Member Info for pj70

Yes Sakura definitely a worry that Trump may decide that he does not like the tache on the Nicaraguan leader! I also think it would be good comms to give an update on when information for Dupax is due as well.

Legache you obviously dont realise that Venezuela has the largest proven oil reserves in the world.

ISA investor - if they were to get to 300k oz per year and even a 3500 usd then our 459m market cap would probably be 6-7 fold on current SP especially with a pipeline of projects in the 3 countries.

Im with Punter on this one as we are still an explorer for all intensive purposes and not a producer and that transition to revenues and growth will move this. Not sure the market believes yet based on market cap that Helix will produce and that the offtake agreements will happen. In the next 4 weeks we should have some answers.

Beginning of the trading year for us "metal heads" and lets hope for a great year with alot of news to come out first quarter.

Other kickers was for 2026

25-30p at end of 2026 with gold price holding above 4000 an oz and no stockmarket crash. Also La India has to be producing in Q4 2026 and Dupax has to be a second mine option for mid 2027 then the real re-rating in 2027 when we become a 50k oz a qtr producer in H2 2027.

Other kickers for 2027 are reserve updates for La India, Drilling updates for other Nicaraguan prospects, Copper deposits in Phillipines we start drilling on and then if they are succesful and we are able to get a MRE on copper for Manikbel then that could add 10p plus per share and then some.

Gruff the 5 year plan is for a 200m EBITDA per year with manageable debt profile unlike previously and growth. The reality is that we have seen a 167m of contract wins in last 2 weeks, Debt will be down to circa 150m as of year end today and with interest rates falling they will have more benefits on interest decreasing alongside the debt. Couple all this with dividends starting in 2026 or a buyback or both as stated by mgmt we are in a good place to see SP appreciation. Personally would like to see buyback and reduce the 1.2bn shares we have on issue and then think about dividends in 2027 or 2028 when debt is sub 50m.

My target was actually for 30p by this year end and i think it is still way undervalued at the current price and has some way to go BUT it is more looking that with under 100m debt by end of 2026 or less that one years EBITDA and the potential dividend that will start in 2026 we will get traction in the 20p+ mark when that is announced.

One needs to expect this share is a bottom drawer boring type stock that when the first dividend is announced alongside the continual debt reduction and growth options start eg additional vessels tied to new contracts then this SP will start to move.

The current market cap is £223m or lets make it easy and do in USD $301m. We make an EBITDA of $110m this year so we are less than 3 times operating FCF. At some stage with a dividend in play this will move to 5-6 so double where we are now in my opinion and less debt which is the key in my opinion - getting that ratio under 1 to EBITDA will be a big milestone.

Therefore if they can deliver on 200m EBITDA organically then multiply that by 5 and you have a 1bn market cap usd vs 300m now! reality i think is there is no way they can get to 200m ebitda organically and that it is likely they have acquisition thoughts to get to this level. Just my opinion.

I hold but think that 40-50p is achievable by late 2027 / early 2028 and with EBITDA being in the $130-135m range for 2028 or 650-750m market cap on FCF of 5 - just all my opinion and thoughts and LTH

Already being priced in this week as we speak the financing news.

Two key pieces of data but actually think the Segilola update to resource is probably the key one as that is what is driving the money currently and they need to show the market how many more years it can keep producing and no gaps with Douta for production

Still think the annoucement of dividends or buy back or both is what the market wants to hear and that should come in January trading announcement i think.

Sakura the last video DB did early October they were JUST about to start drilling for Dupax after that interview and then they were down for a week or two for the typhoon so realistically december / january we should get the results. The other thing is that WHY would you add photos with a coin and showing the drill rods and what looks like gold in it if there was nothing to report in the november presentation.

Sorry John the intention was to spark conversation and debate but it obviously did not come across that way. My bad!

There was no statement or conclusion "hoping it is not" was the comment.

John is there a need for the rudeness?

15m traded yesterday and 1.6m so far today!

Hoping it is not bad news on Dupax

Strange price action today with most miners up and MTL down. Was it a sucker punch yesterday??

Yes it would be insider trading but the AIM market is just that in my opinion and not an even playing field.

Based on the share action the past few days one would suggest the financing is a done deal and those in the know are topping up.