Member Info for darientaylor

On the 5 march and 7 april we had reached the bottom... this bounce off the double bottom tells me we are going back to the previous year's high of 56p within 3 months of that 7 april date. ie middle of July..

So when you see the brokers forecasting only 2 months ago, 'outperform' with a PT of 2140. that tells you all you need to know about brokers targets... useless

What a load of BS... you are basically selling gold and buying crypto, no different from er... buy crypto and some how mentioinng it in an RNS and the price shoots up... just wait until tomorrow and they announce a discounted find raise. people will be washed here. wait for the dump after the pump

A keep the lights on fundraise... people will never llearn. this has been a huge pump... now for the dump

Rather they declared a dividend at the half year and going forward.... that would put a rocket up its chuff

RCE spud incoming....

So at present the market cap is £421 million. take off the cash of £277 million that leaves £144 million... the top 12 companies are worth £203 million...thats a known.... the other 50 companies are assigned zero value but lets assume they are worth £25 mill in total.. so we have £230 million in investments with a market valuation of £144 mill.... thats a 37% discount to book.. and thats being conservative.

Its not rocket science.. is it... its a buy for me all day every day and twice on Sundays

Well Burt777, you have a lot to say for someone 'not invested' most of it is drivel of course.

Serabi is trading on a historical PE of 4.5 when the gold price was $2400/ oz. its forecast for production this year is 42,000 oz which at $3200 per oz puts it on a PE of around 3.... ' you could of' you mean, 'you could have' invested at 36p... very funny

'its a toddler with limited upside'.... from a person invested in PYC with a market cap no bigger than the value of my house... stick to what you know, which to next to nothing.

Sideways consolidation over the last 10 days...expect another move to upside soon

Same although not posting here for a while.... nothing really to post about. Money is overdue. Should see a nice move up when it comes in. Thou shall have a fishy on a little dishy, thou shall have a haddock, when the boat comes in....

Big late reported trades..... I feel a takeover on the cards

Serabi is the best value gold share on the market.. PE of less than 4 for this year. raking in cash hand over fist, a tiny market cap. and new mine on the way. its a gift

They have no products, no revenue and no near term cash income, but go on lets punt on fresh air and a few well connected people

Relentless buying!

A bit late to this party but anyway, just bought a small amount. looking at the numbers with an AISC of around $1650 and gold at $3300+ thats a nett profit of around $1650 per oz times 44000 ozs is around $68 mill profit before interest.... lets call it $65 mill or £48 mill nett profit. which puts this on a PE of less than 4... cheap as chips...

Sad for all those still under water, however the good news is I'm up 19%, so ... silver lining..eh..

Oh, I missed Artois....£7 mill and Crescendo $4 milll.

Top 10 holdings out of 61 companies are valued as follows

Itaconix $1.2 mill

Hnge $55 mill

centessa $17 million

mission theraputics $20 mill

Nexeon $5 mill

oxa $2 mill

oxford nano $138 mill

pulmocide $10 mill

hysata $15

first light $6 mill

TOTAL $255 mill OR £190 mill..

cash at end of March £277 million

That's £467 mill....... so the other 51 companies invested in have zero value, or to be exact MINUS £52 million....

Value will out

Ok explain like we are all 5 year old which ones are dogs and why they are dogs. would love some insight that the directors of IPO have missed

Kipper, thanks for the feedback.... the TP from me isn't just my opinion its brokers too. inn addition we could unpack your latest post..Maybe we could call it a deramp, but I'm not in the business of being judgemental with other peoples opinions valid or otherwise. but to say that the company doesnt give man updates , because the operation must not be doing so well. the contrary is true, they give quarterly updates, in fact last update was a mere 30 days ago and tomorrow they will put out a 1st qtr update, so by any metric they do keep us all informed. One duster will not in my opinion send the share price tumbling as the portfolio is quite diverse and not dependent on a single drill bit. but then its all opinions isnt it. not fact, you fail to mention in any of your posts that yours is just a two bit opinion like everyone else.