Member Info for marmie50

This week somehow feels different. Got a gut feeling we are going to continue to rise over the coming weeks and months. Just need confirmation that all is on track to break even later in the year?

Marmie

Granted if you want to play it safe and make bit of money. However, with all the metrics on GEX, I would say that there is more than a reasonable chance of making a decent return on an investment. Currently hold and have been adding over the last 3 weeks. I’ll continue to do so on any weakness.

Kind regards,

Marmie

I think it was a sell, judging by the price action after. Either way it was absorbed which bodes well.

Marmie

Annoyed with myself for piling in some cash here earlier in the week. Really thought this may be the start of the much talked about rto. Guess I’ll sit it out and see what happens. It is interesting that the 3% + holders have not sold, with the exception of one of them.

Marmie

100k and will double this next week,

M

Actual spread is 6.60 v 7.20 in case anyone wondered. I’ve been adding gradually now up to 100k and I may double this in the next week or so.

M

Still find it unbelievable that there is such a disconnect between the current market value and its proper valuation. I’ve added more today and fully expect this to re-rate by the eoy,

Marmie

I see the seller is still there. Need to shift him before we see a proper valuation of GENF. The market cap is joke for a company that is making this kind of progress. That and the amount that has gone in from grants and fund raises simply does not reflect the value that is here. Do we have any idea who is selling? Is it Premier?

Regards,

Marmie

Not exactly boom, but I can see value here especially with news on the not too distant horizon

Marmie

Dear me, the bashers are up early doing their thing. Never mind, best to ignore and not engage in this disinformation. The hardest thing to do is sometimes to do nothing ie not try and attempt to trade. It inevitably ends up in losing or having to buy in higher. If you’re convinced this is a bargain leave it there and come back later,

Marmie

And all this with a current market cap of £2.5M. The biggest thing for me was the bond holders agreeing to hold off until 2032 or until NTVO reach a cap of £35M. I feel pretty sure that the latter will happen before 2032, which shows an enormous amount of confidence.

Marmie

That the mine plan is due to be published and then this from the last update:

The Company anticipates it will be able to restart production at Tesoro and initiate production at Morrocota approximately two months after completion of the mine plan, subject to the outcome of the study and engagement of a contract mining firm.

Marmie

Just a correction on fact here: Current market cap is £1.8M. There are 323M shares in issue.

Marmie

Just a reminder that current market cap is about £20M. With this contract and the previous design win this should easily reach £50M market cap or about 8.5pps. I should imagine they will need to raise funds in order to expand capacity but that will be at a premium to the current price, imo.Marmie

Just a matter of time. I’ve been adding at these crazy prices.

Marmie

Of course it is. I never suggested it was a done deal, but I think, in my opinion, the chances are much better now for this to happen,

Marmie

It will not be long before a JV is announced and we have seen what kinds of sums are involved in other partnerships.

Marmie

To state the obvious, there is a complete disconnect between the current market cap valuation and what GENF have. Even without taking in to account the non diluted grants, this should be valued at £20-25M, or about 5-6 pps, imo.

Regards,

Marmie

It feels different this time as there was only a slight pull back but still remained in positive territory. Healthy volume too which bodes well for the future,

Marmie

If you read the article you will see this does not apply to OBD,

M