Member Info for hamiltonbro

Great point.

The LTH’s don’t like positivity though so be careful.

Nai/DYOR

7m could go today.

Nai/DYOR

Problem with that is if say RMS announce something they’ve already alluded to in the rns you could be paying multiples of the current sp.

Risk either way really.

Nai/DYOR

Ramping ? Just reiterating everything that is in the public domain.

New article on PERE out on proactive.

https://www.proactiveinvestors.co.uk/companies/news/918510/pembridge-resources-financially-stable-says-ceo-following-recent-placing-and-first-shipment-of-copper-918510.html

Nai/DYOR

The chart for RMS is looking very bullish. One of the reasons I bought some.

Once it goes over 0.4p everyone will want in I reckon.

Chart wise I am looking for 1-1.5p. News due on contracts is rumour on Twitter.

Nai/DYOR

I want more than 30-50%.

GLA

Nai/DYOR

Riddler been on fire recently. I’ve been trying to buy a few million shares this morning at 0.35p and all orders were rejected.

I’ve bought a few since they pushed back up.

What’s target price here ? Interesting posts on twitter with info.

Nai/DYOR

https://www.youtube.com/watch?v=1blHdHjCCyI

Skip to 15 mins 30 seconds.

He says he wants PERE to build to a company with a £250m market cap.

Current cap is £2m so if he gets that it’ll be 120 x upside from here.

Nai/DYOR

We should start to hear the results of the drilling they’ve been doing to extend the resource and potential mine life soon.

Also, it says in the interview text posted earlier that they are looking at new opportunities also.

Nai/DYOR

I don’t think people realise that some of the production and sales is gold.

Nai/DYOR

The extra 11% of 10% would be around £150,000 ($230,000) by my calculations but work out yourself.

That would mean total net to PERE for the 6 months shipment would be around £1.8m.

Not many people seen this or realise I don’t think.

Nai/DYOR

www.investegate.co.uk/pembridge-resources--pere-/rns/replacement-minto-operation-update-for-q1-2020/202004221604215500K/

PERE get their 11% interest I presume ?

11% of $18.7m is $2.06m or £1.64m.

That’s for 6 months mining and 10% of the shipment will be paid later as the $18.7m they say is for 90% in the RNS.

Nai/DYOR

Placed at 3.3p and before that 12.5p. Chairman bought 320,000 shares in the market in Feb at around 12p so over £35,000 worth and we can buy at 3.25p.

Nai/DYOR

What would a company be worth coming to market today ? Multiples of £2m surely ?

Nai/DYOR

You may get your money back and some ? There’s lots of companies that have gone up multiples these past few weeks.

What I see in PERE is a share that has announced its best news since it came back to market at 12.5p and it’s currently 3.25p to buy. It was over over 10p 8 weeks ago. A resource company with production and is capped at £2m. Doesn’t make sense.

Think I’ll buy a few.

Nai/DYOR

45p would be nice.

180k buy just popped up.

There has been no posts on the ADVFN thread for PERE today. You would have thought after all this time, long term holders would be delighted with this news as this is what they have been waiting for surely ? First shipment.

Nai/DYOR

I like the chart personally.

Looks primed for an attack of 5p imho.

Nai/DYOR

Been doing some more research into PERE.

There is a good page on ADVFN under name chip. It has a recent post with the EV of resource companies and looking at it PERE is the cheapest ?

ALTN is next.

Worth a look if you are on there.

Nai/DYOR

The chairman has put in £4m which is double the current market cap !

Nai/DYOR

But haven’t they got rid of a c. $25m liability also ?

What is that 1 share trade ?

Nai/DYOR