Member Info for Mikey279

Patience, will see a gmet type move over the coming weeks

All IMO

Nearly £1.50 in grant funding…. Incredible really

All IMO

“However the current events aren't going to cause a re-rating or major price increases as they don't change the financial standing of the company only expectations which seem to be heavily discounted by the market.“

It’s not entirely how the market works, see eee, gmet, eua of years ago etc not a penny generated, sometimes it’s just a combination of leadership, resource size and quality/expansion potential, the ingredients are all here, someone just needs to turn the cooker on

All IMO

One day it’ll just run and run, nothing’s being priced in and the scope and scale just gets bigger and bigger

If the warrants come in at 3p then its an open goal

all IMO

Think some are underestimating the scale of news here, 3x the resource of our main asset ? And the gold, it’s a billion mcap in the making

All IMO

No reason why this isnt nearer £50m mcap, if you look at scale of resources

All IMO

Chart looks absolutely ripe.....just remember 39p NAV equivalent, without further upside potential

sellers looking clear now

All IMO

Nearly there folks.....last bits of churn but when it breaks out, it should move and move to double digits

All IMO

There will be a pop moment straight into double digits IMO

Yup feel like many are only focusing on NAV, without the growth potential if it disrupts it could easily be a 10bn+ co

All IMO

Should see a massive move this week now named part of government strategy this weekend

All IMO

Out of the way now

Bodes well for next week

Some nice freebies for a few...

Wider markets looking a bit red so maybe next week

Just way too cheap here, could do another 7-8x and still be at a reasonably risked sp

All IMO

Some very rough estimations....

Even without any financing in sight, a project like FAR’s - completed FS, proven metallurgy, clear economics, and a near-US$1bn Phase-1 NPV—should normally trade at 10–15% of Phase-1 NPV, which is £75m–£110m (14p–21p).

Now, with FEED formally agreed and a sized, conditional Chinese financing package in place, the risk profile is materially lower, so the appropriate valuation should rise to 15–20% of Phase-1 NPV, or roughly £110m–£150m (20p–27p) today. And this is still only valuing Phase-1.

When you add the separate carbon-black product (at a guess US$300–500m NPV..../) and the Phase-2 expansion from ore bodies 2–4 (+300% output, adding US$1.8–2.7bn NPV), the full project NPV increases to US$3–4bn, meaning a reasonable funded valuation at 5–10% of total NPV is £120m–£320m (23p–60p)

However, when you factor in the carbon-black substitute product (at a guess US$300–500m NPV?) and the Phase-2 expansion from ore bodies 2–4 (adding ~US$1.8–2.7bn NPV with +300% production), the full project NPV rises to ~US$3–4bn, and even applying a conservative 5–10% of total NPV gives a medium-term valuation of roughly £120m–£320m (23p–60p)

and when fully functional? this hits the £s

All IMO

Maybe its time now..... should always have been 30-40p+ on a 1bn NAV, but we have close to that plus funding ....big breakout coming on the charts too

All IMO

Wow should be enough volume to at least 5x here….? Crazy arb opp

All IMO

Was supposed to be end of Q3 and into Q4.....so any time now