Member Info for buzz53118

£40K & 20K BUYS FLOODING IN!!!!!!!!!!!!!

12,000,0001.12

-

1.186,000,0003

Depth 8

11:57 PEEL 2,000,000 1.12

11:43 MREX 2,000,000 1.1

11:43 JBER 2,000,000 1.08

11:42 SCAP 2,000,000 1.08

10:59 INV. 2,000,000 1

11:18 SING 2,000,000 1

11:17 ZEUZ 2,000,000 1

11:59 WINS 2,000,000 0.9

8 Depth

1.18 2,000,000 JBER 11:43

1.18 2,000,000 MREX 11:43

1.18 2,000,000 SCAP 11:42

1.2 2,000,000 INV. 10:59

1.2 2,000,000 SING 11:18

1.2 2,000,000 ZEUZ 11:17

1.27 2,000,000 PEEL 11:57

1.4 2,000,000 WINS 11:5

NEWS DUE IMMENENT HUGE GREENLAND ENERGY ANNOUCNEMENT PENDING - GREAT ENTRY PRICE!!!!!!!

HUGE BUYS COMING IN!!!!!!!!!!!!!!!! WILL BE OVER £1M PURCHASED BEFORE US MARKET OPENS

Genuine Q not sure why you are telling me ? :)

Called it, get your money in these levels are going to be a thing of the past!!!!!!!!!

NOT SELLING A PENNY AND TOPPED UP HEALTHY THIS MORNING.

DYOR THIS WILL RE RATE ANY DAY

I've done extensive research you will not go wrong , if my estimates are right which I'm confident they are I think 3.75 by end of August, possible September 👍

WRONG

⚠️ 3. “£1.0m Loss if Best Case Realizes £1.49m”

This calculation assumes:

£2.49m loss recognized in accounts, and

Maximum £1.49m consideration received.

Mathematically: £2.49m – £1.49m = £1m shortfall.

✔️ That math is straightforward and matches the headline comparison the post makes.

🔍 However:

The £2.49m figure is an accounting loss attributed to the project, not necessarily the full cash cost to shareholders of acquiring and exploring it.

Accounting losses can include non-cash charges such as impairments that do not directly equate to cash spent.

Contingent consideration is not guaranteed and may never be paid if no compliant resource is defined.

So while the poster’s arithmetic is correct on its face, it doesn’t fully reflect the nuance of how exploration company accounting works (and how shareholders interpret returns/costs).

❗ 4. Valuation Comparisons

The post claims:

“A certain poster previously ramped Kangerluarsuk at an estimated $34m valuation… under 6% actual disposal price.”

There is no publicly available evidence in regulatory announcements or company reports that:

80 Mile or any official document ever valued Kangerluarsuk at $34m.

The company publicly marketed or held an independent valuation at that figure.

📌 This appears to be an external market opinion or social media valuation, not an audited or company-issued valuation.

No such valuation appears in RNS announcements.

So this specific claim about a $34m implied valuation lacks verifiable evidence from official sources.

📌 5. Sale Proceeds vs Other Assets

The post also asserts:

“Actual sale proceeds for a basket of assets have come in at around 0.6% of estimates…”

There’s no verifiable publicly reported metric from the company that calculates aggregate sale proceeds versus external valuation estimates. This appears to be an opinion or social-media calculation, not a factual company disclosure.

🧠 Summary: What Is Factually Supported

✔️ True based on official 80 Mile documents:

Kangerluarsuk was sold for US $500k upfront and up to US $1.5m contingent.

Losses attributable to the project in 2023 accounts were about £2.49m.

⚠️ Context matters:

Accounting losses and cash invested are not identical.

Contingent payments are not guaranteed.

❌ Not supported by official sources:

Any official valuation of $34m for Kangerluarsuk.

A verified statistic showing 0.6% realized proceeds vs valuation across assets.

It's about to turn, and it's about to blow!!!!!111 Strap in, HOUSTON WERE GOING TO THE MOON!

Starting to tick up - this will finish 10+%

Not really, 13% up with a 12% spread lol

Whoops spelling mistake, atleast you know I ain't AI! Lol

Excellent announcement, if your here now congrats!!!! Your VERY EARLY.

MMs doing a great job of keeping this down to fill large buy orders, this is going to finish blue all day long. Tested 0.1 and bounced above as expected.

With news due IMMINENTLY USE THIS AS AM OPPORTUNITY TO TOP UP!

You will not see these levels again after this week, GLA

Soon as we get the greentick on the nasdaq listing (due any day) we're going to blow. I've had a few top ups today off the back of other shares. Happy with my holding and excellent price to get in at! 🚀

Jameson Leads a Re-rating

Trigger events:

Two funded wells in Jameson show evidence of a working petroleum system (even if not commercial).

JV partner floats on NASDAQ as Greenland Energy Company, validating valuation metrics.

Market prices 80 M’s 30 % stake at realistic oil resource multiples (e.g., using US$ per barrel valuations).

Valuation logic:

Recent RNS implied value of 30 % stake ≈ US$92 million on today’s terms before drilling.

If drilling results are encouraging, market could re-rate based on prospective resource value plus exploration optionality.

Potential share price impact:

Immediate re-rating could take 80 M from ~1p to 2.5p–4p+ (~150%–300%+ upside).

This represents the core upside story the presentation is built around — turning a substantial resource estimate into a credible investment narrative.

This is huge!!!!!!!!

✓ JV ag reeme nt exe cuted w ith Ma rch G L (to

be renamed to Gre enla nd Energy Co

(N ASDAQ: GLN D)

✓ G LN D wi ll fund 10 0% of costs assoc iated

w ith two explora ti ons wells at James on,

ea ch to a de pth of >3 ,5 00 m etres

✓ 80 Mi le i s fully f re e carrie d throug h the

drill ca mpaig n

✓ G LN D wi ll earn 70 % inte res t in the

Jame son projec t in re turn upon

comple tion of the w ells

✓ 80 Mi le to ret ain 3 0% of the project onc e

the w ells are completed, val ued at

US $9 2M, including 30 % of the project’s

>1 3b n b arr els (P 10 ) p

Literally less than 6 months away from STARTING DRILLING!!!!!!!

"Binding Agreement signed with March GL (to be renamed Greenland Energy -

NASDAQ: GLND) to drill two 3,500 metre holes during H2 2026"

Re rate is inevitable at this point

Ive got her blocked lets talk 80M :)