Member Info for edgar222

Significant optimism

https://x.com/edgartwo2/status/2054990493428113659?s=61&t=qBcoKadtpeaziPRqZIXyxg

They are all on this thread. 8 so far.

https://x.com/EdgarTwo2/status/2053802485249180061?s=20

I think KDNC in the 5s with all licence's in place and weeks to production is a much better investment than when I bought in the 3s.

Market will catch up. But this is now a serious buying opp.

Https://x.com/i/status/2048670176908906924

Scheelite City - dense starry night (white scheelite). FYI field mapping, geophysics, trenching underway now along our 3km tungsten trend Great Western Mining Corp PLC #tungsten #criticalminerals #defensemetals #defencemetals

Hat tip Tozzer on X

Been thinking about wsbn as a comparison.

It did x20 pre results.

I was in for a bit of that.

Just sayin'

Only a bit of fun. But assuming the licence is signed, production starts June as planned, what share price do we hope for by end July?

Basher

You do. I did. ;)

GLA

Have re-posted as loudly as I am able on Twitter.

Great find.

The dream ticket. Further drills beyond CH1. Have been hoping for this. Every hole a producer and increasing income and at the same time proving up the 3D seismic estimate of 13TCF (subject to whether this is Ntorya or wider). Fantastic. Fingers crossed our assumptions are correct.

Watchouse

Tried to join telegram and there already was an edgar222. Will try again. But in case you think I am posting anything in telegram, I am not (yet)

Best

Very immediate timescales for work on the ground in that interview. Days / weeks. Further cuts and assays then drill campaign July. Maiden resource estimate later. Newsflow obvious.

Https://x.com/i/status/2035982706652086698

Jonny

I agree with everything you said except the hold. I think this is a buy. And did so again earlier this week.

GLA

....by me today, fyi.

Great find Ufufuo

Drill and 3 wells producing by December would be an extraordinary result. I hope you are right. The on the ground events do feel like a coiled spring at the moment. And I have been wondering if the rig contract about to be announced will actually be for more drills beyond CH1.

GLA

Great to see the positivity around us now! About time. It is all so inevitable it is painful to wait longer.

What will be the re-rate tipping point. First stop close above 2.5p. Might do that without further RNS news.

The real gains here are production and CH1 dove-tailing. Sorry am now just repeating myself. But hopefully I can be forgiven as we have all waited so long.

Initial results comparable to GMET.

Wonder what happened to them?

(The chair lift was skiing, not my own staircase. I am a lot older than when I first bought Aminex but I have not hit that stage. Yet)

I should just add, based on the NT2 price action (intraday 8p, settled at 7p for a while, up from 1p) you can expect spiky excitement and pull backs during the drill. Even with the farmout dilution of licence (75% down to 25%) we are going to have more gas than then. And I am not sure I think spiky is the correct way to describe that share price movement, either. I vividly remember sitting on a chair lift with the price going up 20% for day after day. Not huge spike and pullback.

And now (during CH1) we will have a floor under us because of production and income.

Wookie

I agree. Based on Cove sale (over £1bn), reserves, income and assuming we prove up what we are estimating (so 2TCF to Aminex in Ntorya alone not the wider licence) 10 - 20p seems reasonable. Thats £460m - £920m mcap. At 2 Tcf in the ground the higher end is correct, I believe.

The wild cards include, the chance of oil, there being much more gas than even the 8tcf estimate and the full field development (13 more wells?). My fear is not whether I achieve a life changing share price but whether I will EVER be able to sell. I suspect on the basis of the long term plans I am going to believe it is always going up. (Not joking about this!)