Member Info for F1Driver

Easily £25-35m mcap before the RNS lands. Remember

$81m in funding

MOU for offtake agreement

9M warrants at 12-15p expire Jan

Corrupt officials fired

SL cant upset the Chinese who we have a JV with

Fraction of the license explored and already big, but Huge Upside on the field.

Perfect Storm!!

25%, £3.75m revenue per year, £15m in costs to be covered.

£3.75m x 8 for a very conservative valuation. £29m mcap, plus the £15m = £44m mcap.

I said £12-15m mcap on JV for a reason as a starting point.

Current mcap is tiny, upside is huge.

So 25%, £3.75m revenue per year, £15m in costs to be covered.

£3.75m x 8 for a very conservative valuation. £29m mcap, plus the £15m = £44m mcap.

I said £12-15m mcap on JV for a reason as a starting point.

Current mcap is tiny, upside is huge.

Easily £25-35m mcap before the RNS lands. Remember

$81m in funding

MOU for offtake agreement

9M warrants at 12-15p expire Jan

Corrupt officials fired

SL cant upset the Chinese who we have a JV with

Fraction of the license explored and already big, but Huge Upside on the field.

Perfect Storm!!

And "very shortly" from the BOI themselves.

Fintech - in my opinion it will already be at 8-12p before the license lands. Look at the technicals, look at the DMA's all trending up and the 9, 20 and 50 have all crossed the 100 DMA which is massive.

DYOR, that's my opinion based on the available information and £33m coming in (when it does)

£12-15m mcap post JV.

Correct a buy. Directors in higher.

9m warrants at 12-15p and expire Jan. Price needs to be in/above that range for them to exercise.

Massively underated with $81m in funding, this should be £60m mcap on license reinstatement, re-rate up prior.

Reality is a bunch got in yday, expecting RNS today on JV. Idiots cant hold more than a day.

Just sharing, read into it what you will. Looks positive albeit brief.

Our decision is now with the BOI Dibs not GSMB.

Good Afternoon Mr Ravi

I am a potential investor in Sri Lanka and monitoring the corruption around the GSMB and its rescinding of mining licenses, example for Capital Metals Plc.

I understand the decision for appraisals is now being transferred to the Board of Investment and the case for Capital Metals was heard 2 weeks ago. Please can you provide an update on when a decision will be taken to reinstate the mining licenses to Capital Metals given the corrupt ministers in question have been expelled?

Look forward to hearing from you.

Regards

Mr XXXXXXX

RESPONSE:

Good afternoon Mr XXXXXXX

Thank you for your email and interest in trade with Sri Lanka.

With respect to the case you refer, it is currently under review and there will be an update to Capital Metals very shortly.

Kind Rgds

Sanjeevan Ravi

MMs taking the proverbial. Sell of 10 shares at 2.5p, just to mark it down, total manipulation of the book.

Holding tight here. Crazy price.

Almost 10x the mcap.

Just saying.

Fact is we are hugely undervalued. Licenses imminent and the charts are all trending up, short, med, long.

Ill post any replies here.

JV and $81m in funding.

£8m mcap...lol

On what basis 3p. You saying after a £33m JV this will only get to £6m mcap?

Great volume, reasonable consolidation, 6 working days to conference. Licence imminent.

I have emailed the BOI and also the new General and also Chairman of the GSMB, lets see what I get back! :)