RE: Excellent testing news21 Jun 2023 06:31
Bit confused Music?
HZM had a rerate 20-1 !!
So no I’m not looking at this type of rise.
But I’m looking at BRES to get its ducks in a row in the coming months and we will rise accordingly.
Remember we we valued at over £105M last July
First Equity Limited PFS numbers, had updated their risked valuation model, based upon a revised NPV8 of $482m for Orom-Cross and by applying a 30% development/resource, 50% finance and 25% country risk factors to derive an estimated £105.4m (prev. £43m) value.
A £105.4m risked graphite project value equates to a price per share of 59p, which is more than double their previous 27p target and represents an uplift of around 18 times from the current share price.!!
So this was July 2022.
So based on this I’m expecting way above this as we’re in much better shape this year as we have moved forward nearer the End game.👍