Member Info for KyleSnyder

I get where you're coming from, but let's not forget that multiple shots on goal across copper, gold, silver, uranium, tungsten, and antimony can create asymmetric upside if one asset is validated. Historical drilling and prior estimates give AJAX a defined target for rapid resource conversion work. The approval would unlock a clear drilling pathway for the strongest near-term technical catalyst. With all these moving parts, it’s hard to argue against the potential here.

I don't share that optimism. We've been hoping for better fortunes and deliverables for quite some time now, but nothing substantial has materialized yet. Until we see concrete progress on relisting or meaningful steps in corporate governance repair, this stock will remain structurally handicapped. Without actual execution, all the hope in the world won't change our situation. Let's not get ahead of ourselves here.

Looks like buying came in strong into the close. That kind of pop suggests there might be some positioning happening. Of course, one good day doesn't prove much, but if this sentiment sticks and we see follow-through tomorrow, it could signal a rerating is under way. Market tends to reward signs of recovery when they're as clear as today's move.

I see even higher the last of the oil reserves are all being released as we speak I’m long on Brent crude

The U.S. is bound to do whatever Israel tells it to do and no way will Israel let the US give any sanctions relief to Iran. And the same with Iran they will not budge in any way with their missile program nuclear enrichment and opening the strait unless sanctions lifted and no more attacked. I expect oil and gas prices to continuously creep up which works well for Angus shareholders.

1.5p for me

Another new raise for a completely different asset? Block Energy's real producing base since 2019 is the only fully realized valuation anchor today. They've maintained that real producing base, whereas others are still in development. That average production of 543 boepd in 2023 tells a story - it's not just about new raises, it's about actual performance.

IPO price is $10 million (which I reckon is the maximum it could be) then there is nothing to stop the value hitting $100 million a year down the line meaning that our stake would be worth $25 milliion….Not a bad result for something that only cost $350k in the first place…good job by ipolito

Think this by far better news for Ajax than zenith…25% of a company for us that could be potentially worth billions….should see more buying soon !

The reality is we were never going to see the true value of the uranium assets while they sat inside Zenith. They need a proper mining vehicle to move things forward, and within Zenith they were always going to sit behind the arbitration story. Because of that, the market was never going to assign them any meaningful standalone value at this stage….By moving them into a dedicated company, that changes the dynamic completely. A focused uranium vehicle with its own strategy and listing has a much better chance of being properly valued on its own merits. …Uranium is a specialist space with a specific investor base, and it needs a clean story. It’s not unrealistic to think the same assets could be worth multiples more in that structure than they ever would have been buried inside Zenith.

On the IPO, even if you assume a modest starting valuation, that is just the entry point. These listings are often conservative at the beginning and then re-rate as the story develops, resources are upgraded and the market starts to understand the scale of what’s there. If the vehicle executes, seeing a multiple of that initial valuation over

Added yesterday 10p on the cards

Looks like I timed by reentry nicely :) 12p?

I’m out on a trading perspective but good luck all still has legs potentially

Hi guys

I’m in as of today GLA

Https://www.law360.com/amp/articles/2420258

Quality of posts here are one of the best I’ve seen on LSE thanks guys

Also worth thinking about how tight the float could become. If Appian, the board and long-term holders take most of this raise, the tradeable free float shrinks. Add rising gold, plus news flow lined up from drilling and JORC preparation, and the setup gets spicy real fast. You don’t need masses of volume for a rerate when the free float is locked away.

Got to say, reading this thread and the RNS side by side… it’s clear the market is asleep. You don’t often get a combo of a proven district, a big private equity name, near term production potential and gold sitting this high. Normally any junior with that mix gets chased off the screen. Here it’s like people still haven’t realised what landed this morning.

Nice news ! Be good to get an interview to get more details about this deal !

Great posting TF & TB500