RE: Acquisition completion16 Jan 2026 07:30
Good news and its sounds humungous for such a tiny capped co.
" The 2023 NI 43-101 reports, with the current known resources and reserves, phase 1 development pre-tax cash flows of US$1.84 billion and an NPV10 of the asset of US$561 million. With a market cap of under £5 million, inclusive of the recent Consideration Shares and Placing shares, I believe there is exceptional value inherent in the Acquisition and our focus will be on better reflecting the value our expanded asset portfolio in our market valuation."