Member Info for enzo88

@lovelife I wish...

According to a quick search

'Mid-Cap Oil & Gas Market (GBP) - 2025/2026

Definition: Mid-caps generally represent companies with a market cap between £500 million and £4 billion, often listed in the FTSE 250 index.'

So accounting for another fundraise with more shares issued in future, rounded figures and being conservative at the lower end, with 1,700,000,000 shares issued x 35p = £595,000,000 mcap

So more like a 10x~ from these levels if results are good.

Aimo wtfdik

LFG!

£6.43

Hopefully

https://m.youtube.com/watch?v=VajTt1hrT4k&pp=0gcJCR4Bo7VqN5tD

Udog is a poor example. We all know how that ended

Todays placing stinks and reminds me of Lenigas' days with UKOG and Angus energy. Both flops. Lost bags of money on both and not repeating the same here. IMO gla

Not sure if anyone else has done this already, but it struggled to find Analyst/broker target sp other than one at 1.38p from wallstreetjournal which we're way past anyway.

Persisted and it gave the folowing

1. Resource estimate

GCM’s Phulbari Coal Project reportedly contains 572m tonnes (Mt) of thermal coal (JORC compliant)

Strip ratio: ~6:1

2. In-Ground Valuation of Coal

Rule of thumb for coal in the ground:

Valued at $1–$3/tonne for undeveloped resources in politically risky or unpermitted jurisdictions.

For Bangladesh (high political/regulatory risk), use $1–$2/tonne as conservative.

Valuation range:

572 Mt x $1 = $572 million (low-end)

572 Mt x $2 = $1.144 billion (high-end)

3. Discount for Project Risks

Apply a heavy discount for:

- Lack of permits

- Political uncertainty

- ESG concerns

- Zero revenue

- No clear construction timeline

Use a 90–95% discount to reflect these issues.

Risk-adjusted project value:

$572M > $28.6M (95% discount)

$1.144B > $114.4M (90% discount)

4. Valuation in GBP

At $1 = £0.78:

Range becomes ~£22.3M – £89.2M

After recent placings, GCM has:

~282m shares outstanding (post-March 2025 placing at 3p for 33M shares)

Implied share price:

Valuation (£M) Per Share Value

£22.3M ~7.9p

£89.2M ~31.6p

5. Key assumptions

- Project eventually approved

- Moderate development timeline

- Minimal further dilution

- Market assigns fair resource value to the project

- CAPEX not taken into account (~$3B estimate), opex, royalties, or taxes

- ignores additional coal-to-power integration value (GCM planned 2GW of coal power)

- Highly speculative without licensing progress

'"With capital raising conditions still challenging, this is considered to be the most effective solution for maximising the potential of this opportunity.",'

Hopefully not

New investor here, was looking into the company and couldn't help but notice when searching for the company via search engines the WordPress logo appears rather than the company logo. For a company in the main market (not AIM), they need to do better. The website in general needs work as it looks outdated and can put potential investors off.

Quite annoying they can't reveal much yet. Hence sp remains stagnant around and under 1p mark

Snippet from the bullionbypost newsletter

'Gold has also dominated headlines after President Trump announced plans to visit Fort Knox to personally inspect US gold reserves. There have long been claims of gold being removed from Fort Knox, despite assertions of annual audits. No timeline has been given as yet, but the results of the visit will be eagerly awaited by those who have claimed the gold in Fort Knox is gone.

There is also growing speculation that Trump may revalue US gold reserves, which currently total 8,133 tonnes but are still officially priced at a 1973 valuation of just $42 per ounce. With gold trading around $2,900, this massive undervaluation represents hundreds of billions of dollars in unrealised value. A revaluation could have major financial implications, potentially helping the US renegotiate debt or even partially selling reserves to repay obligations.'

$42 to $2900 is almost 70x. Obviously not saying that's what would happen to gold price. But what would this mean for gold prices? Or would this just affect the paper gold market?

Any thoughts from speedy et al appreciated

Feel for anyone who has lost money on this. I first came across this share when Justin Waite made a vid on it. Glad I merely added it to my watch list. But I made losses elsewhere like udog and Angus when the hype was there. The house always wins as they say. Just got to be more careful in future

Discodave is there any point in giving you the justification for my price target if you'll just end up filtering me like you have others when you didn't like their justification? Give the dancing a rest mate.

Bizarre why would it be reported so late.

From their website

In 2017, the Bayford Group acquired the licence to set up Gulf Gas & Power for the UK and the Netherlands, selling great value gas and electricity to homes and businesses. The acquisition of E Gas and Power Ltd in 2020 with over 170,000 customers made the Group a significant player and challenger to the big six energy providers.

The global move away from fossil fuels has allowed Bayford to move into the supply of Electric Vehicle charging points for businesses and homes. The company has recently become the largest shareholder in RAW Charging which is installing EV chargepoints into businesses and leisure facilities across the country.

Bayford still retains a significant shareholding in The Right Fuelcard Company after selling a majority stake to Edenred plc. Bayford is also currently the largest shareholder in Fulcrum PLC, a multi utility infrastructure installer which operates at the heart of the UK’s aim towards Net Zero emissions.

I'm not going to waste time retyping what others have already said. If you want to read whats already there you just need to unfilter

Ofcourse not, lth or shorter, post away. Agree £100 is too far a stretch imo (even as a long term holder) hence why my medium term tp is 25-£30. But equally your deramping efforts need to be called out. Balance is indeed needed so please explain why peers are trading much higher as per sparkys comment?

Just curious DiscoDave what do you think fair value is for Yu in your opinion? Rest of us (mostly) believe this is still undervalued compared to peers and personally feel this should be £20 atleast imo. Also if you think it's overvalued what are you still doing here?

Just curious DiscoDave what do you think fair value is for Yu in your opinion? Rest of us (mostly) believe this is still undervalued compared to peers and personally feel this should be £20 atleast imo. Also if you think it's overvalued what are you still doing here?

Also anyone know if broker ratings have changed?