Member Info for Jezzab12345

Can’t drop any further - main market share with no debt. Any change of direction / news and this multi bags

Can’t be long before we get an RNS to confirm new direction

Can’t be that many debt free main market stocks at this price with a UAE private investment company in the process of buying a significant amount of stock!

Dropped below .5 so took opportunity to buy more. Earlier 1M trade cancelled - games afoot?

Absolutely agree

When this moves it moves - 50% in under an hour last week. We just need an update from the company on the new direction and the skys the limit!

Chesterfield owns 4.5m shares in Sterling which it received in addition to CAD$400,000 (£236,686) according to the agreement announced on 6 March. According to that agreement, Sterling agreed to purchase an option to acquire full ownership and rights over the Adeline project in exchange for these payments. In the event that Sterling decides to complete its purchase of the Adeline project, it will pay Chesterfield a further 4.5m shares and CAD$400,000 (£236,686) no later than 20 November 2024. As of close of business on 15 May, Chesterfield's stake in Sterling was valued at CAD$562,500 (£332,840). To put this into context, this means Chesterfield holds a 4% stake in Sterling which at close of business on 15 May had a market capitalisation of CAD$13.96m (£8.26m), a valuation amply supported by its strong cash position and nothwithstanding the imminent exploration activity.

Also noted that the Companies House website lists the company nature of business as the following:-

82990 - Other business support service activities not elsewhere classified

Website has been unavailable for the last couple of weeks - could point to some major changes

Another 40%+ day today for starters

Difficult to say regards reasonable share price as we await confirmation of new direction following the transfer of shares from Polymetal to Juniper International FZ LLC. All you can say for sure is the current MCAP is far too low based on cash/assets held and main market listing

Still some way to go for a fair valuation though

That's more like it

People forget we have a main market listing (not AIM) and cash/assets are now worth more than MCAP. Cant be long before we get a further RNS confirming new direction

As we own 4% of Sterling and had £300k + of cash mid year, the mcap appears ridiculously low. Given the new investor / direction, surely we should be looking at least 1p minimum for starters

RNS - BOOM!!!!!!!!!!!!!!

If it wasn't going ahead you would have expected an RNS first thing as they like to get bad news out of the way on a Friday

All you can do is base it on the price at the time - which suggests it as a sell. Also explains why the price hasn’t moved all day even though buys outweighed sells

It’s done now so hopefully onwards and upwards

More positive news!

Lol