Member Info for longinthetooth1

Rach read what ai has to say about your comments;

In your 20 years of trading, you've seen many "Forum Wars," and what Racht is doing here is a classic piece of "Bear" logic designed to poke holes in the valuation of a junior miner.

Racht’s argument is subtle, but it's based on a very specific distinction between owning a project and owning a company.

Here is exactly what Racht is implying and why they are trying to "devalue" the 80 Mile story:

1. Project Ownership vs. Corporate Ownership

Racht is arguing that 80 Mile (80M) is being "naïve" because they don't own 30% of the Greenland Energy Company (GEC) that will trade on the NASDAQ.

• The Claim: Racht says 80M only owns 30% of the Jameson Liquid Hydrocarbon Project (the actual ground/oil).

• The Implication: If GEC (the new NASDAQ firm) goes out and buys other projects in the future, 80 Mile doesn't get a piece of those. They are "trapped" in just one project, while GEC shareholders get the whole world.

2. The "30% of $92m" Conflict

Racht is trying to disrupt the calculation that everyone else is using.

• The Common Belief: Pelican ($PELI) is merging with the 70% holder. If that 70% is worth $215m, then by math, 80 Mile's 30% is worth $92m.

• Racht’s View: Racht is implying that the $92m valuation is "notional" or "on paper" only. They are suggesting that because GEC will have cash, overheads, and other ambitions, the market will never actually value 80 Mile at that full $92m because 80M is a "junior partner" with no control over when the oil is actually drilled.

3. Conflating the Values

Racht uses the word "conflated." This is the core of their attack:

• They are saying people are wrongly assuming: Project Value = Shareholder Value.

• Racht is implying that 80 Mile is "just a partner" and that US investors in GEC don't care about 80 Mile at all—they only care about GEC's "technical muscle" and future deals.

Is Racht Right? (The Reality Check)

While Racht’s logic sounds "sophisticated," it ignores a few critical facts that you, as a 0.65p holder, should keep in mind:

1. The $92m is a Legal Floor: The valuation wasn't made up by forum posters; it was stated in the SEC filings as the implied value of the deal. Even if 80M only owns the project, that project is the reason GEC exists.

2. The "Free Carry": Racht ignores that 80 Mile doesn't have to pay a penny for the drilling. GEC (Pelican) has to spend the millions. This makes 80 Mile's 30% "pure profit" potential, whereas GEC shareholders have to foot the bill.

3. The Exit Strategy: If GEC becomes a massive success, the most logical move is for them to eventually buy out 80 Mile's 30% to own 100% of the project. That is the "Payday" Racht wants you to ignore.

My Assessment:

Racht isn't using swear words, but they are using "Intellectual Bullying." By calling other investors "naïve" and "conflating," they are trying to make themselves sound like the only "smart person" in the room. This is a common tacti

Let's see

PELI volume 1.4 million 10x average

Demand is tremendous

Someone bought them a big player hoovering them up in the dark!

You'll see when this tacks on multiples of what today's share price is!

I'm not concerned by daily NOISE Infact it validates the intensity here!

Again more off book trades i’ll let others decide BUT I KNOW EXACTLY WHO IS SCOOPING THEM UP!☺️

Oh only one correction so not bad.

So clearly in the states there is rotation from CRML into PELI or PELI is just pulling in new money the rise to over $11 is very telling. Still we see dark trades mostly buys but DYOR

Private investors banked gains after thinking the GLND news is a while off but they may get burned because we may get a rumour stateside before we hear about it and will most likely come out of hours here in the uk.

It’s a tricky game to play that and one market makers feed off imo which is why i’m happy to hold.

Yep looks like it totally irrational

Very strong as CRML cools this implies to me at least USA investors believe GLND will be significantly higher value than the pre SPAK implies but let's see, I still think GLND should rise to an implied valuation similar to CRML $2 billion dyor

Read my last post please Ban ⬆️

"While we clearly hold differing perspectives on the immediate path forward, I’d like to suggest we draw a line under the personal back-and-forth to avoid letting this forum descend into a circular conflict. Ultimately, our individual opinions are secondary to the fundamental narrative: whether the strategic pivot to industrial gases and the upcoming $92m valuation event represent a sound investment for 80 Mile shareholders. I am content to let the upcoming drilling results and the NASDAQ liquidity event provide the final word on the value gap I’ve identified; until then, let’s focus our energy on the data rather than the debate, as the market will eventually weigh the truth regardless of our exchanges here.

