Member Info for bonker99

Must..have..inflation..

Coal being tipped at the mo mate - let's see ...

Eyes down ...

We live in interesting times ...

Au contraire - the SP/mcap was manipulated upwards to forward-sell the inevitable cash call to hapless PIs who don't know how to value a company but she'll be fine from c£30m.

Ever the total BS master - he's such a fraud.

I've been saying for 3+ years that I expect Copper to hit $8/lb

I think the mcap is more than solid at this value - the SP is another matter of course - depends on what they plan to do with the remaining £10m - that was enough to get you a DFS back in the day which would double the marketable value of the tin mine project.

I haven't looked at the sensitivity analysis on the PEA but that wouldn't surprise me - perhaps c10p is about right after all.

Sure ...

"· All study components of the ongoing Feasibility Study, with the exception of infill drilling, expected to be completed by the end of June 2024;"

This means a PFS, not a DFS I assume?

Industry standard metric of a PEA/PFS valuation of NPV * 0.16 = £30m + tin price 10% over the PEA tin price should add another 10% (maybe significantly more) + c£10m in cash = £43m / 8p.

£33m PEA/tin price + £10m cash says this should be at 8p to my eyes unless there's some other imminent liability that nukes that cash in short order?

It was ever thus.

Bodes well.

Right now at PEA level + nothing else like hard cash in bank?

£33m

LOL

Silver sniffing $38 in Shanghai

Won't be long

https://x.com/bonker_99/status/1793220163891868051

Silver sniffing $38 in Shanghai.

Won't be long.

https://x.com/bonker_99/status/1793220163891868051

DFS for the US recycling plants in H2 - will add a hard cash value to the mcap via the DFS NPV.

Neodymium price rise - imminent IMO.

Songwe MDA?

If it turns up then great but Songwe is priced at £0.00 at 7p.

Tick tock.

https://x.com/bonker_99/status/1792503785924804813