
And so you should.
The stark realisation of the fast-approaching inflection point (the June 07 2019 transfer of Oyster Oil and Gas’ spectacular assets to Gunsynd) has not only brought to the market’s attention a company that had, until this point, largely flown under the radar of even the most avid follower of the small-cap sector, but is also a strong indication of what is to come. Thus, the potential upside currently being sported by Gunsynd is substantial.
We wont get the Oyster result until close of play on Friday I think. Lots of talk over the weekend and then a massive rise on Monday,
Thats the sign of a good company, a number of game changers in its assets.
My original sell point was always ,1p. This is a complete game changer and I am now forced to revaluate the figure by multiples on the positive side.
You would think he would be happy as a genuine investor here(sic).
Like Mr Neil Scott sell when they hear negative news , for example no Fastbase float. They then buy back in when they hear very good news ie Oyster. You only get this access to high level news when you invest big. 200 quid is not enough.
Mr Scott , with his access to Hamish and has hundreds of thousands invested or the guy in the tracksuit with the Yorkshire accent with 200 quid in.
Check out the possible Djibouti oil reserves
Ive always been here buying 30,000 million more below .02. Pond life the perverts that spend there life on a share who. they dont believe in.
who would listen to the idiot Penny whose market strategy is to buy high and to sell low. No wonder he is so dissatisfied with life.
With your terrible record then, I take it you will be selling lol
I like buy low and sell high and its low now. Penny likes to buy high and sell low lol. Who would you listen to.
No, he wouldn't say. That would have been inside info lol.
Last year Hamish told me that it was unfortunate that the Oyster float had not happened. However he also said that what they had planned would turn out to be much more beneficial to GUN. It appears that Mr Scott also believes this. Meantime the sado Penny pincher is home alone spending a large proportion of his time knocking a stock even he claims only owns a couple of hundred quid. Maybe he will be able to buy a friend when this rockets.
Another very positive RNS. Cant wait for the big news on Jamaica.
Ridiculously undervalued still.
This will end blue.
55p seems reasonable.
What a Knob !
Yes , a 50 percent rise is the low 30s, I am expecting ENQ to get there in a week or so. I was implying that it would take longer ie a month or so to get back to the 40s.