RE: CDL Upside | Adjacent projects $4BIL + $27BIL | Aus is Tier1 | 50P+1 May 2026 12:54
£50m seems massively too low given the latest RNS
In accordance with the FCA's Disclosure Guidance and Transparency Rules, as at 30 April 2026, the Company's issued share capital consists of 2,215,869,637 Ordinary Shares of £0.001, each with one voting right. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company 2,215,869,637.
The above figure of 2,215,869,637 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
At todays price comes out just shy of £10M so an SP of 2.5p hits your £50M, unless my maths or understanding is wrong.
If drilling proves (hopefully) as good as soil samples I see no reason why the wouldn't go into the £'s.
Fingers crossed.