Member Info for EyeGuy

Gold miner= clueless deramper. Filtered

I remember EUA at this price with folks talking it down.
3 months later 9 bagged

No worries Tom. This is a world class project and now parties finding a solution. $1.05 billion NPV vs mcap £2 mill. Plenty of legs. Certainly 3p possibly any time

Tom- it’s oversold from 2.8p.
I thought it was a good bet at 2.8p. Lots of blue to come imo

Target 10 bags from here.
And that’s conservative

Boom. 1p today ?

Wowsers. 14 bags are on ;-))))
Big day todah

Yes. 10p is conservative as that is only 12.5% NPV 10
Chinese could offer more if a takeover was to happen.
At 0.5p I’ll take my chances here

Would be amazed if 1p wasn’t smashed early next week

I think at this price the only way is up. Surely 3p for starters and this seems much better than when I was paying well over 2p for these

We suspect as the wheels get put in motion to bring this transaction to completion that the latent value arbitrage will not have gone unnoticed by many other observers. Indeed, if I were the corporate partners/participants alluded to in the RNS of Tuesday I would simply look to take out Plc given the disparity in value between the value on the project and the Plc’s current market valuation in any residual interest. Buy.

The third alternate valuation route is to simply take the NPV on the project that has just been newly assessed at just over $1.05bn. Assuming a post farm in residual 30% interest in this results in a value of $315m. Based on the current FX rate this is a quarter of a billion pounds. If we halve this, halve and halve again for the risks still attached re completion in order to be ultra conservative, we get to £31.25m. Based on the current share count this produces a 10p per share level.

From note:
Consider that back in 2011 that Plc shareholders, before the licence dispute, had a circa 80% interest in the licence area (adjusted for Cavaco & Veloso’s then stake) and the company was valued at £80m

Wow. Read this align note from last year - until we await the new one. 10p per share will do me
http://www.alignresearch.co.uk/pathfinder-minerals/pathfinder-minerals-potential-licence-resolution-update-see-through-value-approaching-10p-per-share/

10 -40 bagger possible here. In it to win it

NPV $1.05 billion .
Almost $10 billion revenue over 30 years. PEA done.
Subsidiary of the chinese state taken a strategic interest. Closer than they have been in 9 years.
Mcap at lows. Lmao

Should hopefully see us through until the warrants at 1.5p. Chinese takeover and this is 10p plus imo

Boom.

Kiwi- agree. End game here double digits imo.

Imo wait for the align note. If they have their target price of say 10-20p per share based on positive outcome, we could well see 2-3p on that alone.