RE: Jupiter G&S Fund4 Dec 2025 10:42
The salient point, I think, is that the company are actively looking to monetise all of the assets and that's why we're here of course because we know that Radio Hill would likely take more than the current mcap to build from scratch and that no value has been attributed to nearly $2b of Gold and Copper resource just down the road from that processing plant.
Remember what I said on day one here - it's not just the Gold and Copper in the ground that attracts me, it's the ready-made plant AND the fact that we're surrounded by other mining projects - there's a huge cost saving synergy to be had here and I saw it straight away - hence the investment.
West Coast Silver are even closer to Radio Hill than Carlow and their historical Silver head grade was north of 2k g/t (two thousand) but it was mothballed in 2000 with Silver at $5/oz. Fast-forward 20 years with Silver being pushed as the next big thing and at a price now 10x that and you can see why it's being reactivated - likewise Carlow with Gold north of $4k and Copper looking like it's going to blow up to $7-8 at any moment.
Hell, forget the MOU - let's start talking equity swaps ;)
Got Gold/Silver/Copper all in one place with a processing plant ready to go for £16m?
Anyway, I can sell 10m at the bid and only buy 1m at the offer right now - I'll be taking another 5m, hopefully at this price, when some other funds have cleared unless you lot beat me to it :)