Member Info for EyeGuy

these profits could mean a 4 - 5 bagger from here over next few days

this will double again tomorrow imo. just you watch

fag packet maths. 35000 oz annually. profit per ounce circa $900.
So as a JV that is $15,750,000 annual profit (minus debt repayements)
That is half a billion dollars for mine life. YES. HALF A BILLION DOLLARS PROFIT

- tax and capex

They will clear $17.5 million profit annually based on those figures. Over life of mine that is $500 million PROFIT.
Bloody brilliant

lol. you are my lucky charm EM 1978

I paid 1.05

5p tomorrow imo

35,000 ounces of gold per annum and to have a 35-year life of mine.
mcap £2 million. maybe 500% rise on this. amazing, best RNS ive seen in ages

200-300% rise on this possible

amazing RNS wow. just wow

This share had a year of trading between 0.25p and 0.40p on far less. No reason why it can’t get back there sharpish

NPV is on the rns on Monday. But that is without today’s rns so NPV will have to be higher than that depending on outcome of talks with mou partner.
It’s only a small % of the license area. And with Li picking up it’s going to be a good rise imo

Looking strong and the buys are still coming -

-NPV $200-300 million
- production said to be next year
- offtake with Singapore investor and Chinese
-ESIA studies in

Only scratched the surface of what is there
Re rate back to 0.30p ?

NPV $200-300 million which after todays news would seem conservative. Production next year into a rising Li market.
Project scaleable.
Mcap £6 million vs those NPV and revenue figures. Surely in for a good many sessions here

Essez mafia- revenues from this operation (which can be scaled are $1.4 billion. YES $1.4 billion.)
Market seemed to miss previous RNS released :
LOM revenue exceeding USD$1.4bn, with an initial concentrate sale price of $680/t based on operations commencing H2 2021, thereafter, increasing 2% year-on-year.
· Proposed 2Mtpa processing plant utilising a conventional flotation circuit to maximise spodumene recovery:
o Estimated C1 cash costs of USD$431 per tonne concentrate (USD$466 including royalties and sustaining capital).
· Capital requirement for development estimated to be USD$117M plus contingency:
o Forecast payback period of 1.7 years;
o IRR of 58% (51% post tax).
· Pre-tax Project NPV7% of approximately USD$300M (NPV7% USD$200M post-tax).

Not sure why it dropped from 0.3. They have an offtake with Singapore based investors which want supply for the Chinese market. They have the ESIA and now this. Interview said funding should be ok- draw own conclusions.
Certainly could triple from here

wow. 57% up now

looks like a move into 0.08's

looks like Chinese investors will be funding this- based on offtake
dyor

0.07 ask. 0.10p today?