RE: Dicko8013 Oct 2025 18:44
My view on the transaction hasn’t changed , I was commenting on the other board as I thought the valuations were unrealistic , happy to be proven wrong of course 😁
Last month I posted a valuation of £350k -£500k for CI (from memory) same post as SOMA royalty for just under a £1m
but since then the gold price is up 25%+ so I have used my previous top end valuation
If they get £500k , that’s £1.5m in the past month , puts the company in a much stronger financial position but then they’ll be able to progress with OZ with the partner out of the way , which we know they already have strong interest and ultimately create more value for shareholders
AB worked weekend night shifts, so seemingly in a hurry to tie the CI deal up (presumably this is what he was working on)
Question is why …
Why not deal with it this week ?
Well that’s probably due to another urgent deal to attend to
I expect an update on DRC this week ✈️