At mid-spread....20 Nov 2024 23:16
...this co is valued at under £M12. Allowing £M8 from the notional settlement of Tant Valley Arbitration, this values all our other businesses together at less than £M4. OK, none are at present actually turning over cash yet, but each is capable of moving quite soon into that position. I therefore conclude that this SP is rather cheap and though speculative, there is scope for upward movement to at least 2p and if the sand samples prove to contain significant particles of gold, a little higher for now.