Massively undervalued5 Jun 2026 07:14
Some calcs just for Gravelotte Emerald mine
Low estimate for Gravelotte Emerald Mine 29 million emerald carats .
High estimate 344 million carats
initial sales package sold for low cost of $5 a carat. 29 million would be $135,000,000. 344 million is $1.72 billion and that’s at the low carat cost of $5.
MCAP £2 million
That’s just for Gravelotte mine not including the Zambia asset rare earth minerals project and the Curlew emerald mine in Australia
Considering the chairman owns 50% of shares and 64% of shares in total are held by major holders… this is just awaiting a serious re rate in my opinion
AGM this month and results due by September.. I have a feeling that the below 1p price may not last forever