Member Info for gotabesirius

Was great news. This investor is Chairman of the aforementioned bank. Neither of which are on the share register on the website dated October 2016. We can assume that this investment was the reason it was so hard to buy late 2016 as the price squeezed higher

How do you figure that? If you take a look on the asa website and note major holdings over 3% David Li is certainly not there!!

In my opinion this company is undervalued by about 50%. With Nav and cash well over £4 million I think a market cap of £3 million is a bottom line. With PPG, PIRI and cash alone accounting for £2.5 million we can begin to grasp the value at a market cap of just over £2 million. A big difference from the past is that most current assets are listed companies which are much easier to value and more liquid to release cash. Additionally, PRS has a bundle of warrants and options with their various investments which on the balance sheet have no value, but when an investment share price moves, these warrants can be extremely lucrative as we've seen with the likes of ppg and mtr. This is an extremely safe, diverse investment for an AIM microcap with very little chance of dilution, cash and easily accessible investments. There is also the potential for shareholder redemption as well at capital growth via share buy backs and /or a dividend payment. Exciting times......

I wonder if we took some of this placing today? Cash shell which is hugely overlooked? Would have been good business if so!

Do you have a link to the additional information? Thanks

Do you have a link to the additional information? Thanks

Now key as seller looks to have finished. Without suppression we should move through 0.2s easily. Minimum sensible valuation given current NAV should be around £3 million or 0.3p, then there is potential for another bigger rise off the back of PPG if they win further contracts in the up and coming auction. PIRI looks to be bubbling away nicely also...exciting times

Was recorded last night. Think it's released next week

Good evening, As a holder of both slp and asa I have to admitt I entirely disagree with your assumption and valuation of asa. As I respect you as a well researched investor I'm amazed you haven't acknowledged the scope asa has to grow in a range of commodities/metals. Each arm in its self is worth an AIM listing and wIth asa we have five potential game changers.... BNC nickel with smelter due to come on line in very near future potentially doubling revenue. Freda reducing AISC to sub $1000 and increasing production to 100,000oz per annum. Copper JV which in a copper bull market could be a company maker with high grades and low production costs! Diamonds in south Africa with a world class asset and the spot price turning up And The gem - zani-kodo-gold project which has resource of 3 million oz!!!! Which is being brought on line this year in a small scale to start... Compare with slp which has one steady asset with a good cash build per quarter (which I'm delighted about) but it doesn't have the potential to grow into a mid cap multi commodity / asset miner.....market caps between the two are not too far apart....so.....in summery.....which company has POTENTIAL to grow multiples...I rest my case there. Cheers

Yer, you've got it in one. Polemos and PRS took each others shares in August I think. Since then Polemos have been dripping them back into the market. As an investment company they need cash so if they get out of prs av around 0.18 they will have taken a 10% gain with potential of a more significant investment for their cash. I hope Nick doesn't undertake such deals in the future as it completely stifles any share price appreciation. It's my belief they have cleared today and this is being coordinated with some PR from the Company to raise awareness. Could be a very big month coming with the investment portfolio looking in outstanding shape.

Anyone have Any questions they'd like to ask the Company? Cheers

Was that there last dump this morning! They had 93,750,000 shares following a placing last year. Note the last dump today corresponds with the aforementioned total ie 3,750000.....if so this will really push on from here

Nice buy mate. Big month for PPG. Wouldn't be surprised to see it push up to 5p area or around £3 million value of PRS investment

So you don't attribute an value to Freda where they are producing 18,000 oz per quarter with ambition to further increase this

Get a life

Totally agree, note rhodium price move today also!

All US dollars related. It's just bottling up a big crash imho. Dollar at this level is unsustainable. Country's manufacturing Base will decline steeply and precious metals will be flavour of the month. The US is digging the world's biggest ever hole for itself. Remember, slp still churning about $3 million per quarter profit at current basket price. Half MC in cash...this is moving into bargin basement territory....

PRS have 7.1% and if selling would have issued a holdings rns by now....

Morning, could you elaborate on your revenue forecast please? Cheers

Being filled imho