Member Info for Jungmana

Good buys yesterday and a few today. Market cap at 2.9p about GBP 25m with about GBP 7m in cash.
I think fair value would be about 7 to 8p right now. Too oversold under the 3.5p placing price imho

This is ready to rumble imo. First target 8p. We should soon hear news on q4 2020 drilling

Today's market cap of GBP 116m at 10.8p is just too low. Producing 18.4k boepd and soon will hit 20k boepd , 132mmboe+ reserves, production increasing with drilling campaigns, over $80m of tax exemption, huge North sea Assets, dividend paying cash cow. No better pick on the market right now imo for my money.

Under promise? The good news is we are fully funded till end of 2022.
All ducks lining up here

I think Connacord have an idea of revenues for h1 2021. Last year (2020) revenues grew from GBP 0.3m in h1 to GBP 1.4m in h2. On that growth trajectory should see a few million for H1 this year . Business is growing at a great pace imo.
The H1 interims should be out about mid August

Fyi the market cap was £50m in January/February this year. Had about 400m shares then and today with about 950m shares in issue that would equate to about 5p share price.
Achievable in the short term imho.

Hold tight imo you should get 9p within 12 months imo. This is looking good and hence good institutions taking hold.

All the ducks lining up here. 3p first then up to 6p imo

Just added 100k shares. Let's get that placing churn done in a few days.

In the summer of 2019 this rallied to over 40p share price and at that time had about 240m shares in total. That was a market cap of over GBP 100m.
That equates to about 10p /share today with shares in issue now at about 1billion.
The company is in a far better advance position and good institutions are getting on board now which is a good sign imo.
Time will tell but imo we have a good chance of seeing 10p+ here over the next 12 months

I think once they sort out the prospectus and Admission , should easily double from this level.
A good opportunity could be here at 4p

Shares issued since March but still not admitted to trading due to prospectus not being ready.
"Once the FCA approves the Prospectus, the shares will be admitted for trading on the standard list of the London Stock Exchange as previously stated. A further announcement will be made once the Prospectus has been published."

Bought lots of i3e about 8p and less than 2 months later is at 16p. I have a similar feel here. This should be nearer 10p in a few weeks imo.
£25m of revenue, no debt, 18% annual growth , cash of £8.4m, recent director purchases, entering CBD space etc etc.
All the ducks lining up here for a potential 10 bagger from this level within 24 months

Thanks Tony

I could not find my old notes but I recall we should have about a total of 100 million options and warrants outstanding?
I remember fully diluted should be about 800million in issue
Anyone confirm this thanks in advance

This will be heavily shorted on the otc once they realise the Company has barely any mining capacity , cash or crypto
assets and is valued at GBP 20m.

Can anyone tell me which companies on the market are "peers " to VLRM? Calling ARB or KR1 as "peers" would be similar to me calling my 8 year olds football team as peers to Manchester City or Chelsea .
Lenigas must not insult our intelligence.

Near 5% up on good volume with consolidation about 18 cents. Bodes well for tomorrow here

https://www.cnbc.com/amp/2021/04/27/bitcoin-cryptocurrency-exchange-binance-to-launch-nft-marketplace.html?__twitter_impression=true

Bunsen, infact vlrm's cash is lot less than 500k now. They bought a few computers for $110k and spent some money on consultants and other expenses.
Could be down to less than 300k by now.
When compared this should be 70p+ today imo