Member Info for Jungmana

Volume says a lot. 10% traded yesterday and looks like will be same today. Many of the placees are long term institutional investors and imo overhang will not take long to clear.
Short term target of 3 to 4p

I have been following xeros for 2 years and was looking at an appropriate time to invest in. I think this is the time to do so. The intellectual properties of the technology is worth 10's of millions of $. The company now also has the green stamp on the stock exchange which should attract some institutions and individuals keen on eco friendly companies.

I think derampers will disappear first. Market cap is too low with almost all in cash.
Just going through the usual shenanigans after a huge fund raise. A double from here by Xmas is my prediction

"FinnCap today initiates coverage of Xeros Technology Group Plc (LON:XSG) with a corporate investment rating and price target of 4p. "

Once good cash starts to be generated from these deals , We will be many multiples of todays market cap imo.
"The Group has signed multiple agreements to develop and license its XDrum(TM) and XOrb(TM) products in major commercial and domestic markets."
Fully diluted today market cap is about GBP 8m with cash of about GBP 7m.
Market cap just 4 months back was about GBP 25m

Continued discussions with various financial funding sources based in the UK, Russia, China, Korea and Japan. Including terms and conditions related to project financing, potential off-take agreements, metal trader groups and strategic partner discussions.

With huge numbers for liberator and serenity I expect 100p here on success.
Imo will see 50p by results time( 2 weeks from now)

Good news with state approval of the hydrology report. An I.portant component in the viability and cost of the project.
Another box ticked

The key is " ongoing talks":
Christian Schaffalitzky, Chairman added: "The Directors are happy that both revenues from the sale of metals from the West Kytlim operation and the execution of the warrants have significantly improved the cash position of Eurasia and its negotiating position in the ongoing talks".

The Banks have agreed to work on a success fee basis, so that their motivation is directly linked to a successful completion of an alternative asset transaction superior to those outlined in the announcement of 15 September 2019. The interest from the Banks is originating from the recent palladium acquisitions namely Stillwater for c. US$2bn by Sibanye in 2017 and NAP for approximately CAD$1bn by Impala Platinum earlier this month. The title of the slides for investors prepared by VTB Capital is as follows: "The Last Non Consolidated Palladium Play".

"Our total resource with the account of areas within the flanks contours is about 15 Moz of PGM (mostly palladium) that we believe puts us in a completely different league of major palladium companies already in production stage."

Take note:
Christian Schaffalitzky, the Chairman of Eurasia commented: "The board is pleased that major banks such as CITIC and VTB Capital, the largest investment banks in China and Russia respectively, are interested in Eurasia's PGM deposits including the ones in Kola which are much improved in size following the addition of the new 'Flanks' areas (see announcement dated 26 September 2019). Our total resource with the account of areas within the flanks contours is about 15 Moz of PGM (mostly palladium) that we believe puts us in a completely different league of major palladium companies already in production stage."

Add the palladium at production of 7kg per day ( about 220oz). Costs about $300 To 400 and palladium sells at $1800/oz. Then ramp up next year.
Cash spinner here no wonder they thinking of paying dividend already from cash flow

Just buy the dips. We could see 3p today

Do the maths,
WK production at about 200 ounces per day , costs between $300 To $400 , palladium at $1800.
Further ramp up next year.
MT holds reserves of 2m ounces worth near $4bn ( could be up to 15m ounces).
Two huge investment banks jumped in to sell the project. The size of he banks shows the significance of the project.
Not to mention the companies third project.
All for GBP 50m market cap today at 2p

To try to compare MT with Zulu is like comparing a team in the premier league to a team in league 2.
Prems Zulu project is not profitable at today's spodumene price ( when you consider the huge project cost) and hence no one is interested and secondly the company who would want to jv with GR?
MT on the other hand has proven 2m ounces ( coukd be 15m) of pgm worth over $2bn today .
Can easily be extracted at 120k ounces annually generating revenues of over $200m annually.
That's why 2 huge investment banks from Russia and China have jumped in.
MT will soon be sold for $600m + imo

Last financial year they actually spent more on salaries and expenses than on drilling.
Just check the results released in september.
Need a 50% cut in BOD wages

News by mid week is my guess as said earlier. If a duster would have been known by now imo.
Finding oil and testing takes longer. The pilot well took 19 days and now we are 24 days into the S1 drill.
Let's get to 30p today please

MB is the GR type ( the prem ceo). They don't care about private investors ,only want to collect their fat pay checques and live the lifestyle.
Prem also raised recently at 0.2p but within a few weeks is up 500%+ on hype.
Thor has good assets but am afraid creating shareholder value is an after thought for MB.

A 50% cut in entire BOD pay and remuneration must be carried out.