Member Info for mr10bagger

I mentioned 0.35p and 0.50p as key technical targets seems ZAC concurs with a 0.40p target backed by fundamentals after the resource upgrade today, think word is spreading of what we have here

Come on sleepy London wake up!

Maybe we should list on the Greek stock market LOL

That gave me a chuckle am sure we will be a lot higher come end of week but even so.

It is a pathetic response and increase off such a great result.

If we end the week up 16% may as well pack up and go home PMSL

Am beginning to think this is a potential 10 bagger now you mention GGP

JV with a major would be great!

Our resource size US$4.23 billion, Kalimanten was US$1 Billion

Market of old we would be £20m easily by tomorrow remember Kalimanten when they announced resource upgrade to US$ 1 Billion resource and it went to that in 2 days from £1.2m to £20m plus.

Break this little bit of resistance and then can not see any natural resistance till 0.35p opening the way to 0.50p. Would still only have market cap of £12 million and be at level we were when announcing a resource just one fifth of today's update.

So still cheap

By my calcs they have a GNCAV position of £2.1m so no need to raise at the moment the resource upgrade appears very significant

Think you are scare mongering am going to double check but what I have pre today shows forward looking to 30th sept 24

£650,000 cash

1,732,000 trade

liab just £222,000

So GNCAV of £2.1m

They have no need to raise now still cash from last raise reckon over £600k by my calcs and the resource is huge still doing the maths and then will look for companies listed with zinc resource similar and see what their listed price is

When announced resource one fifth of this size I see share price got to 0.50p double the current price think this could easily bag today I am in

Time to do the maths

They have done great with their US operations since start of year achieved in short space of time

East shawnee permitting 3d seismic sept/oct

Taylor well to be drilled 4th quarter

Mocassin well to be drilled 4th quarter simultaneously as Taylor well

Diana well to follow

Much more beside the above.

News rich period can see a rerate to 32p in the short term and more beyond

Markets tend to be forward looking using figures I have to hand broker projections and doing my own arithmetic shows for 2025 on average

BP current price 429p price target to end 2026 551p

I year price range 424-561p

PE 6.56

Div 5.89% I think the site you used may have taken the dividend in US cents and divided it by share price British pence is only reason I can think for disparity.

UOG PE 5.24 Current price 16.15p Price target 66p

1 year price range 14.3- 27.53p

Dividend they do not give a projection but if they pay the same percentage as BP from projected earnings this would give a dividend of 7.89%

Broker targets need to be taken with a pinch of salt especially as there is only one broker forecast for UJO. However they are projecting growth in earnings for 2025 over 2024 of over 200% compared to BP of around 20%.

There does seem to be quite a bit of activity ahead of for rest of year and into 2025. If the Broker targets are hit for BP and UJO then they both seem reasonably priced to me and would expect them both to be in better position share price wise come the end of 2025.

I note last year earnings fell but also that what the broker is forecasting is in line with 2022 figures so not something this company has never done before, do you think this could be obtainable 2025 they do seem to have a fair bit of activity planned for end of 2024 and into 2025?

Two time 10 bagging champion

First time November 2019 0.021p -0.27p= 1185% 10 bag plus on news invited to demonstrate Stirling to Global Manufacturer of Marine engines.

Second time November 2020 0.0175p-0.195p=1104% 10 bag plus letter of support from Volvo Penta after a successful Model Design Application.

So this is a two time 10 bagging champion

1st time Nov 2019 0.021 -0.027 = 1185% 10 bag plus news invited to demonstrate stirling to Global Marine manufacturer

2nd time Nov 2020 0.0175-0.195=1104% 10 bag plus letter of support with Volvo Penta successful model design application

3rd time we await but not difficult to see, whether we achieve or not for me this is a no brainer at 0.008p mid.

Little more than a year later in the absence of further news and the stock was at a 0.0175p low, the share slowly recovered and by November was sat at 0.05p, when news hit the market of Inspitit Energies successful model design and application. The mystery Global Marine supplier was named as none other than Volvo Penta. Volvo had agreed a letter of support with Inspirit Energy, heavy buying volume saw the stock move to a peak of 0.0195p making Inspirit Energy a two time 10 bagging champ...

Cheers Lloyd will save me a bit of time trying to find something that is not known, enko put me onto this share sunday just piecing the bits together at the moment.

See Angora was bought for 800k and Semnet for US$1.8M both look bargain buys to me. Any idea what we bought PAYPT for could not find that either?

Does anyone know what the likely purchase price will be for, could not find

1. 66% Easysend

2. 100% Bonfire

or has the above not been disclosed or still being negotiated?