Member Info for ID78

Pretty much Tucket.

The fact is this is derisked and one of the best opportunities out there. The IRR is insane.

As a benchmark check out FARs DFS. Massive CAPEX, poor economics and somehow they even got funding.

BRES will have its day (and then some). Hold and wait and be patient.

What chart are you looking at duster? BRES is in an uptrend and has been for a while.

Meanwhile you are complaining about Mike communicating to the market about the DFS. What would you be saying if he weren’t communicating to the market.

The will continue to go up and continue to make me more money. If you don’t like the company find another one to invest in. The difference here is that this company is massively derisked and this MCAP does not value BRES properly. That makes BRESone of the best choices out there. This is no longer a risk, a gamble.

This is now basically a Bitcoin ETF, from what I can tell.

So - if/when Bitcoin starts to outperform gold, silver, etc, then it’s a buy.

Until then - it’s a hard no.

Yup… and therein lies the opportunity.

IF it continues to fall and IF the drill results eventually come in good then there will be another wave and another scramble.

Back to AYM … 10x is under £15mill!!! Prices to fail gives a huge opportunity. I need to read up on AYM.

The other thing I’ll say was WSBN was also a dog, until it started drilling again….

Maybe you are right. Maybe you are wrong. Neither of us know. Yet.

I decided not to hold WSBN for the drill results as I had a lot of money to lose. You can always jump back in IF they are decent. Preserve your cash is the number one rule…

AYM is priced for failure. If it doesn’t fail it mutibags, the current MCAP is nearly £1mill. 10x is a bit over -£10mill ….. etc. It can’t really go much lower - unless it delists.

Meanwhile WSBN could drop back to 10p on bad drill results…

‘Gears up for financing’ …. not we are now looking for financing. It’s extremely confident wording.

I suspect they have a few potential avenues of revenue. It’s just what is best for BRES and tailoring the best deal.

‘my research’ …. thoughts….

Ummm …. my thoughts are there is no ‘research’ just a very special imagination 🤦🏼

It’s massively derisked, the SP should move.

It’s just a question of waiting

If it goes sideways and my wife finds out you can hunt my body parts in the sewers 😅 😅

This is de-risked massively with the JORC and DFS declared.

The only risk remaining is funding and given the Chinese monopoly on graphite and given the funding and organisations involved to date, it’s practically a foregone conclusion especially given the scale of this find. It’s of strategic importance.

The real risk was in the JORC and the DFS - done, dusted.

The SP hasn’t even moved…. yet. I’m happy to sit and hold here. Very happy. Even tempted to go all in but I’m already far too overweight here (half my PF!)..

Thanks PP - I did see an MCAP of around 1.3mill on another site, so priced to fail. A bit like one or two others that have come alive recently..

Hey PP

- you called CNGR, WSBN, SOLG, CHF …. so I’m sitting up and paying attention.

I’m assuming there’s something wrong with the MCAP on this page?!!

Don’t - whatever it is, it makes you sell out before the company re-rates…

Net Present Value (NPV10): US$1.087 Billion

· Internal Rate of Return (IRR10): 96%

· All in Sustaining Costs (AISC): US$485/t over LOM (lowest quartile globally)

· Free Cash Flow: US$2.034 Billion over initial 15 years LOM

Am I right in saying they’ve only drilled 2% of the licence.

The NPV could easily treble or quadruple.

This MCAP absurd.

Watched an interview with Michael Oliver last night.

They have 2 failsafes. The sever goes down a failsafe kicks in. That failsafe fails a 3rd server kicks in.

They pulled the plug to halt trading.

Wait and see if there is an organised short on silver when they plug it back in.

At some point the dam will burst. End of.

Https://m.youtube.com/watch?v=0ygEl0FfETQ

If you need any other blindingly obvious tips I’m here all day.

Pffft …. $5000 …. What about when it’s $6000 ;-) …

Https://apple.news/Ay4vUj6bUTb-SGFrY5kzDBQ

:-)