Indonesia has always been on SGs agenda but we must not forget Colter and the new licences that have been granted. But Indo could provide substantial revenues over the coming months and we could see a marked improvement in the MC
You cannot compare values on WN alone as both RBD and UJO have additional but quite different prospects. But IMO both will be considerably higher once the full benefit of their respective prospects are monetised.
I think it was about £600k + which would have included the recent raise I guess. So if another junior wanted some cash, prospects and tax losses they may need to call the large shareholder who ever she is.
Yes I do agree that these are massively oversold and there a several prospects for them to proceed with. They have been given new prospects in the latest round and they would not get those if they were not worthy of them. Directors bought in at 0.08p, and we have a major holder who may be a seller to a third party who would like to have the benefit of the very large tax losses. Peru could be a gem and the Colter area could be worth a few bob. It will only take a slight hint of something interesting to move these back to the pre raise 0.13p.
Yes Fortitude I think we can look to a strong set of year end figures following the consolidation of all of their outlets. Also the first half absorbed the costs of acquisition and related costs. According to the websites the accommodation bookings are good and with the recent good weather and more staying at home there could be a very positive trading update. I think GC will want to move this to AIM quickly and perhaps raise cash to drive the company forward. He and his fellow investors paid 9p initially and I am sure they will be keen to see the sp back to that level quickly. The current £2.4m MC looks a bit low imo.
Looks a bit like UJO imo, many posters on that board saw the potential at about 0.10p talked about it but the market didn't respond - now they are nearer 0.30p in a matter of weeks. I see the same for GLR but here the potential could be greater. CB loves to keep the investors in the loop and in GLR he will have a winner. £2.5m mc will look silly in a couple of months or so.
Can see this performing well over the coming weeks. Annuals due early September and CB likes to update whenever and wherever he can. Like him or not he knows the mining business and knows his way around and I would expect positive news and potential in September. Anyone not in take a look at BZT, MC of about £850k but massive assets waiting to be exploited and CB invested about £400k at 0.36p. Many don't like BZT as the price has fallen dramatically but I'm happy to follow the money and CB who I feel can make it all work.
What an appalling set of figures. Take a look at Companies House. The Chairman has gone which is the best news - his reputation goes before him and I wonder if he will retain any credibility in the City. We are now a private company with the major shareholder showing no interest. All assets written down including the copper mine that has been written off. The Directors continue to be optimistic though.
Why the drop? MB seems very confident and looks to a first half profit and more for the second half. A £3m cap seems a bit harsh for a recovery stock. MB no fool and is keen to take NBB to a much higher level.
I feel we are grossly undervalued and this will be evident when we start putting ore into JMG. The year end results were out first week in September last year and it will be interesting to see what CB has to say. The MC of £2.5m looks very compelling IMO
Will hold their AGM next week and we may have an update on Rathlin as they have some 36pc of it. I have interests in both RBD and UJO and can see positives for both over the next few months and by the end of the year I think we can see the UJO sp well up on 0.30p. We will have the benefit of feedback on Rathlin, progress with BIS and the outcome of the Wressle meeting. The collective impact of these positive outcomes could see UJO with a mc of £125 - £150m or a sp of at least 1p. The downside could be that DB gets a knock on his door by a mid cap operator wanting to consolidate the onshore industry which I gues would make sense .