Member Info for longtimeinvestor

Valuation of Met1's EV1 stake has increased by about £300,000 currently

Onb

'' for as yet unrealised future potential growth?''

there is no growth record. A lottery ticket has the potential to give a return

There is no p/e ratio as there is NO revenue and so NO EARNING.

Without such things, paying double asset value, would be an extreme gamble.

As I have said a number of times already. buying underlying assets directly would have given more for the money.

EV1 now up 70% from a little over a week ago.

Onb

Met1 raised about £13 million net in cash . Prior tangible assets plus cash left plus lottery tickets bought minus

cash running cost will give a current tnav value. current market cap is double tnav - how many more fking times.

The rest of those bought for under 82p on 3rd Oct 22 for 253p

I still hold a lot

Https://petition.parliament.uk/petitions/730194

Onb

''Now who’s clueless and losing your own plot.''

Certainly NOT me - only you - and you have done it YET AGAIN,

Intrinsic value is the true value of an asset and not the price that the market places on it.

The true value of Met1's assets are about £14-15 million.

Gambler would have to pay about a 100% premium to the actual true value.

Onb

''Now who’s clueless and losing your own plot.''

Certainly NOT me - only you - and you have done it YET AGAIN,

Intrinsic value is the true value of an asset and not the price that the market places on it.

The true value of Met1's assets are about £14-15 million.

Gambler would have to pay about a 100% premium to the actual true value.

Lti

''being an amount of money that they have spent)''

- Exploration and evaluation assets

Onb

''NAV which so concerns you.''

you have lost the plot - again.

It is of absolutely NO CONCERN to me, but it should be a concern to every person who has gambled into buying into Met1 at vast amounts above any kind of intrinsic value.

There is about 1.75p per share of tangible assets. You will have to wait for a report to see how many more millions they will count as being an asset ( but in reality being an amount of money that they have spent).

Onb

''NAV which so concerns you.''

you have lost the plot - again.

It is of absolutely NO CONCERN to me, but it should be a concern to every person who has gambled into buying into Met1 at vast amounts above any kind of intrinsic value.

There is about 1.75p per share of tangible assets. You will have to wait for a report to see how many more millions they will count as being an asset ( but in reality being an amount of money that they have spent).

Onb

''but consider it irrelevant.''

clueless yet again. I think you will find that gamblers have no choice but to accept the situation that they find themselves in.

They gambled on nothing else but on a share price figure thinking they had 'bargains' and expecting large bounces in a share price number after a MASSIVE fall from 55p which had come about solely on the back of scam articles. There was absolutely no thought whatsoever that the forward market cap at the highs had gone to about £450 million.

A gambler buying 1.75p for 55p but irrelevant?

Virtually no one currently can sell to get their money back. They can either sell currently at double tnav or hope that one of the bought lottery tickets by Met1 has a decent return that would increase tnav by any significant amount. Even a 60% increase in EV1 doesn't do much to move the Met1 tnav dial in relation to he market cap. Maybe a 10 fold increase would help.

Onb

''but consider it irrelevant.''

clueless yet again. I think you will find that gamblers have no choice but to accept the situation that they find themselves in.

They gambled on nothing else but on a share price figure thinking they had 'bargains' and expecting large bounces in a share price number after a MASSIVE fall from 55p which had come about solely on the back of scam articles. There was absolutely no thought whatsoever that the forward market cap at the highs had gone to about £450 million.

A gambler buying 1.75p for 55p but irrelevant?

Virtually no one currently can sell to get their money back. They can either sell currently at double tnav or hope that one of the bought lottery tickets by Met1 has a decent return that would increase tnav by any significant amount. Even a 60% increase in EV1 doesn't do much to move the Met1 tnav dial in relation to he market cap. Maybe a 10 fold increase would help.

BOW

''It has shot up from 3.7 to 3.95 ''

ffs - nothing to see here

An uncrossing trade for 46 shares at a value of £1.82p created the official eod figure price.

Your desperation is increasing on a daily basis using words such as 'shot up' and then giving figures representing what a spread had been for most of today.

tnav needs to double to get near the Market cap valuation. There is nothing to justify having any premium over asset valuations.

LTI

''Same thing is being played out with MAST - some having already paid out over 200p per share for mainly about 4p per share minus costs of cash coming in .''

MAST now on its's way to a low share price - currently crashing today, down to 93p.

Has previously had a high of 213p - crazy.

Met1 market cap is at about £32 million - it has tangible assets of ????

Bow

''Why are people still selling after this great news absolutely incredible''

what great news?

Met1 gamblers funds valuation is currently at about a 100% premium to tnav

Onb

''What he doesn’t grasp is the market is trying to find the price at which people no longer want to remain long term holders ''

clueless as usual - what percentage do you think bought Met1 shares for up to 55p with the aim of keeping for 10 years +.

Fk all I would say, which makes your statement absolutely ludicrous .

It is more a question of how long gamblers are prepared to keep hold of 1.75p per share of tnav, in the hope that figure increases rather than decreases rather than deploy sale proceeds elsewhere.. Probably about £3000 per day is being eaten away each from the current cash pile. My mining fund bought at a discount is now up about 14% since I bought in last month.

Rog

btw here is no shortage to the number of Met1 shares available - about 840,000,000

Rog

''price will reflect whatever people are prepared to pay for it''

as is the case every day - unfortunately there are many dumb people in this world who paid up to 55p to obtain 1.75p of tnav,

Even at the current price it is at over a 100% premium.

Same thing is being played out with MAST - some having already paid out over 200p per share for mainly about 4p per share minus costs of cash coming in .

MrR

''Can someone explain why the fluctuations in price has been so consistent over the past several days?''

because there is nothing to see here - not many can still sell at a profit.

LTI

22 Sep 2025 13:37

simply a case of the owners (gamblers) trading a few shares with each other, without any sizable amounts involved. Need larger movements in price for gamblers to make a quick profit on a trade, taking account of costs and spread.

Met1 will be haemorrhaging cash on a daily basis