Member Info for LuckyLuciano

If the market cap matches the share price.............lol. We would be seating on a £6millions per share.

Please refrain from talking maddess..

Jorc Gold in the ground has different valuations depending from many factors, and is definitely NOT values

as its current market price.

If the extension areas currently drilled prove to be gold bearing deposit, and imo chances are 90% correct, then

potentially Mila is seating on 2 million/OZ reserves.

Currently Oz of non developed resources is valued on average at some 50 C$ or £27.

With the cheapest going fo C$21.

Information from Maple Gold Mine Presentation:

https://www.maplegoldmines.com/index.php/en/investors/presentations

Tony_month

on the 25 of December 2025, Christmas day.

if one believes in coincidences......investors cronicle, has just published an article on les gold miners, extensivelly mentioning thor and comparing it to metal exploration, among other news. i was about to do the same on here, in particular because these 2 miners have many similarities, including the market cap, which for my point of view is unfair. i think the market is very biased towards african miners, failin to make distinctions between countries and governments. in fact, for thx been the only gold miners in such a developed and democratic country like nigeria, compared to many others, its a great benefit in the ease thx management will get, "preferential services the like of new licenses and permittings....."i am not saying it should be priced in the sp, but come on, a pe of 2.5. ffs doesn't compare favourably not even with the most outlaw, fundamentalist countries of africa. the marketis either, at sleep, ****** or plain ignorant. you chose.

Q2 net profit at US$ 51.6 million, at POG US$ 3,187 per oz......and $3187/oz can be considered history.

At current POG, next year forecast US$ 257millions less 10% for inflation etc = some £180million net profit.

Lets say 4 years production at Segilola, equal £720 millions (assuming inflation and costs will rise as much as POG, in the 4 years left of production)

Conclusion: THX should be valued easily at £1 per share, not for the intrinsic value of gold in the ground, but for the fact that with one of the lowers AISC

and years of production left, because they could keep exploring in Nigeria as much as they like.

In fact is not out of the question that at some point they will start producing in Senegal and still keep producing at Segilola.

2 new drill rigs just commissioned in August, I am expecting increased positive news from exploration.

What I really like about THX is the management team.

They mean business, the recent purchase of 2 drills to speed up explorations for me was one of the reasons if not the main reason why I invested here.

The feel the urgency and they want to prove something in a professional way , not just with talks and mavericks...

Sometime commune sense is underrated, but for me it is paramount to run a business, gives me the feeling of trust.

Remarcable, gold stocks keep motoring upwards, THX Ca. up some 8% and many other....

I suspect imminent expectation for a new POG all time higher.

If recent retrace to 3660 POG futures is done, (and I put my neck on the line that it was..)

the momentum for POG is unstoppable.

Lowest AISC means lowest sensitivity of profit to changes in gold price - in both directions. So when gold goes up, their profits increase but not by as big a % as other miners with higher AISC=============================

Jammin999, you may be very good at maths and logic, but I think you fail at understanding the "meaning" of posts in this board.

David1951c didn't bothered to reply,

but I like to help you mate, so please don't react istintivelly to my post and ponder hard and deep on your intentions,

when making statements. You don't need to prove anything to anyone bro.

But if you prefer to keep taking statement out of context, just to prove your intelligence, hey I am sorry about.

I honestly didn't even watch it.

And I am not surprised on the sp reaction among other events of the day....

It doesn't matter what they are going to say, the market whats results and it's only right to be like this.

If one looks at Mila website can easily find out that nearby there are multimillions OZ gold discoveries

and in any case the previous drill results from Mila are a tantalising hint, at the potential of Yarrol and extension areas.

This is going to be like many other AIM, tiny exploration companies which on the day of a transformational RNS, they explode upward

maybe 150%, 200% how knows. With the market maker that deals with Mila shares........everything is possible.

If they put a spread of more that 10% right now, just immagine what will it be if/when Mils will announce that they have

good drill results which confirms the gold mineralization for many more Km away from Yarrol ?!

My be not a complete surprise give historical datas, but still it will be materially very relevant

and welcome.

In the end so far it was sell the news, but imo a POG retrace was due in any case...

On the hourly RSI, it started to diverge since gold touched 3720, and now in oversold territory.....still the huurly.

The day calls for a retrace to 3650 on 23.6% and 3600 on the 38.2% Fib.

We are still talking about 150 and 100 $ above last high resistance and some 400/500$ above last quarter average realised POG.

This retrace is very healthy even if one is invested for few months time frame.

So far, many Canadian and US big gold miners have hardly reacted to the current retarcing....

Maybe it was already priced in given the latest reds on gold miners.

UDS reaction to counter POG current drop has been so far pathetic, and in any case coming from almost 4 years low....

What is going to be the next theme/catalyst for POG?

