Member Info for MasterPlan

The price I stated as used on the Centamin website but is with a different amount of oz. But yes I agree definitely undervalued, even compared to other undervalued companies

HUM really needs a resource summary on its website. Like a clear table with total resources of all its assets, most other companies already do this. It took me way longer than it should to get information to make a decision to invest. I’m sure some people probably only look at the flagship project but the whole company looks pretty good.

And I think Centamin's Sukari mine MRE was based on $2000oz gold price if I remember correctly. I reckon Dugbe is bigger already and with higher grades.

They did participate in the last placing but that should have all gone through by now.

Declared Type Director Pos. Volume / Price Value
29/10/2021 LOF Lori Cross NED 60,417 @ 40.00p £24,167.00
29/10/2021 BUY Michael Sinclair CH 416,667 @ 40.00p £166,667.00
29/10/2021 LOF Michael Sinclair CH 63,543 @ 40.00p £25,417.00
29/10/2021 PLAC Michael Sinclair CH 50,000 @ 40.00p £20,000.00
29/10/2021 PLAC Enrico Vanni NED 500,000 @ 40.00p £200,000.00
29/10/2021 LOF Enrico Vanni NED 100,000 @ 40.00p £40,000.00
29/10/2021 LOF Michael Bradfield NED 115,000 @ 40.00p £46,000.00
29/10/2021 LOF Piers Plowman NED 102,500 @ 40.00p £41,000.00
29/10/2021 BUY Nicolas Serandour FD 416,667 @ 40.00p £166,667.00
29/10/2021 BUY Stephen Myers NED 416,667 @ 40.00p £166,667.00
29/10/2021 LOF Hans von Celsing NED 176,667 @ 40.00p £70,667.00
29/10/2021 LOF RenHua Zhang NED 214,449 @ 40.00p £85,780.00

LOoks very under the radar. I’m expecting a big move when this taken off.

‘The current EV reflects only the quantum of investment to get LIGHT to where it is today, whereas the NPV of the cashflows from all potential sources of income from AVO’s evolving business model is currently 217p (162p fully diluted).‘

https://www.***************************/advanced-oncotherapy-on-the-home-straight/4121033461

Where can I find most accurate information on director deals? every website shows different for this particular share. I normally use share mag which shows director buying through 2021 and a number of large buys recently but they don’t show hear?

Just looking into this company and not holding so not to sure but some countries require a certain amount to be owned by the government exclusive of tax and all the ethical things this company is doing although that should be in subsidiaries of the company for each country rather than the whole company so maybe what you are looking at is something else. The company looks ethical which is nice just concerned it’s not that great for profits or the share price.

I’m wondering why the AISC is so high on the existing mine and if they are taking measures to improve that rather than just expanding.

Also the loan interest looks quite high, was this higher than the interest on the company’s existing debt they just paid back because it is somewhat high risk? I’d have thought JV would have been better because any problems could eradicate profits from the existing mine.

Actually they did take some information down relating to where the monies been going and the directors profiting from it, it wasn’t evidence but I believe they have that. I’ve seen people say on hear a few times it can’t be anything illegal otherwise they’d be able to breach the gagging order. My opinion is that they have done something illegal and it’s just not proven in court yet. In a way they are innocent until proven guilty even if the website owner does know but I’m sure we will find out soon enough. I don’t want to pay legal fees to defend them so I sold up. The website I emailed responded with what appears to be an actual name (not a company name) but I did some searching and I think they are a hedge fund which would explain why they refer to themselves as ‘we’ in the correspondence I posted previously. I won’t post the name used or that of the hedge fund.

The email response I got from the website suggests the worst is yet to come. It’s a full report which they have which they are referring to, not just the email saying they don’t want to work with them. Plus they have a lot of other information. It’s far worse than just bribing in Zimbabwe which is considered fairly normal. The company already said someone was threatening to make the information public so it’s obvious they spoke with the company before making the website and how they are aware of it and it’s clear the information isn’t fake. The RNS from vast makes it look like the friable ground was the issue but this report came about before that was supposed to have been discovered.

