The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Enough said
"just be patient with this absolute dog.... it will come good within the next 20 years looooool"
I tell you who else is full of wind - Bitcoinbuyer! You've somehow been backing this dog of a stock for over 2 years now with the same rubbish spiel. Only going one way - DOWN
Gotta be honest pretty gutted with how it's playing out here atm - had so much hope at the start of the year but it seems that ever since Craig announced his departure the project has completely flatlined. Can't see any upwards share price movement happening for the foreseeable.
This has been a much slower get rich quick scheme than I expected but at these levels it seems like the potential to multibag by the end of the year is very significant indeed. Will be very interesting to see what the next RNS says after such a delay. Good weekends all
Lol still relieved I got out of RMS at a profit - anything Trevor Brown touches should be avoided like the plague. Surprised anyone over at BRH believes there’s actually legs in anything he says
Incorrect, no placing as Cobra is fully funded for the next 12 months - let’s see which share price is higher in 2 months time. So many on this board desperately clinging on to any ounce of hope they can. Let’s face it, chance to get out was when it got back to 3 due to a machine delivery lol. Shocked anyone can still be buying into it after the latest RNS. Absolute shambles the whole setup. May as well cash out and take your money down the casino or put on a few euromillions tickets, more chance of winning...
Safe to say this one is dead guys, time to give up the dream. GC was talking about needing a bigger boat back in October, since then the 5 ply mask has fallen by the wayside and not a single mask has been sold, all whilst the vaccination programme is picking up steam. Clear as day the BOD is corrupt and have used PI’s here - wake up and smell the roses for all you still ramping.
If you want to invest in a company that will actually give you big returns, have a look at Cobra Resources
PARABOLIC WHEN THE YANKS WAKE UP!!
Enjoy your weekends chaps. Looking forward to seeing what next week has install for us
Shameful ramping from Cave back in October
Love that optimism Bitcoin. Got a feeling the Xmas dinner is going to be bought from M&S this year ;)
Whilst we’re waiting for our next blockbuster RNS, thought it might be fun to put predictions out there for end of year SP..... I’m going for 7p. Hoping it stays around current levels until the end of the month so I can load up with quarterly bonus.
Saint Tropez is a true hero of this board. We can let him off a typo every now and again ;)
Yep very surprised that we haven’t seen any positive price movement on the back of such a positive RNS. Doesn’t seem to make sense. I guess the market isn’t always rationale and hasn’t caught up to this yet
Thanks Saint Tropez, excellent research and numbers as always. Still can’t get my head around how undervalued we are at the moment. Hoping we stay at this level until the end of next month so I can buy some more with bonus.
Been doing a little bit of research. Let’s say we get to a million oz gold. Absolute minimum value for that I think is $20 oz. that’s really lowballing it. Sort of value you’d get with limited research and difficult to mine.
When you are more confident with the gold in the ground we are talking $30 + per oz. again $30 is a real lowball for this.
Then you take into account the ground. Craig mentioned this could be “open pit”, which basically means the gold is easy to get to versus being really deep in the ground. Honestly not sure how to value this but it would be $100+ per oz at this point I would guess.
That would put us at 100m market cap, roughly 10x current cap...Then as you take it further and actually start mining it the value goes up again.
I’m no expert but from what I’ve seen they’re very confident there’s a million oz in the ground. Let’s say we double that and open pit scenario then we could be looking at £600m, we own 70% I think so £420m. Around 42x current market cap so over £1 a share...
Am I along the right lines with these figures?
Interested to hear thoughts on where you guys think it is likely the SP will finish this year. It is widely agreed that long term this is going to be a big winner. I’m annoyed at myself as I hold 255,000 share in my Lisa which I’m planning on buying a flat with at the end of this year, but it seems that 12 months isn’t going to be enough time to realise the value here...
I’d be very surprised if you get the opportunity to do that Monkey
Some of the people on this board really are absolutely clueless. £1 with a few franchise sales. Loooooool
Couldn’t be a better way to start the day. Massive thank you to Carribean & St Tropez who have been sharing all the valuable information on this absolute treasure chest of a share. Can’t wait to see where we end up the year.
Thanks both, really appreciate the level of detail in your responses, this is definitely the most exciting stock in my portfolio and I’m excited to see where we’re at by the end of the year. Carribean, if 2029 signifies the year you’re planning to retire there.... you might have to bring that timeline forward at this rate ;)