Member Info for JOHNO77

Good banter boys

And up 6%! :) Happy days...

Agree on the hourly chart Rebs, have also had my eye on that. Weekly TF very interesting for technical targets up at the 40-50p zone. Fundamentals can obvs take this much higher tho IMO. From memory I think 0.50p is only something like £28mill mcap. Pre spud runs often take CO’s much higher than that. And that discounts everything else the Japex deals offers. Ridiculous value down here IMO.
DYOR GLA

Most of AIM is certainly just for trading but with this one given Q3 is only a few wks away, i'd rather just hold from here rather than risk being caught out when it moves.

IMO DYOR

Apologies - Wadogara

Hi Wadora, where did you get the £10 figure from, i can't see it anywhere.

Cheers

Am doing just fine thanks SV :)

But you just said it will drift until deal finalised??? Now you're buying if it goes back to teens?

Make your mind up SV!?!?!?!

There's some desperate sounding people on here this morning wanting in....

PEN looking better, back at 0.19.

Great posts guys.

The market loves a fully funded drill... Even without Japex the SP would have moved up into Q3 on anticipation. Now LBE not only has a Q3 fully funded drill but multiple fully funded drills over the next 3 years.

Even if only minimal funds had been clarified to cover Velocette, LBE would have been able to surpass the existing mcap. Now on top of that you have the excessive funding Japex brings for drills , the potential to fund production and new acquisitions.

It obviously won't go up in a straight line but IMO this will be much higher in in the months to come - DYOR GLA

Scarlett / Terry - this doesn't need ramping

PO

Lol

Buyers coming back.

Happy to let this breathe... and let value play out.

Seav, from the prezzo you will have seen the JV will be looking to drill 1-3 Exploration and Appraisal wells per year, the cash will not run out after Velocette lol.

Now partially funded by the Japanese government (35% owner of Japex)..... £100m credit facility for aquisitions... up to £30milion on success of Velocette.

Will be a nice run into Q3.

Thar she blows....!!!!

That's better.. :)

Fair play Zebbo.

Agree, IMO anyone buying at this 11mcap level should do very well over the coming months.

Bought in now then Zebbo??? lol

A new valuation even at this stage would hopefully be much higher than previously accounted for by BLU.

Once general market sentiment picks up particularly regarding crypto / blockchain and all things de-fi.

I do appreciate getting a valuation this year may not give Tony the luxury of waiting for the above, but valuations are generally higher during boom cycles.

He did say it may just be an exercise to probe the market.

.

If Carlsberg did rns'es.....