Member Info for Mr10cent

As of today the share price is 0.06p. Market cap £3.15m.

Therefore 0.6p is £31.5m i.e. your 1p is £52.5m market cap

Then the 5p prediction is £262.5m market cap

I'll happily take the 1p i.e. 16.7x where we are today

The 5p is 83.3x where we are today!

I am a believer but I'll be more than happy if it makes it all the way to 2p.

What I am sure of is that the company has to be worth more than £3.15m...got to be more like £12.6m with the permits in place!

So the dizzy heights of 0.25p would be a great start!

Thank you for sharing. Just got to continue to wait for those permits…

Here is the link albeit you have to pay for the subscription…

Helium explorer lifted by discovery

https://www.thetimes.co.uk/article/6a72cbc0-2a68-4092-80c7-1d7d23c49206?shareToken=c2fefb5d380b38749468da0ad06dde72

Based on the broker and your quoted numbers that gives 13p…

Fingers crossed as that would be phenomenal from where I was a few weeks back!

1.8p was the 10p original

5p is the historic peak (old 27p)

Back in the day people mentioned £2…that seems fantastical to me ie 37p….

What does everyone think?

I’m trying to work out where I will be happy exiting after 3 years holding 🤣

Https://x.com/premafrimin/status/1754399575824114135?s=46&t=UmhK8lWBKE_6xO4wuPZUKQ

Prior to all the share issues.

Circa 1.8p today was most parties entry 2yrs ago at 10p+

The peak history is 5p equivalent (old 27p) which is £175million market cap.

Reposting as it keeps being asked….10p again would be £350million market cap which seems fantastical but isn’t beyond possibility with the right testing results.

Back in the day people dreamed of a £2 share price valuation which would be 37p today.

If we get to 1.8p we are back to circa 10p prior to all share issues

The previous peak is 5p. (27p equivalent)

In theory…new valuation is seen at 5p+!

Equivalent of 5p today

I did post previously but it’s swamped on this bb. 27p is equivalent to circa 5p today due to the increased share numbers.

Directors options are at 6p…

Those of us who paid 10p+ 2 years ago were buying in with market cap circa £65m.

Today that is circa 1.8p with new shares

When it got to 27p + it was near £175m.

So it’s previous peak is equivalent to 5p…

That was before a drill had worked and helium found.

10p seems fantastical but that would be £350m market cap….personally I’m happy this has returned to life!

Please keep posting your positive contributions to this board and use the filter. Intelligent debate is severely lacking on this board and every other board I watch. Thank you for your contributions.

Thank you for taking the time to repost this. I know you have been in this share for a while, as have I and you put a lot of time into your review and contributions to this board.

I still believe this company has to be worth north of £12million market cap which gets us a circa 4 fold increase from today.

If the mill proves/delivers valuation of all the spoil heaps it serves its purpose.

The exploration/claim opportunities should support £12m valuation alone but having monthly revenue & some contribution to costs makes a further strong case for increased value.

I hear all the arguments about placings, time taken as well and I am a frustrated long term holder. But wouldn’t it be great for all if the promise came good in 2024!

Thank you. The quality of this discussion board has increased significantly. We watch for the ticks on the list and await the license…as the nominated first one!

Natemc you are right in what you say. This year is the timeline and the permit is August. Think i got a little carried away there in linking permit and plant but there has to be some linkage within the project plan!

None of this back and forth is constructive. The interview in which BH said he would post some photos is on sharetalk dated 25th June. He said the site “looked like a building site” ie he didn’t feel it would be constructive to share. That was his opinion. Every RNS states target August for the mill (subject to permits granted) and the placing which people subscribed to will be based on this. Your view is simply you don’t believe August deadline will be achieved. We will all have to wait and see…

https://www.glencore.com/media-and-insights/news/glencore-to-acquire-pan-americans-56-25-stake-in-mara-project-becoming-its-sole-owner

clearly there is a long way to go but…based on the price paid by glencore by my back of *** packet hallucinations the gwmo copper appreciated by the right buyer gives it 1.6p valuation!

i know it’s totally fanciful but if the gwmo team can get this mill up and running, prove the value in the spoil heaps, and then over a number of mining seasons convert the minerals claims into $$$$ this could be a fantastic investment. bags of potential! i know many investors patience has been tested already but there is still reason to believe this will come good!

1p - £54m

0.5p - £27m

0.25p - £13.5m

0.1p - £5.4m

Where we start from the placing is 0.055p or £3.1m…

We would all like to see it go up from here!

From a personal perspective I think the mill and permits gets the business valuation to £10m with positive news flow!

The production/milling then moves it on…when things are “known” in terms of volumes and Return from spoil heaps etc.

If by the end of the year we’ve consolidated the position around £15m valuation and the business model is finally showing ongoing revenue etc then you get a baseline valuation + any £x valuation from the exploration. Be it copper/.gold/.silver/rare earth metals etc.

Happy to proven wrong but I think it always takes longer than we all want it to so I’m in the black from 0.1p and hoping we get up to 0.3p as our new “normal” before pushing on…albeit I’ve been here a while and get the same frustration as all that there will probably be another share placing just as we see the share price increasing with momentum!!!!

Thank you for your contribution as ever. When do you think production is going to be started? The June RNS suggested permits August 2023…. The process of getting the mill up to speed won’t be a straight line but will likely be one that continues over a period of months with RNS updates along the way!

Thanks for your ongoing wisdom on this discussion board.