Member Info for Justone

The 8 times comes from the research note. Being cynical is justified, but never say never, today is a new day! Just a matter of time IMHO, wait and see.

All sounding very positive for the industry, with increasing demand and interest. SRES the place to be! I bet PC was being chased around the event. I am pleased that we didn’t do a deal early last year, as I think the terms in todays market will be a lot better. We just have to have patience. The last report valued the company at 8 times todays share price, so downside is limited IMHO. Not long now to wait.

Something and nothing really. Potential for misstating, but management now aware, and auditors gave an unqualified audit report. It would have had little effect as to why Apollo backed off IMHO.

This is massive news, we now have a clear path to income generation over many years with no risk, apart from country risk! The Chinese know how to deal, so the temporary suspension will be lifted very soon IMHO. They will take everything that we can produce from all the licences that we hold. In a few years the Chinese will buy us out, they will not want to share! Whether the market responds who knows, but the potential is there.

The presentation really spells it out, 2.5 million ounces with great potential to take it to 5-10 million. He is trying to get across to the audience that he is flabbergasted how cheap our share price is, and to smell the coffee. Yet the market is still not convinced, with a slow gradual movement upwards from the 16’s. It is a binary bet, my gut feel is that it will be bought for a lot more than todays price. Downside risk negligible, upside, could bag once twice even 3 times with gold at 2050 USD. Exciting times, an RNS could drop at any time. It makes me smile to think that the current valuation is only valued at 25% more than our balance sheet value, after all those years waiting. I have convinced myself to buy some more. A no brainer.

All explorers have to raise and dilute, until they get into a revenue generating situation, we are on that cusp. PC does not want to raise unless he has to, and has historically kept it to a minimum. Personally I am not worried about any potential raise.

Sorry read the old RNS, finance is sorted, they have access to more money through the green investment fund.

The share price reflects a lack of interest in the sector, no revenue, and delays. The research note now gives the clues as to how PC sees the valuations, with the revenues being given. It is worded in a way that allows PC to play the projects any way he wants. He knows the share price is in the pits, but is confident value can be obtained, with the share price responding accordingly. We don’t have long to wait until we bag from here. A great opportunity in my view. I can understand the views of the dissenters with their personal directed negativity, as the share price is terrible, but that perversely has helped generate an opportunity! We will see, with PC the biggest shareholder, I am happy to follow the clues. One day the market will wake up, in the meantime we wait, and for those inclined accumulate! Very pleased with the research note and the follow up.

The research note gave a current value of 0.6 to the company. I queried this, as I thought it was on the low side. I was pleased to understand that this valuation would increase as the projects move into realised contracts. We just have to be patient. Through my eyes the potential looks very bright indeed, however the market doesn’t care about potential. A real pension maker IMHO. Downside limited, upside? Exciting times, riding on the back of the green revolution. The delays have been frustrating, but time has been our friend as far as valuations are concerned. We are living in Inflationary times, with our assets making money sitting in the ground! Putting a positive spin on the delays. Not long to wait now.

So knowledgeable comeonsres2! How you know when there hasn’t been an RNS to say the CS project is going nowhere! A material change which would have to be announced to the market. if you are unhappy sell up, simple. The silence is not a sign that nothing is going on, the clue is in the research note just released this week. Who do you think gave them all the facts. All you have to do is join the dots. The RNS with the details of the options at .15 gives you the timeline clue.

Well everything is lined up after reinstatement, so I would imagine everybody is just waiting, rather than selling. Little volume. Money talks, just a matter of time.

Well legal, how refreshing to see an apology on a forum. We are all terribly frustrated, but feel it will come good. I am sure PaulFG shares the frustration with his remark.

It will get sorted, as too much pressure will come to bare to release the blockage. The cost of doing business in the country, and why we want such large returns!

PC was being sarcastic, he was saying that the risk associated with investing in this sector and company, means that an investor would be looking for outsized returns. This is the reason that I am invested. I am looking to multi bag and will be extremely disappointed if this does not happen with the assets that we own.

I would echo what you have said Clairemartin. I like PC’s style, he can be judged by his actions in running the company. He is not a greedy person, and has given plenty of hints as to what is to come. The bonus RNS says it all. The problem has been that the industry has been considerably conservative which has delayed the time lines. This has given me, a believer, an opportunity, and I can’t buy anymore. I have met PC, he is as tight as a drum by the way. With what I have seen and read, I think I will come out on top, and need it to double. As PC said to me, you don’t invest in this type of stock to just get your money back! Time will give a verdict.

You think it is never going to come, I think they will come. The company is worth less than a London townhouse, and there lies my rather large opportunity. Happy to accept the risk, the green energy fund agrees with me. The share price agrees with you, so let’s see who is correct. Never say never, it is looking good! Happy days are round the corner.

Step back a bit Sheldrake, can’t you see that we are just waiting. On the verge of receiving the RNS that transforms the share price. The jury is out, you don’t seam to want to accept the reality of this fact. We think we will make money by holding and waiting until the right deals are signed sealed and delivered.

It just seams so contrary to what one would expect, with Gold $30’s off an all time high and CNR can’t go above 31p. We have surpassed the all time high in pounds! Especially after such a bullish presentation, when everything is still to play for.

Instead of using $2000 an ounce, the current $2025 is used. An extra $25’s an ounce and Mark thinks we have a potential gold district that contains 10 million ounces. It puts the potential range of offers that are on the table in perspective, depending how buoyant the potential buyers are on gold prices. It put our current 30p as laughable, but is reality!

A very positive presentation by Mark, giving the potential for 10million ounces. With gold at $2020 with an upward trend. It is crazy to see us at 30p, I expected to see a massive jump this Am. I have put another 5k in, which is shown as a sell. Mark certainly gave us as many hints as he could. I don’t mind accepting paper, as I am very bullish on gold.