Latest placing probably to pay outstanding director fees mentioned. It’s clearly not enough to keep the company going and with the last update we know more bad news is on way.

I sold hear a few days ago but I had previously bought more because that’s what I normally do when I see negative comments. Genuinely no agenda hear though other than maybe hoping AP doesn’t make even more money from killing the company.

Maybe a different CEO who has mine managing experience could have made the company but I still suspect the whole thing was a front for diamonds. The issues with the geology and safety in the mine might have been known my previous owner before it was sold and the fact it wasn’t making money might have just been one of the issues.

I should have bailed when the bank refused the asset backed finance as it showed the company was always worth less than 5 million and that’s when it was 15 million market cap. The NAV is useless if it can’t be mined profitably and now meteorologic issues as well. I do wonder if it was just a front for the diamond thing.

What could be going on in Zimbabwe and extend to the mine in Romania? Has AP been smuggling diamonds and laundering in through the mine? Using the Zimbabwe deal as a reason to keep going back and forth? I did wonder this a while back but was only interested in the copper. Disappointed it affects both. Obviously just guessing hear and trying to think what it could be. Without information I can only assume the worst. At least now the placing is done they can reveal the news.

I can imagine AP now thinking what can he do.. few more diamond concession should do it! Haha just kidding.

I have also added some more. I wasn’t expecting them to meet production on the mine plan. Which I think we can see is the case from the shore cap report even though exact figures haven’t been released by vast.

The main thing it shows is the pivotal point of generating operational profit which has only come recently. These past results were always going to look bad but it’s the pivot point and the future is why I think now is a good time to buy. Also think the market is overreacting in anticipation of poor results which many have probably priced in and might not actually drop the price any further.

I think it could gap up on Monday to fill previous gap, maybe last chance at these levels.

This is what’s happening:

Sold Value £4,082

Bought Value £140.92k

Could go much higher!

STill a great entry price when looking at the director buying. I have have just bought more the company looks very professional I think people who have lost money just can’t see it. I do think it could get back to even some of the higher buy in prices mentioned and directors don’t seem to concerned about some of there higher buy ins.

I see them seeing it as the lowest price has passed and they think it is about to turn around. I think they’d convert the 150k asap and sell if they thought they wouldn’t get the money back. They will do it when it’s much cheaper than fair price for others as they would continue getting interest if kept.

My post was actually in response to another post and was meant to show I feel the pain on the placing side from being in vast. The difference is vast have been saying they have been convincing atlas not to convert since 3x the share price. If they had just converted it along time ago it wouldn’t have cost VAST anywhere near as much when you look at the interest and the number of shares they’d get now. Sorry for the those who don’t follow it, but you might be better off not following it anyway! Personally I like the underdog companies as I think every dog has its day.

I only just invested in this one but am in vast resources, not down as much as most on that though. If Atlas had converted on that along time ago they’d have been much better off. Thought I’d wait on this one for the main bulk of conversion to be done as it shows atlas think it’s a fair price. Looks a lot more professional than Vast I have to say.

I was reading a new company maybe planing an IPO for the old Plymouth tungsten / tin mine at around £100m. Should draw a lot of attention to WRES and make this company look even cheaper. Particularly as that will also require a lot more £ get and time to get it going.

It’s not like 150k is a huge amount of money compared to some placings. Can’t see it making a dint even if they do sell as the shares will get bought up in no time. Personally I see it as a good thing they want to convert as less debt and only marginally higher market cap.

any indonesian investors thinking of participating in an Indonesian IPO could have just bought into ARS on AIM so they wouldn’t have got anything like AE said. Now those investors probably see this company as a scam which I stupidly bought into. I can’t see any deals for other investment until heap leaching and economics is sorted otherwise it will be a terrible deal based on reduced figures and not permitted... other than that im still hopefull but a lot of sold value today..

Crux interview was very interesting. Two parties serious about a deal suggests they may have already made decent unofficial offers which people will be happy with. I wouldn’t describe anyone who’s made a low offer as serious would you? So something decent could be on way. I’m confident this will re-rate in the blink of an eye.