Member Info for PortfolioPower

AKA ' the script reader' :-))

Massive few weeks ahead for the company

This has always been Budd's main ambition and culmination of a lifetimes work within the diagnostics industry to see this strike major commercial success

Doesn't get much bigger than this.

Company changing news incoming

Yes, groundbreaking technology being employed here to pin down the structure & ore body for the next drill campaign.

Should be close now to confirmation of additional 2m cash payment to Orosur and updates from Argentina and Brazil

Also news on the formation of the new mining company for the JVA.

Well worth noting that APTA isn't even the largest prospect at ANZA.

Once JVA details released we will know next drill plans for ANZA

Cash held at June last year was 4.97m

· Mark to market value of holding in Atome Energy of £9.8m

> Presently trading well below cash held and liquid assets is an exceptionally rare situation

Expect the MM's to Gap this up significantly on publication of year end financials

Cash held figure will be significantly more and profits will have increased

Position accordingly

Expect to stay long here for the foreseeable.

I won't be surprised to see this trading back over 250-300p in no time at all and still look cheap.

First catalyst could be year end financials in a few weeks time.

On an exceptionally modest PE of 2 this could be 350- 400p+ depending on final results as they are released to market + stake in Atome.

That will be just the start of what I believe to be a major move back up.

Loan facilities with third party financial debt IYA, an affiliate company of Peter Levine. Included in that US$18m is a bond issue of US$8.95 million at very low interest rate of only 1.24% with credit rating of A- investment grade

Debt is no longer an issue as the company has turned around significantly from a previously loss making operation in 2020 to a modest profit in 2021 to what I expect to be a record year of substantial record breaking profits with a sharp uplift in EBITDA revealing what i expect is now a very low gearing ratio for our present debt commitments for the full year end in 2022 (see my prior note in this trail.)

Company has advised they now have significant headroom to actually gear up against our production assets, but present surplus free cash flow generation is sufficient cover all planned capex.

So no funding issues, and record surplus profits now providing cash be invested into further growth.

On that point the company expects to be able to increase production by over 100%+ from existing assets.

All of this on top of what I'd set to be a record breaking year of profits.

If news lands as I expect in a few weeks time to a market that is fast asleep on this I anticipate that it will coincide perfectly with the media and PR on the proposed drill and it won't be difficult to imagine a wall of cash moving in from the likes of 88e looking for the next big drill but with the comfort of an already undervalued highly profitable operation with increasing production outputs from existing assets held where legacy debt can see a rapid Amortization should they see fit to do so.

Hopefully Malcys blog will cover this situation in a far more eloquent way and the market will start to wake up to the opportunity here just in time for the company to announce their transformational strategy to market by end of Q1 including all the proposed green energy and ESG initiatives

GLA

"Based on Bloomberg data, it is interesting to compare the value of the world's biggest mining companies versus the world's biggest tech companies. The top 5 most valuable tech firms were worth a collective $4.55 trillion at the start of 2023, down $2.9 trillion over the past year, but still well above the combined value of $454 billion for mining’s top tier. As columnist Frik Els puts it, with Apple’s market capitalisation alone – even after shedding nearly $750 billion in value during 2022 — you can buy the world’s 50 most valuable mining companies, the next 50, and still have enough left over to snap up three years of global copper mine production and buy 2022’s seaborne iron ore. "
Gavin Wendt @ Minelife.

Don't think there are many posters on here piling into any tech companies

Imagine the rotational play if the cash parked up in tech stocks starts to migrate to the resources sector.

Agree about valentines day.

Don't forget the young female geologist that was put in front of the camara and clearly couldn't look at it whist appearing to deliver a script

If you apply the same metrics to BP as applied to Exxon and Chevron it would get you there.

Everyone would be extremely happy with anything approaching their price target

GLA

Hugely mis-priced market valuation here at present

C.75%. of the present market cap is fully underpinned by our 25%+ ownership of Atome energy alone.

Results for Q3 2022 ( November announcement). stated

> turnover for the first 9 months for the year was in excess of US$ 26 million

> Profit before tax of US$ 16.9 million.

> Full year results for Q4 2022 are due to be released in the next few weeks

A full strategic review is due to be published In Q1 for what looks set to be a transformationsl year in 2023

Big drill planned in May

Numerous ESG and Green Energy initiatives being worked on.

Grossly oversold on the technicals and floor looks to be in.

Company throwing off net profits in excess of their market cap!! that alone warrants a share price at a much higher range, add in our stake in Atome which is worth 8m plus 16m positive cash flow for a market cap of sub 30m would be madness, this is presently trading at 12.5m

Market sleeping on this one, once full year results are out and the PR starts to roll out expect things to get a lot busier.

