Member Info for bonker99

The cotec news derisks but doesn't necessarily add value but the move by Neodymium is absolutely stellar - all the numbers are ratcheting up exponentially with the moves it's making.

A quid could be too low here by the time Q4 arrives.

Neodymium up 7.35%/18.72%/42.08% for the day/month/year - all those numbers you're quoting go much higher ...

Morning.

Neodymium on a vertical climb - a stellar move for Mkango.

Yes, I have a pretty even split here and at ATYM.

Y'all have to get away from the NAV valuation stuff - it just doesn't carry water when it comes to a serious valuation of what a company/asset may be worth.

How much profit is thrown off over how long a period is king - NPV & IRR rule the roost and it's a very easy calculation to get to the market value number from the NPV (very preferably NPV10) at PFS/DFS stages.

AYM (Anglesey Mining) is similar to here - billions of Copper and Gold in the ground and a £4m mcap - I just keep trickle adding there as time goes by, could end up being my biggest winner of all when it goes with the current mcap at just 40% of the 2021 PEA NPV10 market value but that number was derived using $1,275 Gold and $2.5/lb Copper lol so in reality, once it gets going, it's an overnight 4x and a longer-term 10x+, just like here.

New All-Time-High for Copper @ $5.95

Got Copper?

New All-Time-High for Copper @ $5.95

Got Copper?

New All-Time-High for Copper @ $5.95.

Got Copper?

Regardless of the current share price - if they won't bid 30p/whatever then they won't get the deal, simple as.

As likely as not, and as already pointed out, the money guys will get wind of such a deal and/or other money is already moving in to steal the free lunch they thought they'd lined up for themselves by sending the mcap down to a paltry £200m and the volume will balloon in response to that.

You may also have the odd muppet working the boards for them trying to dissuade buyers at 7s because 6s is nailed on etc.

Imagine thinking that share prices (esp in London) have any relation to likely minimum bid value.

MKA was trading at 4s/£15m with barely a trade per day last year and now it's at 30s and looking to double even from there on the back of a $400m SPAC offering on the NASDAQ for the least valuable half of the business.

Time changes things and value outs - reading that value accurately vs the comedy mcaps typically given out by the golden ponytails in the city is the name of the game.

You can see the buys - they're not pocket money buys.

Watch and wait - it'll come.

Copper @ $5.86

@ RK1 - no, I bought my large stake at upper 6s over some weeks/months, I added 25k a couple of times today and will continue to do so on the merest whiff of weakness here.

Copper within $3.5 of a new ATH.

I am enjoying it :)

He's right though - he is very transparent.

Sweating that short like a champ .......

Added @ 7.6p

Fair comment Jerryspaniel but the LME copper price has an average appreciation of c7% pa for the last three years and today stands a full Dollar higher than the updated PFS base case price of $3.85 with both Gold & Silver pushing at double the PFS base case prices.

Moreover, Gold & Silver are currently showing what happens to the lower price when one part of the World suddenly starts pricing it higher as at the Shanghai exchange. By hook or by crook (likely the latter if the LME is involved), that cheaper copper will simply disappear.

All time high hourly close for Copper @ $5.75

For those wondering why I'm here and have filled my boots.

https://x.com/bonker99/status/1947673996037591464

Below c7.3p again.

That's purely technical resistance.

Copper/Gold/Silver are booming right now - fill your boots - I don't see this coming

Gold caning it again ...

It's retreating in reverse at the mo Stack.

Copper just spiked to $5.75, Gold is at $3,417, Silver is at $39

Got shiny metals?