Member Info for Craigyy

I actually feel that the next news could really have a good impact on the share price which would make a nice change. Fingers crossed.

I've been using HL and was trying to buy 2k the last few days and couldn't get a quote so I had to try a smaller value, less than 2k I get a quote. Very strange. Gla

I’ve also just realised the figure i have come up with is exactly 10X the brokers note valuation. 0.071... honestly never meant that haha

Like I said if you think any of the numbers are incorrect let me know and I’ll change them. I read 5% in ground value online somewhere is a sort of average figure for sale price of a mine but obviously this could differ. So if it’s 4% using the calculations it would be 0.57 pps and likewise 3% would Be 0.43 pps. Obviously there’s many factors in play so none of this means a great deal until the mets and assays are released. Just have to wait and see but there’s certainly potential. Gla

I’ve actually been lurking in the shadows since about October haha new to shares but previously invested in various funds over the past few years but thought I’d give this a go. Learnt a lot from this board so thanks all round, I feel like we are near the end, can only imagine what it’s been like for long term holders. Gla

I’ve been doing a little late night maths just trying to come up with a possible sale value, the figures I have used are from the EUZ website and a rough 3 year average of prices found online. I may be way off with this so don’t take it as gospel lol

Toral Estimated Value
Zinc (tonnes) = 830,000
Zinc price per tonne = $2200
830000 X 2200 = $1,826,000,000

Lead (tonnes) = 570,000
Lead price per tonne = $1800
570000 X 1800 = $1,026,000,000

Silver (ounces) = 14,000,000
Silver price per oz = $17
14,000,000 X 17 = $238,000,000

Zinc, Lead & Silver in ground value combined = $3,090,000,000
5% (I think this is reasonable for a guesstimate) of $3,090,000,000 would give us a value of $154,500,000

Converted to GBP would be £119,498,798
119,498,798 divided by 16,720,000,0000 (number of shares in issue) would give us a share price of £0.007147

I.e. 0.71 pence per share

This I believe would be an ideal situation however I am no expert and if anyone has anything I have missed or think I am incorrect in anyway do let me know. I’m here to learn and there far better investors on this board than myself so please feel free to comment. Gla

Bb he means across 2020 and 21, look at the table below the first few paragraphs, 95t to 155t of zinc by 2021 at Neves-corvo. Although I agree i couldn't see them getting this by 2021 from Toral

Thanks bricks a very interesting article hopefully they are eyeing up to buy us. (fingers crossed)

Unable to get a quote from hl this morning has anyone else had issues?

I would think so and don't call me Shirley

Mapp you always post the same drivel.... Dodgy AIM etc etc, why?

Wow, what a read! Much appreciated Lloydy and Laurence.

Robs post from this morning:

RE: Stop selling08 Nov 2019 09:55
Good luck to all of you. I am now finished here, I wish you all well. I may buy back in but I genuinely wish this deal does come off for you. Jarv your insight has been great and enjoyed reading your posts. Thankyou

Ask yourself why is he and a few others who are not invested posting on this. If you sold all your shares would you not move on to the next investment. Or are they purposely de-ramping and ramping to make the odd 10% here and there. The fundamentals haven't changed. Hold onto your shares.

Rob you're clearly not clued up on this or just trying to get the price down. Either way please stop posting s**te