Valuation Gap.9 Jun 2026 12:26
The Lithosquare deal values the relevant Botswana and Morocco projects at Β£5.75m.
"The new warehouse facility is expected to provide Eastinco with expanded storage, handling and operational capabilities, improving logistics efficiency and supporting increasing commodity throughput as trading activities continue to scale, with this Agreement anticipated to potentially increase targeted trading revenues to the Group by 50% before the year-end."
From 7th April: "The Company continued to deliver strong growth in its trading activities during the period, generating an unaudited gross profit of approximately US$306,000. This represents a significant increase from the US$145,000 reported in Q4 2025"
That would imply they are targeting $450k per quarter gross profit before year end or $1.8m gross profit per annum. This company is probably worth at least Β£10m if not more. I suspect there are a few more CLN shares left to clear but not many now. Due to the liquidity, it wont take that long to move when they do clear. All imho, nai, dyor.