2p - 5p, been here since 2021 check my post history, valued in the past as 4p+ with 2 mines in SK we have 3 mines now 2 SK and 1 Philippines.
Align back then valued at 16p+ (once in production)
The value added by the $6m invested by south Korean businessmen is nearly complete.
Mcap was £5.70m on 07.05.24
anything below 2p is a solid entry point IMO.
Why Bobat123 Genuinely?
Surely we can use that to our advantage? if it gets over hyped which I've seen we could hit the likes of 9p+ before were even close to being valued at that. Then when they all panic we could buy back in...
It could be quite nice profit taking, I'm unsure how they could mess it up would anyone be able to explain please?
Thanks for your time.
Tbf, this share always gets quiet quickly and also crashes quickly... the difference this time is vast though... Sticking to my plan 4p - 5p a small amount over 12 months... I'll probably carry on a gradual increasing my position until 2p... The directors have loads in at that level as well....
you are right though it's too risky to sell at this level considering the potential... al though I can see some people de-risking their positions.
what's ATB?
Not really if you got in at 0.8p you've made 100% de-risk yourself sell half and move on... Let the rest ride come back in 12 months... I on the other had did not do that and constantly missed my timings... but that's what I'd do.
I think it might go back to being quiet now Jersey for the next 3 months+ until we get some more solid news and the next leg up.
So potentially another good position to enter... I'd like it to carry on, but we will see...
Investors,
Keep it realistic at present we are still on a consistent solid rerate to 1.5p - 2p, with a gradual build up of people creating positions.
I've seen 80% buys to 20% sells also around £200k buys per day approximately. The past highs were 4p - 5p so again this is a seriously realistic targets. Could be a fantastic year for BMV and investors.
We need to keep in mind the following:
The hype train has yet to arrive. I Suspect that will be in the next few weeks/months.
Mountain mining permit (it will occur just a matter of when) if it doesn't we drop if it does we Rocket.
3rd gold mine JV partnership (potentially)
Philippines was not included in the value at all time high of 5ps...
Mcap was £5.70m 07.05.24
Mcap is £8.91m 18.05.24
Mcap Rerate to £9.7m
if your wondering how I did my basic Mcap calculations, I added the investment value and rounded down to £4m even though it's not our money they are still financing a project we are invested in.
6 months 4p+ 18 months 7 - 9p
DYOR
We have 3 mines Gubong’s, Kochang and Batangas. we tried to do it ourselves and failed for at least 2 years...
1 of those mines Batangas was wrote off in that time frame... came back as the proposed free carry that is being progressed.
Clearly making serious headway as BMV have decided to do that with another one... The interview last month said they were doing this no one expected it was this far down the line in progression and it's fantastic that it is.
Mcap is lower/equal to the investment at present "capital commitment of around US$7 million" This was worth 4p+ during the promise phase with 2 mines. Alight Research valued it at 16p around that time...
We've dropped massively and the company has very little faith due to consistent bad news... which is why we are where we are... This is easily worth 1.5p now due to Mcap to investment alone.... I'm hoping for a rerate to 4p...
DYOR I am a LTH with a plan of small amounts at 4p+ gradually, Chunk at 9p+ Chunk at 14p+ I'm hopping the Share stays at 1p for longer so I can continue to fill my boots...
GL All!