For now, happy to scale in at these levels whilst it's quiet.

GLA

@ Northern

While we wait on news here.

I know you are already in Atome.

I think now is the time to be adding some Molecular Enrgy (MEN)

Reminds me alot like the June 2020 days in here

Similar production numbers to ZPHR over at MEN yet trading at less than 14m market cap.

Big drill due in May and rig secured so opportunity for build a position well ahead of the herd imo

Only mentioning this on here as a one time post as someone mentioned ZPHR to me over on another bb when it was 0.5p and just a handful of posters were on here at that time (you know who you are) and the similarity in production figures between the Two and the ESG credentials of both tick my boxes.

MEN have done no PR at all so about as under the radar as ZPHR was back in Summer 2020 before CH got the message our there.

Anyway back to ZPHR as I know some can get precious about these things but only mentioned as a thank you to the poster that flagged ZPHR as a potential 10 x bagger to me and they were right!

Expecting the PR offensive to kick off for MEN from the usual channels very soon.

Best wishes ro all.
&
GLALTH

Good post AGEOS

I also have faith in Brad and expect any option agreement which I believe can be triggered at the end of phase 2 /start of phase 3
Also known as 'The bit they haven't yet nailed down'

may look similar to the live Yamana Gold acquisition where Goldfields were given the option to buy and Agnico came over the top with an enhanced offer which included around a $1 dollar cash per share, plus shares in both Agnico and Panama Gold.

This deal all kicked off in November and latest RNS over on Yamana suggests it will close by end of Q1 so keeping an eye on that one.

Agnico's M&A team are certainly kept busy at present!

Good observation on those interviews BTW

In the interview with Donald that he had to explain that Elephant country in geologist terms means 10m - 20m - 30m oz Gold district.

Brad was asked if he expected the JVA to run full term

The answer from brad was a sharp NO.

MMA (insert new company SPV name here presently being set up in a tax advantagous way) may hold some of the answers once that is completed.

All speculation until we get the firm details on the JVA.

GLA

Nice silent riser.

Agree, not even Newmont got it right first time at Havieron, as stated, look at all those old videos that Gervaise put out about Havieron in the early days.

Been in here ever since RP stuck £1.4million of his own cash into this company.

I repeat

£1.4million of his own cash into this company.

Can't say i know of many other juniors.CEO's who have done that or got even close to that amount of skin in the game alongside shareholders.

Good to read almost as many comments from those not invested as those that are, always a good sign of fomo cash on the sidelines waiting to get in.

Pretty obvious once the drill plans are released this will start to tick up quickly as excitement builds towards a multi target programme.

The window for drilling opens in a few weeks and sure some will be happier paying 5/6/7/9p as progress updates land that's the nature of the beast and why I've accumulated down here alongside the MM's who have been hoovering up stock to sell back at 100-200% mark up from here over the next 12-16 week period.

GLA

Edit

*only 6,000m of 30,000m drill program completed

24,000m of drilling planned at Red Setter still to be undertaken

1 day closer to incoming news.

Only 6000m of 24,000m planned drill program at Red Setter completed so far.

The bulk of the resource definition drilling is still to take place.
+
Maiden Drilling at Cotesloe due ro comence
+
Maiden Drilling at Anketell due ro comence

GLA

Very strong set of numbers

Good point Rob

Better to stick to OMI discussion on here.

The more I review some of my historic investment notes on here the more I tend to share the view of a few others around Brad being told to keep hush for now about certain goings on in the background until all the paperwork is in order.

I have my own theory about how this is going to play out cumalating in an offer being made for ANZA next year equivalent to 70p+

Whatever happens all the pieces of the jigsaw should start to be thrown on the table over the coming weeks.

GLA

AGEOS

Brad has actually discussed this in previous interviews.

He stated that if we were running the project alone we would put an initial JORC out to market and the cost of this from memory to do so he stated would be about $8-10m in further drilling at APTA

In addition to this, he also stated that they do indeed hold sufficient data to know exactly what they have, it just that it would be a non JORC complaint resource estimate (as your friend has rightly pointed out).

To get to a JORC compliant model will require the infill drilling together with the hole twinning and then they would have the sufficient data to make it sufficiently compliant.

BG has stated that they have seen enough from APTA to know what they have but because they are here for 10Moz+ (as per recent pepas interview) they are looking to repeat these discoveries across the wider licence area to understand what else is out there rather than just focus soley on the one target which is what OMI would be forced to do If we didn't have a free carry on the drilling.