Member Info for JP2000

You must feel embarrassed, a right mug if you bought @180p (7.5p old money), & then doubled up at 100p. Easy to blame DH when the answer stares in the mirror.

However, I think you’ll be ok if breakeven is 140p.

A couple of days ago Nick O'Reilly (Chair) moved shares into an ISA & now DH has added new shares. What's not to like from either of these moves!!!

It’s going to lead to extremely volatile share price & no mention of exploration funding.

to join the telegram group - here is the link

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#palm

Jimzi: that’s a little unfair, there’s been radio silence on X for the last 3-4 months. Consequently SP has drifted on little news. Ok 3 busses have come along at once, but would you really begrudge some hype when it’s long overdue.

Then they'll be raising c£3.5m to pay for this & drilling

Stephen, very interesting although not mentioned in the RNS

News flow:

Winston life of mine improvements

Wishbone IP results & targets

Wishbone drilling

Awkward drilling

Canadian grants?

TSX listing

Dotted Lake IP

Dotted Drilling

I would add commercial deals on existing assets but looking like better value to drill first

Re commodity prices: projects normally use long term prices not spot prices. Zinc spot is below feasibility as as this is a zinc mine it will reduce (along with inflation) the NPV when the numbers are recalculated. That said DH seems to think he can add zeros to the valuation without any drilling.

I’ve not been massively impressed with the Power Arabia model because of the exit & control strategy for investments & minority stakes. Understand local partners might be useful but POW is spending money without controlling the assets so even if PA gets spun out, it’s going to struggle to extract shareholder value.

Long way?

FCM goes from 1p to 3.5p in a week

GT Resources from 2c to 5c in 2 days.

Warrants @75p

Keep an eye on GT Resources who are Panther’s neighbour at Dotted Lake with very similar geology, share price has risen 75% & 42% last two trading days. Could be important with Panthers TSX listing thought to be imminent.

Seems to be attracting buyers today, can’t be long until news.

Nothing particularly new except no money for geophysics until summer, cutting it fine if they intend to drill in Nov. No mention of magnesium thank god but still using it in the diagrams to boost Ni. Equiv grades. No mention of commercial deal.

There are no loans, no debt financing & that kills it for small holders. The only reason for the Listing is convertibility, allows KAV to issue shares to acquire licences & recipients can then decide to hold or more likely convert into cash. Equity financing can work eg GMET is shares on an upward trajectory.

It’s the Managing Director James Knowles who needs to go

$5m of dilution from VFEX listing then another $4m if they go ahead with Nara ( published results would not justify unless decision is empire building).

MCAP £23m but more like £29m fully diluted.

Resources & reserves 6koz, underlying 100-200koz. Not 3m touted 18 months ago.

Production by Q1 26 should produce net cash annualised £3-4m, but PLC costs & exploration will take most of that up.

Left with c£1m net earnings for £29m MCAP. Not great given country risk

ask legitimate questions because it does look odd but then you **** off when nothing whatsoever to do with company management. perhaps delayed trades, perhaps placing shares being sold & seller out, perhaps bed & breakfast.

SFH are you being paid to post this rubbish?

All you posts are negative suggesting your either a 5 year old throwing a tantrum because the shares dropped or your motives are dishonest.

So if you're long why the constant negativity which is helping nobody. The company has positive aspects but all you do is trash.