Member Info for Orange33

TBV is still at £1.37, so £1 is probably a good conservative valuation without any foreseeable improvement, albeit now with the profitability guidance that should shoot up massively

Just shows how undervalued MTRO are on all metrics, especially with the banking sector on fire in recent times

Technical wise shows a massive breakout too

All IMO

Simply put, if MTRO becomes profitable it will be back in the billions £ valuation,

And for that reason I finally took some back, my last hold was at £4, no reason why we can’t hit those levels again

If I’m honest I thought the mortgage sale meant struggling times, but clearly a part of a bigger plan that’s yielding results

I have a feeling the shorts are caught out here, let’s see how it plays out

All in my opinion

2.3m burn rate this quarter, and 25 h2 for positive,

13.8 in cash - 9.2 (2.3x) for 4 quarters....?

the 50% increase in unit price as well as exceeding target

Reckon they get there without funding

All IMO

Convinced now

The price per unit and CEO change and growth trajectory, with the China money could mean they can make it without any more raises

The last raise was 8p

Great value here

All IMO

17-Jul-24 16:29:34 3.175 525,000 Unknown* 3.00 3.10 16.67k

0.5% of the company paid above ask right before close, going to be a big day

All IMO

Hot* property

The only reality is that AIM small caps are not property at the moment, in fact every big mover has been based on a low mcap low float + news

See

CPX

GPL

HE1

Clon

GDR

The only reality you need to know Is that it’s only at 3m mcap and transformational for the company, free carry royalties and creditor clear

See my previous posts, this hits double digit pennies IMO and still ‘only’ be 10-20m mcap

Ignore the noise

All IMO dyor

See my earlier post,

this goes to double digits 10-20m mcap is my guess

Late day RNS, so should be fireworks tomorrow

All IMO

Think most are still underestimating the gravity of the deal

clear creditors, 20-30 year production, 4+ x 12.5% royalty?

at 1.5m mcap?

this will make the HE1 move look silly

All IMO

Yep, this goes to £10-£20m mcap over the next few months IMO

"This deal really does add very significant value to Pennpetro shareholders. "

Axa probably started the sells a year ago from £2 (ironically at net equity value) and only cleared a few weeks back with overhang gone in past few days.

With the minor decline due to the hiccup, it should get back to £1.50 or so on a like for like basis

But agree the reserves and partner to unlock it is worth many multiples of that … try several £s

All in my opinion

I’d ignore him he’s the same beeks chap from the other BB spreading nonsense and calling 5p

Must’ve cost people a lot of money

You only need to check the history of the BB, he was a holder in the high £s and obviously sold at a loss at some point - probably just doesn’t like that people have an opp to buy in single digit pennies so spreads FUD about delist

If you had any brain you’ll know that it was a liquidity hit that dragged it down, especially with no immediate rns, seen it time and time again, it’ll recover in time.

Jealousy and all that

All IMO

Took some for bottom drawer, won’t be surprised to see this back to 40s at some point

All in my opinion dyor

So would any other newly built airport which would cost a couple £billion

The infrastructure is in place, flights are increasing - it’s clear what they’re trying to do - take the whole thing for free or get their 30% ish back?

All IMO

£400m+ airport

£250 ish debt (?)

£3m mcap

It was already at punt level with 15/1 odds now you get 30/1

IMO

Not surprising, since the first allegation it was always an attempt to grab it on a free, Esken defend it and they fire more shots ?

They know the worth

All IMO

Not enough volume here for a pump and dump and spread too wide too, it'll be one that does a few hundred % at a time before the herd arrive, probably at 15-20p+ levels depending on the deal.

All IMO

Https://www.essexlive.news/whats-on/southend-airport-announces-biggest-winter-9042258

Come on, this is £500m all day long....

25p after debt

All IMO