Possibly all eye now on geopolitics, Trump madnesses and macroeconomic datas.

Meanwhile central banks will keep buying gold. I find it interesting that US indexes have not reacted in a positive way to the rate cut.

IMO this is positive for gold because moneyflow are saying now, tech stocks....no thanks, give me the gold.

This is funny.... My apologies, I was meant to post this completely on another board, another gold miner (explorer).

This one is also presenting today....

(this is way I couldn't see over there my post, on the other board) Iol..

Not sure if we are already drilling, but if not is a matter of days.

We got the presentation on today??? Maybe another RNS for start drilling this week?

The I am expecting newsflows of gold mineralizations in the drills, coming out as soon as 1 week after drilling starts

which again I am not sure when exactly happened.

I suppose is fair to say that they have already started drilling......

If is true what Vermeulen says about POG and gold miners...in the first minute of this video... it is actually what is happening.

Is a perverse situation, awaiting for POG to correct a little, for THX sp to go higher?

Will see....

https://www.youtube.com/watch?v=P-PIkfFkdAI

...POG at all time high. What the matter with the market?

I wonder if they are anticipating a rate cut and it will become sell the news?

If that is the case, imo it is unlikely to happen, beside maybe a small correction, maybe...

Too many forces are for POG to go higher, including geopolitics, USD with is ging lower and lower

and finally the indexes, for a correction in the US indexes would favour gold as nowadays the safe haven

byond USD or Cripto.

Patience is required....

30p ? Blaimeeee

Yes it seems that for technicals and fundamental reasons 0.70 is the support

and quite strong imo, considering coming news flows....

It should be a nice platform for the sp upward. Lots of small exploration companies with Mila potential are valued

4/5 times today sp.

I have recently followed the sp action od Oriole and Wishbone Gold, and now that they both have settled after news,

they are respectively £15mil and £38mil, mainly representing the difference in geographical location.

No doubt during newsflow price action the volatility was much greater, fuelled by sentiments and expectations,

whereas Wishbone Gold sp raised up to 6 times, compared to Oriole 3 times.

I am not going to make sp prediction for Mila, even if is very tenting considering the tiny market cap

compared to Oriole, for example...

But is clear that we are way undervalued, especially if they can prove with coming drilling that indeed there is gold mineralization

of decent grade also on the 2 other extension areas, potentially confirming a multimillion OZ deposit, same like

nearby discoveries from other miners.

..has I tought, the company is totally refocusing on gold and Yaroll project.

The way they are communicating to the market is positive, expecting tantalising news flow during drilling.

Most likely by the 17th, drilling pad ready and maybe commence drilling?!

Anyhow is the focus on the potential of Yaroll that will rerate Mila.

Feels like we seen the lows on share price, but hey.....you never know.

Definitely needed a bit of market exposure, to get rid of the lithium of the past.....lol

Very positive news.

Yes Piscator1

Mila lithium asset may be worth something, but imo it is negligible compare to the gold asset potential.

I have been analysing dozen of lithium projects and invested in many lithium miners, including Liontown,

back in the jaydais of high lithium prices.

I remember back then many gold miners explorers where switching to lithium exploring, just because the price of

lithium when skyrocketing.

Endresult, there are now so many lithium explorers out there, with very decent high grade deposits that can be bought for

peanuts, compare to the cash they spent on exploring and drilling.

Lithium among many other strategic metals is a doggy investment, there is always China which can dictate the destiny of prices

along with USA and Trump, ever changing policies....not my cup of tea, especially mid/long terms.

But gold, well, nobody can touch gold.....it will go up and up for ever.

Mila will rerate for its gold assets. As I said, with this phase 2 drilling, they are testing 2 new areas witch will confirm

gold mineralization for the 12Km strike lungh.

Potentially millions OZ gold deposit, for this tiny market cap share.

Possibly only explanation of why Mila is so undervalued is that till recently, Mila was focusing on lithium at Kathleen Valley

and only recently, with the exit of Liontown from that project, Mila is refocusing on Gold...at Yarrol.

Mila, seems to be still valued as a lithium explorer by the market, it takes a little time and noise/news flow

to awake investors.

Upcoming phase 2 drills imo, are really transformative for this company and will re-rate it,

especially is positive drills come from Monal and Mt. Steadman extensions.

Wouldn't mind half of Orosur valuation, considering that we are in Australia and not Columbia at thousand of meters altitude.

..I am trying to understand this market.

Orosur, exploration in Columbia market cap £75 mil,

Mila exploration in Australia market cap £5 mil.

I am not going to analyse and compare them because it would be impossible to quantify and value

assets and stages of exploration. The fact remains that they are both early stage exploration companies

quoted in UK market. Either one sp as to come drastically down or one as to go dramatically up....

If this doesn't happen, I better give up investing and put my cash in a fixed interest ISA.