The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
1] the current market cap is covered by their investments in FMET and PNT [that they themselves are at all time lows even with todays encouraging news] currently valued at £2.6m combined, resulting in PALMS mining assets having no value attributed at all. Yes, even dogs like decades old TYM have their assets valued at £2.5m, PALM, £zero. Add a poxy £2.5m to PALM's mcap and the sp is 6p.
2] Any uplift in FMET or PNT puts an even better foundation to the SP
3] Assets all in Tier 1 jurisdictions removing geo-political risk with very encouraging prospects.
4] Aug 31 CL placing at 4.1p half taken by insiders- a few sellers thinking CL is bad; its not - it avoided going to the market that is unable to raise at reasonable levels and showed BOD and shareholder alignment. But the ask has been loaded to the tune of 5m shares looking at the trades from Aug 31 - I am expecting a large trade to balance all the buys [about 5m ] and I'm guessing its Peel Hunt selling up - they had around 5.5% - figures tally. Currently well bid at 2.82, Someone has bought 3.5% last week and NT for over 300k points to an inflection point for the sp.
PR seems to be on the increase and BOD well respected.
Around 35% directors and /or sticky after Peel's exit.
And the bit I like in the finals:
"Your board is committed to finding ways to add maximum value within the shortest possible timeframe and accordingly is forever on the lookout for opportunities to develop and enhance the project pipeline of the Company." and
with a investor meet on the 19th, will we learn more. about "We have therefore developed the business to a point at which the portfolio may be rapidly commercialised" - from the finals again.
Four tier 1 assets full of goodies valued at £0 and uranium and more with FMET [cashed up, like PALM] points to a unique risk reward opportunity rarely found imo.
1] the current market cap is covered by their investments in FMET and PNT [that they themselves are at all time lows] currently valued at £2.6m combined, resulting in PALMS mining assets having no value attributed at all. Yes, even dogs like decades old TYM have their assets valued at £2.5m, PALM, £zero. Add a poxy £2.5m to PALM's mcap and the sp is 6p.
2] Any uplift in FMET or PNT puts an even better foundation to the SP
3] Assets all in Tier 1 jurisdictions removing geo-political risk with very encouraging prospects.
4] Aug 31 CL placing at 4.1p half taken by insiders- a few sellers thinking CL is bad; its not . But the ask has been loaded to the tune of 5m shares looking at the trades from Aug 31 - I am expecting a large trade to balance all the buys [about 5m ] and I'm guessing its Peel Hunt selling up - they had around 5.5% - figures tally. Currently well bid at 2.82, Someone has bought 3.5% last week and NT for over 300k points to an inflection point for the sp.
PR seems to be on the increase and BOD well respected.
Around 35% directors and /or sticky after Peel's exit.
And the bit I like in the finals:
"Your board is committed to finding ways to add maximum value within the shortest possible timeframe and accordingly is forever on the lookout for opportunities to develop and enhance the project pipeline of the Company." and
with a investor meet on the 19th, will we learn more. about "We have therefore developed the business to a point at which the portfolio may be rapidly commercialised" - from the finals again.
3 tier 1 assets full of goodies valued at £0 and uranium and more with FMET [cashed up, like PALM] points to a unique risk reward opportunity rarely found.
I suggest you go to the toilet - if you are real.
Have they not heard of a stretcher?
Doesn't sound good. Morale is so important.
If you believe the back saga, you bet he's private with all the cash he's got so could have arranged it so he made the meeting.
With a investor meet on the 19th, will we learn more. about "We have therefore developed the business to a point at which the portfolio may be rapidly commercialised" - from the finals.
And the bit I like in the finals:
"Your board is committed to finding ways to add maximum value within the shortest possible timeframe and accordingly is forever on the lookout for opportunities to develop and enhance the project pipeline of the Company."
With a investor meet on the 19th, will we learn more.
3 top notch licences valued at zero - now that's cheap lol.
1] First the current market cap is covered by their investments in FMET and PNT [that they themselves are at all time lows] resulting in PALMS mining assets having no value attributed at all.
2] Any uplift in FMET or PNT puts an even better foundation to the SP
3] Assets all in Tier 1 jurisdictions removing geo-political risk with very encouraging prospects.
4]Aug 31 CL placing at 4.1p half taken by insiders- a few sellers thinking CL is bad . But the ask has been loaded to the tune of 5m shares looking at the trades from Aug - I am expecting a large trade to balance all the buys [about 5m ] and I'm guessing its Peel Hunt selling up - they had around 5.5% - figures tally.
PR seems to be on the increase and BOD well respected.
Around 35% directors and /or sticky after Peel's exit..
So cashed up at 4.1p and assets valued at zero. I'm buying.
Oh look, 200 shares traded today - boy they are all over it in the States
https://finance.yahoo.com/quote/IQAIF/
Very gracious 👍
Any apologies to Brook and Cheese ? then karma will be restored. ✅