Member Info for Mikey279

lovely RNS yesterday happens once in a blue moon in AIM let alone in mining,... slightly over a year is not a long time for mining companies, considering its the middle of September already

$350m NPV with 122% IRR and a 1.2 year payback period for 25% of the resource , diluted shares in issue 500m?

This can do VERY well IMO....management and PR ticking all the boxes so far

goodluck all

why would you want to sell....? out of curiosity, hopefully not because you see 6 red trades ;)

Happy Friday everyone !

Take a longer view IMO (at least 6 months) which is the lock in period of Truell,

SNT are fully funded, likely to report a profit for the results this month, should be an exciting time, especially at just under £2m mcap, it can 5 bag and still be only £10mcap....

Now that the idiots are out hopefully it can move properly :)

full of sheep here, one person sells then 5 follow, have some patience or stay in the FTSE.....

Look at the MCAP and SP its guaranteed to be volatile down here... just impatient traders or profit takers exiting, but need to get rid of them anyway

You don't get a billionaire with projects in similar fields investing in 25% at a premium for no reason..

I'll be here for a while...

Not going to happen overnight... and not really one to watch all day otherwise you end up like the sheep traders and sell when everyone sells, they're also the ones that buy back when it starts moving

It'll move and consolidate in time , best to switch off and check in further down the line IMO

Mcap is barely £1m, no brainer really

standard AIM really, chase when it goes 100% up and then most lose money when the traders exit

Slow and steady is much nicer, barely scratched the surface here...

May sound a bit rampy but I genuinely wouldn’t be surprised to see it in the pennies at some point, the mega baggers always come from the lowest mcaps

Always thought it was a dog but actually disappointed I ignored the RNS there the other day, would've piled in otherwise, just doing some research and looks like a viable longer term investment at 1m mcap... worth having a look at IMO

Markets are so **** that billionaire owners and cash shells are a thing these days...

Hope all is well.

Been watching this one a while now, the issue has always been a lack of recurring revenue and threat of dilution, contracts are unpredictable and vary in size...

The most recent RNS is by far the best it has received in its recent history, it fundamentally changes the business and its prospects with the premium placing from TIF, as previously mentioned they undoubtedly will have big plans, have a look at what Edi Truell is trying to do with the Atlantic

The shift of focus to IoT and a subscription based model, as well as experience through Richard Parris and essentially a cornerstone investor reduces the threat of massive dilution down the line, although they are fully funded for time being

It's essentially a new business trading at a few hundred K above cash levels

At circa 1.5m mcap (diluted) I'm fully expecting a significant re-rate here over the next few weeks.... in the many multiples

The introduction of directors as per RNS will be a huge signal, no doubt an exciting one to be in both the short and longer term

IMO DYOR etc

Not sure why tax losses are being mentioned, you wouldn't be able to offset losses if it's a different line of business

Although on the positive side:

- You have shareholders in at significantly higher prices

- Things seem to be moving at quite a pace so you can probably assume they are quite far down the line in the process, the trigger point was the sale

- Substantial value/dividend, bit rampy but gives it a huge upside

Nonetheless took some earlier hopefully check in to see 10x + at some point!

Not in... but well done guys 8 bag in 5 weeks!! hopefully a lot more to come

Also took some... worth a punt at these levels, looked like a reversal yesterday (famous last words)

spent some time researching but couldn't pinpoint anything for such a drop other than falling oil prices, hoping its a big seller and lack of liquidity...

GTU3 should be done end of month, debt is high but still reporting positive cash flows and profits so it's being financed IMO

Also up for sale so could get a nice surprise

Not in but does anyone know the story there? bit of an insane drop since start of year....

Also someone their PR machine is on fire.... 5 RNS in 6 weeks and constant twitter updates

lovely...

too many value infliction points at just 8m mcap, and still significantly undervalued compared to peers!

Consolidation IMO, not much room for maneuver when it comes to buy in price..... but not too fussed at these prices, any working capital funding will come from the 2.2p warrants IMO (effectively a 20% diluted premium placing bringing in £1.5m)

IIRC they say they are funded until the feasibility study and decision to mine

Too much in the pipeline and significantly undervalued compared to peers, so its comfortable for now.... EV's, high purity, etc etc, the IRR % really caught my eye,

DYOR

I'm in, good luck all !

Hi All,

Not in yet but well done holders... seems like the overhang finally cleared and some pretty decent RNS's

Will look to add tomorrow.... can someone confirm that the NPV is only based on 25% of the project?

Thanks