Member Info for Hopscotch

Thanks D1664!
This site and HL and others I tried are still showing 2.**Bn, but Stockopedia has updated to 3.021Bn also.

Appreciate the response

Thanks guys. I just couldn't see it...

Does anyone know if the new shares for the EH purchase have been released on AIM yet? It's not reflected here on LSE and I can't find anywhere else which shows the shares in issue reflecting the new shares?

Managed to nip in for another 250K before the end of day.... Hoping for a strong close now

I'd be disappointed if we don't breach 1p with a JV (kinda thinking 1.5p)?

0.774 to buy 500K on HL now

0.748 to buy 500K on HL now

Just bought another approx 250K. Holding back a bit just in case the sp drops back, but I'll be just as chuffed if they rocket from here...

I'm kicking myself for not adding on Tues too. I've got a decent holding but who wouldn't say no to a few more eh? Might see what unfolds today, but feel the need to add a bit more. After all as many have said this could well be insanely cheap when I look back in a year or so from now...

Thanks Mojo. Much appreciated. More background reading for me.

Ultimately this just proves how chronically undervalued UFO is right now.

That's the low end estimate of the value of the reserve in situ. The high end estimate is 4 times that....

I am far from an expert, but my understanding is DSO requires relatively little processing so maybe 10% profit is on the low side, but I bow to anyone with more knowledge than I.....(which is probably almost everyone! :)

Just think, if I've done my maths right (and I'm happy to be corrected), based on a low estimate of 74Mt and current price of £95 per tonne, the Iron ore alone is worth £1.8Bn. This assumes 51% ownership and 50% grading.

£1.8Bn worth of Iron Ore alone............ low estimate!!!!!!

Will be interesting to see your post for October?!

And they're off...

I really hope the Iron Ore JV is next as that will unlock serious value. I get the impression it will be based on recent updates.

Hope not norm 'cos I'd like some more too at that price :)

Great context TKIAll

I think we're overdue an upturn in sp. Let's hope a positive outcome for the jv will be the shot in the arm we need for the next leg up

Hopefully the timing makes maximum impact post tomorrow's new shares coming into circulation

Agree strongly about JV, but I also believe Hamersley could be a big plus for us if the results pan out...