Member Info for Dibs61

Blockbuster news for EST Shareholders this morning. A DOUBLE whammy of excellent news.

1.Verkhuba advanced JV negotiations

2.Endeavour Mining investing just under £2m in the company!

ALL funding concerns put to bed. We have one of the biggest gold producers in the world as our LARGEST shareholder now!

Just One of the negative aspects of the SP consolidation (it does NOT benefit PI’s) is that it drastically reduces liquidity which is very important to private investors. This will result in more volatility to small amounts of trades.

The consolidation has been done for one reason and one reason only - to continue the Ponzi scheme and aid further massive future dilution. Just keep the whole thing rolling along.

Currently up 14.29% with silver soaring @ 57.24 😮

Looks set for a good day here tomorrow

Only a matter of time before they show up looking for Kazakh Copper….

https://www.mining.com/solgold-rejects-jiangxi-takeover-bid-amid-copper-deals-frenzy/

Bullish for our prospects here. 👍🏻

RNS, as was always going to be the case, non event.

Warning : Share consolidations historically - generally - lead to a REDUCTION in the SP. So be prepared. And to me it is blindingly obvious why they have done it. It’s not the first time!

Investors are getting twitchy.

Falling knife springs to mind.

Showing signs of life again?

The only insane thing here is the vast amount of dilution over the years - and on it continues…. Shareholders have been destroyed. 63% of the upcoming shareholders capital will be DILUTION.

And tell me, if this was so undervalued at a tiny £3m why no big Pharma have snapped it up? They’ve had the last several years to do it but… tumbleweeds.

Quote RNS :

“The Company expects to be EBITA positive on a monthly basis by the end of 2028.”

THREE more years!! What investor on AIM is to going to wait that long! And even then, absolutely NO guarantee.

Continues to be a lifestyle business.

This is a long term HOLD for me too. I see big bucks returns here. I think we’ve been affected by the short termist nature of many AIM ‘investors’. The idea of holding a stock for a year or more horrifies them.

We now have major financial backing for what will be a substantial percentage of our exploration prospects going forward. Very few micro AIM explorers can say that. Plus we get paid by Endeavour to manage it too! So, all in all, a rather perplexing market reaction to the JV which, incidentally, was completely left field and out of the blue.

Oh yes, he’s clearly one of this mornings ‘dumpers’ then!

Very very shortsighted.

Mikey - yes I thought I heard him say that too…..

If we’re correct that’s a bit of a giveaway isn’t it?

Genghis - def NOT my take. Not sure where you got that notion from?

Drilling Assay results from summer

New licences

JV update

Snowy update

Etc etc

He was understandably a bit cagey about possible Verkhuba JV when asked. Obviously he can’t say anything but it wasn’t ruled out.

The possible Endeavour JV targets sound very juicy and I was interested to hear Snowy ‘could’ be included! This would actually be very positive if Endeavour accept Snowy inclusion because that would reduce the need for any dilution next year and could accelerate the project.

Overall a very positive presentation and 2026 could be stellar!

Recommend ALL PI’s (potential and prospective) as well as holders WATCH this presentation.

Market has not recognised the significance of the deal OR the potential of the company.

Genuine multi bagged potential with very little downside risk from here

You’re correct sw10000. It may even be slightly less than 5-10% of the value of ozs in the ground. However the further drilling completed this summer may result in an updated increased ‘indicated’ resource which would uplift the value again. We may get that new number before end of the year. In any case, in the event of a sale of Verkhuba we are talking about a sum of money well in excess of the current MC of the company. This would be completely transformational.

Think it can’t or won’t happen? Well, look at the deal they struck last week with Endeavour.

No one saw that coming!

Much more to come here.

Doesn’t look like a P&D to me. Actually holding up pretty well.

If the SP ‘increase’ was around news it wouldn’t have been that modest, nothing really. More of a technical dead cat bounce after a big drop in the past week or so.

Zeecoshares - Welcome! You have made a very sound decision. Sign up for the InvestorMeet Presentation next Tuesday.