Member Info for mattlilly

With volume of 120 million shares in the last 8 days, and the 18 million short not closed, my thinking is that either or both s/o or more are building a position and/or one of the majors, probably JCC is increasing their stake.

Whatever it is, Dan has managed to unlock the liquidity in the shares without having to issue new stock…

Rerate to resume soon…?

You seem to be ignoring him stating categorically he has no intention of going private, in the presentation. He’s in for the long haul…

Buffett filtered...clearly a paid deramper...

Maybe the Chinese are ready to bid...

Every time good news drops the starting price rises...

Instututions buying because the plan is highly credible...

As DBW says the ExploreCo news will put a value on assets that are valued at negative right now..

And if there is a credible JV partner in there, with free shares for us, watch the SOLG SP rise...

Time for the 18 million short to close..ifnot already...

Major rerate underway!

So much for August...Dan beat expectations...

Onwards and upwards...

Exploreco next...?

All we need now is an ExploreCo RNS and BOOM!!

This is going to close with the highest daily volume ever...618 million so far...

.14 bid...in auction...again...?

Which chump sold 1750000 at 7.84...a potential opportunity cost of up to £21,000...in one day...duh!

Surely its only 18 million...and they may already have started...

More to the point, when do prospective bidders start to get worried...?

Boom!

Bid 12.12 for 10 million...

100694...had to nuy in 3 tranches at 19.85...

Love the technology...added to my AFC...

Both future masters of the universe...

Rodney…the historic data goes out of the window when there is a Junior Miner Bull market and we are well into what will be a bonanza…copper may well be the trigger…

Eg read the article that looks at 1979/80…when the boom happens the dilatory majors have to throw their calculators away…

Got ATYM bonker...

With Gold at 3438 and copper at 5.95 Cascabel now has $270 BILLION in the ground!

Even at only 1% it is worth 67p a share

As the articles below suggest, Cascabel could be worth between 7p and 155p a share on the gold alone...

And on a Post Tax NAV basis between 143p and 205p

But who knows...the majors typically 'panic buy' in an M&A boom for Juniors...GDXJ says its coming...and with gold roaring who's to say we couldn't have a 1979/80 'mania' where some stocks increased up to 40 and even 130 times (Copper Lake)

https://www.bullionvault.co.uk/gold-news/history/boom-bust-repeat-junior-gold-miners-03102014

Here's some interesting background reading...

"As Wilton points out, investors can buy into gold projects for around $7 per ounce in the ground, compared to the $200 per ounce that companies paid at the last cycle's peak."

"As Wilton notes, in favorable market conditions, developers might trade at 0.5 to 0.7 times NAV, while producing companies or those being acquired might trade closer to 1 times NAV."

https://www.cruxinvestor.com/posts/how-to-value-gold-mining-companies-in-2024-insider-tips-from-industry-experts

https://aheadoftheherd.com/getchell-gold-a-case-study-of-gold-in-the-ground-richard-mills/

https://www.streetwisereports.com/article/2025/02/04/is-a-junior-mining-bull-market-about-to-reignite.html

Https://en.wikipedia.org/wiki/Water-fuelled_car

However there is already a commercial electrolysis process to produce hydrogen...combine that with the ICE and you can 'run a car on water'

Personally (and I'm heavily invested in AFC Energy which is commercially cracking hydrogen from ammonia at 15% of the electricity cost of electrolysis. They will be selling hydrogen 'generators' that are cost parity with diesel in 2026.

And the future for EV charging is an onsite Hyamtek generator producing electricity from ammonia via hydrogen cracking...

You can't just pick one bid PBow...

Wyloo ended up bidding $1.05...600% above where it was before their first bid...apples and apples mate...

There was a bidding war between BHP and Wyloo...exactly what might happen here except there may be more interested parties and for Wyloo read Jiangxi...

Thanks for that bunker and well done...could be life changing...

Copper just hit a new ATH of $5.87...

The most pertinent response BP was "I would rather raise £20 million at 50p than £10 million at 10p..."

Implies they have enough cash to take them through to 2026/7 and significant rerate...

Everything necessary is patented and when they were last above 50p, Peel Hunt said the cracker technology alone was worth 50p a share...

January 2025 70p target...

https://www.proactiveinvestors.co.uk/companies/news/1064648/afc-energy-impresses-broker-with-management-team-overhaul-1064648.html

Is that your 163,805 at 7.6492 bonker?

GDX at a 14 year high...GDXJ 13 years...Gold hit an ATH...

Copper at ATH...COPX close to ATH...

Silver close to a 14 year high and about to break out towards $50...

SOLG has been left way behind...only a matter of time....

Which will happen first? A rerate back towards the 20s, or the first shot in a bidding war...?

Or both...?