Originally was going to sell some at a £1 but this seems way to silly and early with coking price rises, railway soon to be Commisioned, 2nd hwm etc etc, too much happening. Will think about selling some after £2 now. Production set to quadruple in 2 to 4 months!!!! I honestly think could see £3 within 4 months, I am very excited as I have a decent amount of monies in this.
PE 8, you are looking at £3, what! ( with both HWMs, railway and wash plant all working and integrity taking all met coal produced). Its difficult to stay grounded with this one, it gives me a headache thinking how much monies we can make.
Amazing. We sell according to a 20 day moving average of spot price with an unknown discount, in q4 2021 warrior met was selling at a 15% discount to spot price, let's say we sell at a 25% discount, then that's $300 and costs are only approx $100. Ummm I don't think I am going to profit take anytime soon!!!
On Sunday roast they said £10s of millions, so I assume that's £30 to 90 millions ???? That would be nice. This share certainly moves (both ways) on very low trades, but I suppose its only £8 million market cap.
They said how much it had gone up, that went upto 41p then down to 35p (when it was recorded) and was in consolidation. And now from me! But it had gone up way too fast in such a short period, we had to have some profit taking which is healthy. I really like this share but no and again going be volatile, obviously wish it went up every single day but that's not normal. I do below this will be way past a pound within a short period of time. But ya when the share price goes down its painful unless you buy more!
While I would like it if they didn't make their dec target as I would like to buy more at a lower price I unfortunately can't see that happening. I think rrr boss probably is not particularly liking the fact that gcat is dramatically improving the company unlike rrr! With gold price advancing that's more profit, which is obviously great but would also be slightly nice for share price to go down, just for a limited time please hehe!
Reddit Uranium Squeeze, small group but growing . Very interesting uranium information on the site. https://www.reddit.com/r/UraniumSqueeze/ Got gcl, and efr (Uuuu, energy fuels) and nxe. Uranium is starting to look very exciting.
RE: Investorman33, his next post on ADVFN21 Nov 2020 08:51
So much really informative research and comments. Thanks so much everyone for all your time spent researching and making comments on this board. Currently 10% of my portfolio is in this share, been here since 22p so very happy. May the rerating begin.
RE: COMMODITY VALUE IN THE GROUND07 Aug 2020 12:58
I totally agree with you, the £1.65 is an extremely pessimistic amount (and still much more than current market cap), ya the fact that they have only explored a fraction of the site makes this my most exciting share by far.
Basically lowest mean of the two I think is 7% of underground resources for gold, so if that's the same for all materials, then as a very rough approx that's about £102 million, that's £1.65 for the current resource data!!!! So if another company wanted to buy PXC then £1.65 per share please. Obviously ignoring any upgrades and this is very approx!! could be much more!
I think the one thing we can all agree with is that marstons even in the current environment is worth significantly more than the close on Friday. It's not going to go under now, it's safe and that's worth a big premium in addition to this deal.
Never commented or registered with this site before but been trading since the late 90s. Sharegem247 is correct with his statement. The brewing arm values marstons at approx 88p then you have the rest of the business, which even when debt is taken away there is still value there, how much? Who know? Within the 88p initial valuation, granted there's the cash part and yes they said they will use this to pay off some debt. But the key point they didn't have this extra cash of £273 million before this deal and before this deal the shares were only 32p. So are we saying that before the deal all of the 32p was just for the brewing arm, obviously not. So where will this be on Tuesday, above 66p for sure, how much above nobody knows. I obviously agree with you that we should keep our feet on the ground and not get too carried away but these shares are significantly undervalued. Great reading other people's comments though, thanks everyone.