Member Info for F1Driver

ORCP, ROCK and TM1.

Couple others which I will enter if price stays as is now in early Jan.

Average now down to 0.32

So 100 tonnes costs $300-500k

Wolverhampton can process up to 22,000 tones a year. On one shift 8,300 tonnes.

Assume a commercial offtake of 12,000 tones a year, thats $36-60m depending on value.

Better get buying as that instant rerate to £100m mcap minimum.

After 350% rise thats still a 12-15x multiple.

Just for the record I bought in at 0.41 (as huge value from there) and then topped up at 0.31 with average at 0.36.

LFG!!

Expecting it to breached very fast!!

Letting mates in imo.

So 100 tonnes costs $300-500k

Wolverhampton can process up to 22,000 tones a year. On one shift 8,300 tonnes.

Assume a commercial offtake of 12,000 tones a year, thats $36-60m depending on value.

Better get buying as that instant rerate to £100m mcap minimum.

After 350% rise thats still a 12-15x multiple.

Talking other than those parties.

This also puts TM1 on the map as the news today people look at Glencore who are a MAJOR and think we should be in there.

Remember the capacity today is 22,000 tonnes a year at full shift. Its very likely other interest could follow putting more pressure on Glencore to get to a commercial deal ASAP. No time to waste.

Those figures are conservative. They are looking to build 4 more plants in the UK as well.

Might make more sense for Glencore to just takeover.

So 100 tonnes costs $300-500k

Wolverhampton can process up to 22,000 tones a year. On one shift 8,300 tonnes.

Assume a commercial offtake of 12,000 tones a year, thats $36-60m depending on value.

Better get buying as that instant rerate to £100m mcap minimum.

After 350% rise thats still a 12-15x multiple.

Clear 0.22 this morning for a 0.3+ close hopefully

In fact, many argue that it has already been decided which company will be involved in the exploitation, due to a reference to the text of the notice, which has been leaked and states the following: "For the purposes of fulfilling the financial and/ or technical capacity o The lessee will rely on the financial and/or technical ability of ROCKFIRE RESOURCES PLC . This particular Australian-based base metals, precious metals and critical minerals exploration company is the one that identified germanium in the Molaus of Laconia.

Yes but being likely candidate for a takeover....£100m mcap easily

Sure they do. Post the email. They wouldnt share that over email.

Go big or go home.

This should be sat at £100m mcap ahead of any buyout.

LFG!!

2.2p is £70m mcap. Nothing.

Fair value is £100m right now.

As this is a steal.

Value will out, only a matter of time.

EUA went to over £1bn in mcap on rumours of a buyout.

We should definitely hit £100m mcap

Is 3.8p

Fair value ahead of any buyout. Allenby note is old now, not accounting for China.

Absolute nonsense you were in EUA or GGP. Also to claim to have sold at ATH's when EUA especially wasnt their long.

You were also on none of those boards at the time.