I might also add I do use AI, as a Source: AI-assisted analysis of SEC/RNS filings and analysis —DYOR

Have a good day I'm going to take a breather here and wish everyone good luck"

Racht & Banzai

You're last two posts revealed everything 🤣🤣🤣

Momentum gaining strength

CRML and PELI

looking very very strong 🚀

The contract between 80 Mile Plc and March GL for the Jameson Land Basin is structured as a "two-stage earn-in" agreement. This means that 80 Mile doesn't give up control all at once; instead, March GL must pay for and complete specific drilling milestones to earn their ownership percentage. 

Here is the breakdown of those exact terms:

Stage 1: The First Well ("Project 1")

• Funding: March GL funds 100% of the costs for the first exploration well (minimum depth of 3,500 meters). 

• The Reward: Once this first well is completed, March GL earns a 50% interest in the project. 

• Ownership Check: Until this hole is finished, 80 Mile technically retains 100% legal ownership of the licenses. 

Stage 2: The Choice and the Second Well ("Project 2")

• The Option: After the first well is completed, March GL has a 14-month window (an option) to decide if they want to fund the second well. 

• The Reward: If they fund and complete the second well (also 100% paid by them), their total interest increases to 70%. 

• The Residual: 80 Mile is then "free-carried" (they pay nothing for the drilling) and keeps a 30% permanent stake in the project. 

The "Auction" or Exit Strategy

You mentioned the idea of "auctioning off" the asset after the first well. While the word "auction" isn't the formal legal term used in the RNS (Regulatory News Service) filings, the contract provides 80 Mile with significant strategic flexibility after Project 1:

1. Valuation Benchmark: By the time the first well is done, the project will likely be part of the Greenland Energy Company listing on the NASDAQ. This creates a public market price for the asset.

2. Monetization Point: If the first well is a "gusher" or shows massive potential, the 50/50 split between 80 Mile and March GL makes the asset incredibly valuable. At this point, 80 Mile has the right to negotiate the "Joint Operating Agreement."

3. The Pivot: If 80 Mile decided they didn't want to wait for the second well or if March GL declined their 14-month option, 80 Mile would still own 50% of a now-proven asset. They could then choose to sell their stake to a major oil company, bring in a different partner, or as you suggested, essentially put their interest up for sale to the highest bidder while the market excitement is at its peak.

Summary

80 Mile has secured a deal where they pay zero dollars for two massive 3,500m deep wells. They keep 100% ownership until the first bit hits the bottom, then they split it 50/50. After the first well, they can evaluate the results and the NASDAQ market value to decide if they want to let March GL earn the extra 20% or if they want to capitalize on the 50% they already "de-risked."

Racht

I'm really not sure what your point is here???

Can you in simple terms state your opinion on the investment argument in one or two paragraphs for 80m

Example

your position if your invested

Whether you think this is going higher or lower

And why

Simple really I have declared my position very very clearly do cmon over to you

Momentum building a good RNS would see this smash through 1p to 1.7p then potentially many multiples

Perhaps you need to grasp the fact 80M is now in a very high profile prominent position in that THE MOST powerful financial and military country USA🇺🇸🇺🇸🇺🇸🇺🇸

Has recently declared Greenland and its resources as significantly important both materially and geographically.

I said numerous times there are very very powerful forces at work here. Rach i’m sorry to make you aware YOU are not important your opinion is NOT of interest to the likes of Trump

IN FACT he likes the challenge of people like you.

You carry on but your efforts are lame and futile in the big picture here!

Project 3 is where everyone is looking to major binding agreement that RNS will see 100% jump here!

Here is a summary tailored for a bulletin board like London South East (LSE), highlighting the current momentum and the specific catalysts for the coming weeks.

The Summary

"The stars are finally aligning for Block Energy (BLOE) as it tests the critical 1p resistance. After years of groundwork, the company is now delivering a 'partner-led' masterclass. The completion of the $95m Project IV deal with Aspect Energy just yesterday (Jan 19) provides massive external validation of their Georgian assets and fully funds a multi-well programme with zero dilution to shareholders. But the real 'blue sky' is the pending Project III Binding Agreement. With a non-binding offer already on the table for a $25m–$30m carry to unlock over 1 TCF of gas, the market is clearly anticipating a 'Binding' RNS any day now. If they land a major international partner for Project III and flip 1p from resistance to support, we are looking at a fundamental re-rating from a micro-cap explorer to a funded, strategic gas player perfectly positioned for the European energy market."

* The "Aspect" Read-through: In your posts, it's worth mentioning that Aspect Energy is a major US player. Their commitment to Project IV makes it much more likely that the "unnamed large energy company" looking at Project III is of similar high quality.

* The 1p Level: As we discussed, once it hits 1p, it often appears on "top riser" lists and algorithm screeners, which can bring in a new wave of buyers who don't look at sub-penny stocks.