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Who actually cares how the sp is priced other than institutions. I’m looking at £40 mil mkt cap and it’s a bargain with the future cash flows and resources
In the ground of the THREE mines. JV and finance are the next RNS to get excited about in my opinion
Great to sell (sarcasm)
https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html
Couldn’t buy on my first few attempts, even though the price dropped. Hopefully this is the last of the .30s
There is now more copper and gold which can be extracted therefore extending the life of the mine which in turn should lead to a higher multiple being applied to any profits. In my humble opinion this statement should mean our MKT cap shouldn’t be below £50mil at any time now considering the price of copper and gold !
Yes by my calculations there is more than $3bn of copper and gold can be extracted from Ming not including the bonus mines...
Wow some serious selling in the last 20 mins
Saltings - it would appear you are correct ... it’s totally insane
DJ could be Walter Mitty for all we know. This is valued at less than dirt value now so be greedy when others are fearful and all that
I look forward to hearing in a few weeks time how many shares DJ bought today
Rambler are making progress and production will ramp up in the second half of the year which is only a few weeks away. Copper will continue north, the short term funding gap will be plugged, some kind of JV will be announced for LD. My only frustration is that I topped up in the 40s and not today!
We have “numerous offers of unsolicited interest” in little deer but now the SP is lower than before we had this confirmed in an RNs.
Agreed Bitcoin - I said we would never see these prices again considering the macro environment. Bit of a joke now had to take some more. Next +10% day the herd will be all over this !
Okay so utilising LD would be considerably faster than traditional methods which means there is value to leverage. Thanks
Cornish is that not a bit like when the naysayers said we wouldn’t have a Covid vaccine in 9 months, anything is possible with the cash is available due to a surging copper price
TB is investigating finance options- would it be unreasonable to think that whoever is lending money would also like to buy part of the company without doing a placing. TB gains the required lending on low interest terms based on a nudge nudge wink wink basis by telling the truth in the RNs. A favourable buying window then opens up due to the uncertainty created and next thing we know the finance is in place and back over .6 before the consolidation.... The only losers would be the panic sellers
Lombard shorted echo just after deferring their debt payments so anything is possible
Well Done DJ I wish I had more cash at hand to do some top ups here. I missed the bottom and got some more yesterday - just a bit off with my timing
Hopefully that £50k buy was TB himself