Member Info for Early_Bird

Copper on a tear, just got to churn last of the flippers

"Scirocco said that, with a five-year timeline, it is targeting an asset base with an enterprise value of £150mln"

https://www.proactiveinvestors.co.uk/companies/news/941677/scirocco-energy-expands-scope-to-seek-opportunities-in-sustainable-energy-941677.html

$3.6m in cash and cash equivalents
25% in Ruvuma which has a direct read across value of £14m

Now becoming a green energy shell where peers have been trading 4-5 x nav...

very happy with that move, moving in to a very hot sector where cash shells been trading 4-5x NAV

assuming a buyer is lurking taking the shares off weak hands given the trades and price action.

Bodes well as we lead in to JORC next month

myself. Oil price looking great, people selling just spooking themselves

amazing the seller here has been working for weeks if not months, very much going against the market sentiment. Can see this rerating as soon as they dry up

IPO seller done

whoever is smashing out is leaving the party before its started.

Thats a huge step ahead of most

This Interview well worth a listen https://www.share-talk.com/avihu-tamir-ceo-of-kanabo-group-plc-knb-l-first-day-of-dealings-interview/#gs.tpr0qo

https://amp.theguardian.com/business/2021/feb/16/medicinal-cannabis-firm-buoyed-by-london-stock-market-debut#click=https://t.co/lAlV84nTQg

can see this making mainstream financial headlines tonight as first London floated Cannabis IPO does 300% on first day

Massive demand!

£100m Mcap seems like the obvious first target vs peers

agree 3p seems reasonable target here especially in this market with Copper and Tin etc flying.

SML was £30m Mcap few years back with far less and when commodities were rock bottom.

How is this still £10m Mcap...!

Feels like I have some golden tickets

https://twitter.com/power_thompson/status/1361597668678598659?s=20

https://t.co/OmO8IG7ZKy?amp=1

Brett Grist, Exploration Manager of CRL, said: “The CRL team are proud and excited to play a significant role as a delivery partner generating new data for the project, which we believe will contribute significantly to a resurgence of Cornish mining. Success in winning this grant funding builds on our ongoing collaboration with Camborne School of Mines, and will ensure that Cornwall and its rich mineral potential are positioned at the cutting edge of developments in digital data capture, management and interpretation.”

oh I agree ATM much better prospect given its derisked with production and can grow organically.

But you see what happened to the palladium market which is what gave EUA its ridiculously high valuation.... the same could happen here with the Tin market as the size of AfriTins asset is off the chart huge, valuation will become based on its strategic asset size rather than its cashflow

whoever theyve been selling for will be feeling very stupid as most was in the low 3s too... right when Tin is hitting once in a generation sort of dynamics.

Book showing signs of them drying up or at least realising the error of their ways. This could do an EUA type move if Tin continues.

todays issue.