Member Info for Hubstar

I wonder if Harry will get an OBE for all his hard work ???

Simms,dont forget Saudi assets too,Kefi could get a sizable cash windfall if they are indeed considering a sale :-) and perhaps invest into another majority owned project. Remember these assets currently are valued at zero on the balance sheet.

You would not want to be out of this when that RNS lands on P140 ,some very serious upside will happen very fast IMO

Don,t be suprised if we get some tasty news on Saudi assets soon,currently they carry zero value on the balance sheet but could be worth north of $100m on a "fair value" basis.

I think they will be tempted to sell if an offer is on the table and invest into another majority owned project ( that is near production ready ) . Interesting times here with so many great opportunities open to Kefi.

Laura, i think we have a very exciting period for IMM starting now - only a few weeks till the end of Q2 :-)

Laura,it is all pointing towards a very positive year for IMM, my hunch is we get that key news on P140 deals :-)

Laura,it is clear that IMM have a potential multi-billion dollar drug portfolio and potential deals to sign could be massive ( relative to current market cap ) .The starting gun for deals could be this week.

If we get that Saudi news this week things will hot up here very very quickly.

I have a feeling that there is some major news about to land here on P140 this week....also the order book is looking like a breakout is building

We could be getting a tasty Saudi update soon - could $100m be added to our asset valuation or could they be tempted to cash in and invest proceeds into another majority owned project like TK ??? Either way it should put many eyes on Kefi

If we get that news on P140 i would expect a very quick move to 30p+

Actually its like a coiled spring - keep an eye out for some chunky buys at 4.7p later

Juxt,the full ask at time was 4.295p and bid 4.155p so its a buy at near full ask in reality - huge buy for IMM

That is a whacking buy for IMM !

Recent placing here at 6p and news due on flagship P140 drug - might be tempted for a punt here

Tungsten, It is not beyond the realms of possibility that a future buyer of this company has started taking a stake here on these lows IMO

We are likely to get an update in early June on progress at TK and potential sale or monetisation of Saudi assets,maybe also new licence award IMVHO

Keep in mind that our Gold in the ground is valued at less than 4% of current Gold spot prices,this situation cannot continue for much longer without attracting bid interest for the company IMO

I predict there will be plenty of positive newsflow to smile about,we are in process of building a multi-billion dollar mine and we have further assets that could be sold or monitised short term too. Savvy investors will be buying down here IMVHO :-)

One thing that is clear is the project economics look very very good and also straight forward,surely we hear this week that the finance is sorted and off we go.Great opportunity here under 0.12p for sure.

If revenue is around $50m - $70m per annum you would expect a market cap of at least three times revenue on the low case and six to seven on the high case.Most producers are valued over five times revenue for context.

Howezap, what level of revenue can you see in the first 3 years ? if copper spot prices stay around current levels ? do you think it can exceed $50m Pa as seems expected ?