Member Info for MarcEtMaker

No not in. Took it from 702 to 760 yesterday. Going to wait for this to bottom out. Been waiting a while for this one though as nice uptrend.

Not deramping - just where I see the support coming in. Agree this will be up long term

Can see this trading lower today. Maybe 600 ish.

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Flying now

Just sorting the book

It’s going to pop. Bid stacking.

2.8m traded already. Only 70m in public hands with the other 280m locked in. Going to get interesting building up to production. No one selling down here mm on these profit figures, delay as many trades as you like.

I have no doubt. Will be 30/40p by early December and production starts

Looking good today.

Listened to the ceo interview again last night. Entering production by end November/early December with first revenue this calendar year. Don’t know any other AIM company making £45m profit a year valued at £40m. Most are still looking for their resource at that valuation, without the asset and infrastructure Ben has in place. Think we will have a good steady rise this month as people cotton onto the business.

Agree with you calculations, however you would normally x by the industry p/e for valuation. Also need to be forward looking. At a p/e of 4 (which is low) on 46m profit is 184m. / 350m shares is 42p share price at current 264k production

Well, it’s not priced correctly if making more than the Mcap in profit.

https://twitter.com/*************/status/1452252217021456387?s=21

Listen to the figures at the end. Quick summary of price assuming a low P/E of 4.

22,000 tonnes per month (what we have sales agreement for) - £140m mcap.

44,000 per month - £280m mcap

88,000 per month (ceo target) - £560m mcap.

This is priced at £40m and will be a cash cow. Can see 3 bags by December and at least 10 bags in 12 months.

Good luck all. Going to be a good year

Sorry 44,000 a month

I think £1 will be seen sooner than 12 months. Once production starts at 44,000 tonnes a year they will literally be printing £6m profit a month.

Why do you keep bringing him up. He’s click bait and an idiot shorter that makes money from naive private investors selling at a loss, which IMO is actually criminal.

Nice document Kay. Highlights the case nicely for this share. Can’t see it hanging around this price for long, especially when production starts in roughly 6 weeks.

Just got round to listening so the whole thing. Very bullish indeed and will be generating revenue this calendar year. Profit off only half production of £35/40m. This is a going to be massive once in full flow. What a bargain this price is.

Late reporting of buys giving impression of sells. Price action looks very strong. Looking forward to how this progresses.